Wolfson Prize submission for solving Greek crisis similar to plans from Krugman, Roubini; loves animals
Quietly, JP Morgan has built a booming stock and bond fund business; tuning in to 'Dr. Kelly'
The financial crisis and the Madoff scandal did a real number on the reputation of investment advisers. Many, though, say they've slowly begun to regain clients' trust. Now, out of the blue, a respected Wall Street institution cops to a $2B goof. This does not help.
Despite dire predictions, it was a very good year for municipal bonds last year. Many analysts are predicting more of the same. One possible hitch: bankruptcy negotiations currently being conducted by several cities could encourage scores of other towns to turn on their bondholders.
Proposal likely to smack those with lots of capital income; ordinary income not so much
Under plan, top marginat rate would top out at 28%; all personal income tax rates cut by a fifth
The best short-term investment at the moment may well be purchasing a ticket to Super XLVI in Indianapolis. Tickets for the Giants-Patriots rematch have a par value of around $1,000. But the secondary market is a different story. In fact, the NFL says one fan paid nearly $12,000 for admission to the big game.
Bank plunking down on securities tied to home loans outside the U.S.; a little more yield
JPMorgan boss' questioning of Fed policy raised eyebrows
