Originally published September 15, 2003
The flap over the pay of New York Stock Exchange chief Richard Grasso is reminiscent of times past, when the NYSE was run by the “good old boys” of American high finance. They were in control until “Wild Bill” Douglas appeared on the scene as head of the SEC in 1936 [...]
April 23, 2007 | Posted in
People |
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by Bruce Fenton
If you are short of something economic to worry about, try the American savings rate. The people of Europe might tell us that our economy is going down like a lead sled because we Americans are such poor savers. And, more than a few of the financial press seem to share that view.
The [...]
April 16, 2007 | Posted in
Economy,
Trends |
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by Bruce Fenton
Originally published in The Fenton Report on March 29, 2004
In 2003, the federal government treated nearly 24 million families to a tax credit check. The U.S. Treasury mailed checks to many people who claimed the Child Tax Credit last year as an advance payment for the credit’s increase (tax law changes in 2003 [...]
April 9, 2007 | Posted in
Retirement,
Taxes |
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by Bruce Fenton
A college-bound student is likely to pay a huge price for that coveted sheepskin … $12,127 a year to cover tuition, fees, and board and room at a public institution … more than $29,000 per year at the average private college, according to the College Board.
The rest of the story is not much [...]
April 2, 2007 | Posted in
Health & Living |
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