After a rapid crash in 2008 to just over 6,400 on Inauguration Day 2009, the Dow Jones Industrial Average has nearly doubled, reaching 12,286 with intraday trading bringing it even higher.
Continue Reading →In April 2010, in an effort to bring trust and greater activity back to the greatly diminished asset-backed securities market, the Security and Exchange Commission (SEC) proposed significant changes to Regulation AB.
Continue Reading →The U.S. Senate has passed one of the last hurdles in its efforts to cope with the overwhelming issue of health care in America by a 60-40 party line vote at 1AM today.
Continue Reading →This week the Dow Jones Industrial Average reached and slightly exceeded 10,000, closing two straight days above it. What will it really mean?
Continue Reading →Isn’t it ironic that a firm such as AIG, with so many expert and professional insurance risk analysts would engage in the riskiest form of insurance ever created?
Continue Reading →Is it better to panic when you hear about bank failures or to plan for them? Ultimately, it’s your choice.
Continue Reading →World markets from Tokyo to London fell dramatically today on concerns about the US economy and potential recession.
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