Von Aldo

RT @FundMojo: U.S. consumers fall behind on loans at record pace Uh-oh. (Reuters) http://tinyurl.com/ljwwbe plus http://bit.ly/UuUve

Congressman Frank: Turns out subprime crisis was the gub'ment's fault; alright well, Bush's fault. http://bit.ly/16Hs2u

Subprime crisis was Republican Party

Sobering thought of the day: Taxes pay for about half of federal spending. Staglation anyone? http://bit.ly/Auu6q

Back in the Great Buying Panic of the late 1990s, I once asked a financial advisor what his biggest problem was. His response: “Managing client expectations.” This question was posed in the summer of 1999, the year the Nasdaq Composite soared by...

Just returned from a week's beach holiday. What happened to the economic recovery? http://bit.ly/X4lBG

Today, the New York Times reports today that Citigroup is restructuring its pay scale (i.e. upping salaries and reducing bonuses) for its rank-and-file workers in an effort to retain them. While the story notes that Americans regard Citi as the...

Amazingly, the financial sector accounts for 13.5% of the S&P500--behind only tech at 18.4%.

Hedge funds are now targeting middle class via mutual funds, says NY Post. http://bit.ly/jPPWV

SmartMoney magazine has been publishing its "10 Things" list every month for years. The 10 Things list is meant to be an "inside-baseball" look at various professions, from plumbers to travel agents to, as of 16 June, financial advisors. The...