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By Bob Clark, AdvisorOne |
January 21, 2013
Some 20 years ago, financial editor and writer Joe Nocera (now an op-ed columnist for The New York Times) explained to a group of us editors at Worth Magazine why our baby boom generation had gotten a bad rap for being such profligate spenders: “We grew up during the 1970s,...
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By Melanie Waddell, AdvisorOne |
June 21, 2012
SEC Chairwoman Mary Schapiro reiterated to senators Thursday that further reforms to money-market funds are necessary, saying the funds still “pose a significant risk” to the nation’s economy.
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By Melanie Waddell, AdvisorOne |
May 11, 2012
During a conversation between Schapiro and Mellody Hobson, president of Ariel Investments, at the ICI's annual conference, Hobson said the industry and the SEC were at “loggerheads” over the SEC’s plans.
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By Melanie Waddell, AdvisorOne |
March 16, 2012
Despite the deluge of comments opposing the SEC’s plans to soon issue a rule to further reform money market funds, SEC Chairman Mary Schapiro insisted Thursday that the funds still have “structural flaws” that must be addressed.
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By Gil Weinreich, AdvisorOne |
February 8, 2012
When Fed Chairman Ben Bernanke announced two weeks ago that the Fed expected to maintain its near-zero interest rate policy at least as long as the end of 2014, it was the latest salvo in our loose monetary regime’s increasing repression of savers.
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By Gil Weinreich, AdvisorOne |
June 27, 2011
At issue is whether the hefty exposure of money market funds to European debt securities, especially as Greece's economy wobbles under the weight of its problems, make those funds vulnerable to “breaking the buck,” which in turn could lead to a run on the funds.
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By Melanie Waddell, AdvisorOne |
May 1, 2009
If you were asked to nominate a single representative who personifies reason and insight when it comes to investing, combined with integrity and a career-long...
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By Staff Writer |
March 1, 2009
When Lehman Brothers filed for bankruptcy in September of 2008, the Reserve Primary Money Market fund announced that its price per share had dropped below...
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By James Picerno |
November 1, 2008
Surviving a month like September 2008 is a tough way to earn strategic perspective. Mercifully, bearish runs of that magnitude are rare in any calendar...