Newly enacted financial reforms are significant for ordinary investors, who should prepare for changes in their mutual funds, brokerage accounts and stock holdings.
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Archive for July 23rd, 2010The growing fear of falling prices is exactly why we need to protect ourselves from rising ones — and the money printing that produces them. If you’re in the market for long-term-care insurance, take a look at what the government will offer soon. But should you wait for it or buy other coverage now? The liberal tax revolt, as the Wall Street Journal is calling it, is a very important topic — especially for investors and small-business entrepreneurs. And for new jobs. The so-called revolt is comprised of three Democratic senators: Kent Conrad, Evan Bayh, and Ben Nelson. They want to extend all the Bush tax cuts. That includes taxes on the wealthy, or the top personal tax rate, the investment taxes on capital gains and dividends, and the estate tax. So is this revolt a game-changer, or merely wishful thinking? With a strong pushback against the revolt by President Obama, Treasury man Tim…
Jul
23
2010
 
Don’t Worry: Stock Volatility "Dramatic, But Not Serious," Mark Dow SaysPosted by: yahootechticker in Yahoo Tech TickerThe stock market has been seesawing back and forth this earnings season depending on the batch of corporations reporting that day. The moves are “dramatic, but not serious,” says Mark Dow fund manager at Pharo Management, a hedge fund with a
Jul
23
2010
Don’t Rush to Judge: Europe Bank Stress Tests "Will Be Successful," Mark Dow SaysPosted by: yahootechticker in Yahoo Tech TickerWall Street turns its lonely, working-for-the-weekend eyes to Europe Friday. Financial markets weakened ahead of the results of bank stress tests, due at 12 pm ET Friday, as traders panned the methodology. But don’t join the market’s kne
Jul
23
2010
Ford: First Victim of Battle Between Reg Reform and Rating AgenciesPosted by: yahootechticker in Yahoo Tech TickerFrom The Business Insider Whenever you get new laws and “reform,” unintended consequences are sure to follow.Usually they take awhile.Not so with Dodd-Frank. From The Business InsiderAmazon reported $6.57 billion revenues late Thursday on $0.45 earnings per share.
Jul
23
2010
Facebook ‘Suspects’ Zuckerberg Contract Was ‘Forged’Posted by: wiredtechbiz in Wired Tech BizFacebook says it ’strongly suspects’ forgery is involved in a contract showing its founder Mark Zuckerberg signed away more than half the rights to Facebook for $1,000 in 2003. The suit to take over the company seven years later is “absurd,” the company says. Paul Argentieri, the lawyer for the man who says he paid Zuckerberg in 2003 in part to ‘The Face Book,’ countered that he finds such statements ‘hilarious.’
Jul
23
2010
Deflaton Would Be a "Good Thing": Peter Schiff’s Plan to Help Struggling AmericansPosted by: yahootechticker in Yahoo Tech TickerWith housing rolling over, unemployment still uncomfortably high and the CPI down three straight months, the specter of deflation hovered over Ben Bernanke’s semi-annual testimony to Congress this week.Walking a thin line, |
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