Past estimates of out-of-pocket costs related to caring for an aging or ailing parent or spouse underestimate reality, according to a study released today

The Financial Planning Association elected Richard Salmen as president for 2008, and six new members to its Board of Directors. Salmen is currently serving as senior vice president

Thain realizes that you brokers are important. While O'Neal was criticized as being too aloof, Thain tells the FT today...

Unless you live in a cave, you know that Merrill Lynch hired NYSE Euronext’s CEO, John Thain. The appointment was announced yesterday.

According to reports in the online versions of the New York Post and The Wall Street Journal, NYSE Euronext CEO John Thain has accepted the top spot at Merrill Lynch

The securities industry’s biggest lobby held its annual meeting today, and, as usual, congratulated itself on the great job the industry has been doing in raising capital for business

Less than a week after Stan O’Neal retired as CEO and Chairman of Merrill Lynch, sources in the know say the firm’s Board of Directors has offered the position to BlackRock’s Chairman and founder Larry Fink

Another one bites the dust. Citigroup’s Charles Prince resigned Sunday night in the aftermath of Citi’s horrendous third-quarter earnings report

Deal with the mortgage crisis. Minimize the pain of a hedge fund implosion. Play a game of bridge. Smoke a J. That may be a day in the life of Bear Stearns Chief Executive, Jimmy Cayne.

The subprime debt market blowup has had very different effects on Wall Street firms Goldman Sachs and Merrill Lynch. Goldman earnings shined in the third quarter, and Merrill earnings stunk. But according to news reports