GMAC, the main source of auto loans for General Motors (GM), was recently approved as a bank holding company allowing them to access funds from the Federal government. Within days after the approval, taxpayers provided the lender with $6 billion of funds through the TARP in an effort to help...
OK, you hit a nerve. I can’t hold back any longer simply biting my tongue. I apologize in advance.
According to Paul B. Farrell, the money losing lemming of Marketwatch’s Lazy Portfolio strategy, it is a good thing to do nothing with your investments as they lose and lose big…
According to...
There is an interesting battle going on. On one side is the tag-team of the Fed and the Treasury. On the other is corporate America’s ability to maintain profitability in the face of this severe downturn. Sometimes they are working together with a common goal, while other times they seem...
American Funds has recently put out a concerning report on their website. It is aimed at advisors who are looking for ways to approach their clients to help smooth over any hard feelings from the pain and harm inflicted during 2008 on buy-and-hold mutual fund portfolios.
My first question is: Where...
Guest: Peter Schiff, Author of Crashproof and President of Euro Pacific Capital. Andrew and Peter explore the global meltdown and the potential winners emerging out of the ashes. How has his theory of a global market decoupling performed for his investment clients during 2008? Listen in to find out the...
