Investment

Back in the summer,1 I warned that the financial markets were headed for serious problems. But even my worst fears pale in comparison to what actually happened: nothing less than a near-death experience for western finance. The markets survived...

In an article titled Retirement Casino, on p. 46 of our November 2008 issue, we made an error. In the graphic of an excel spreadsheet on that page, in the row corresponding to Retirement Alpha, the equation should read (2*(D14 +2*H16)/(D15^2 + H16...

AIG is bracing for a slip in business in the wake of its government bailout. There are several regulatory safety nets in place for troubled insurance companies—but the payment guarantees are limited.

Regulators typically offer a “settlement premium” that is meant to represent a discount on sanctions they would seek at a hearing or trial. Is it worth it?

In the past, fund reopenings have often signaled a market bottom.

Some of the best fund managers say stocks are now a bargain.

Conditions are ripe for a rally, according to one money manager. But…

A few years ago, Paul, a successful owner of a home-building company, wanted to reinvest his wealth in his business. The real estate market was booming and few other assets provided the kind of return he could achieve with a business that was well...