Some prepaid college tuition plans promised more than they can deliver. When the money runs short, who is on the hook?
Read More
Reality Takes Down The CLASS Act
A Washington tradition lives on: burying bad news, in this case the government’s new long term care program, on a Friday afternoon.
Read More
Producing Fair Results From An Unfair Process
Feinberg seeks fairness as he doles out BP’s $20 billion. The oversize fund leaves BP on the hook, while other parties have paid nothing.
Read More
Why Foreign Banks Will Shun American Business
Aggressive tax law is likely to make Americans unwelcome at many foreign banks. That’s bad news for expatriates and international business.
Read More
Desperate Times Produce Desperate Thinking
Harvard economist Ken Rogoff warned against using inflation to solve the debt problem, then changed his mind. He was right the first time.
Read More
Good Managers Admit Their Mistakes
Why don’t more companies acknowledge errors and fix them promptly? Because bosses are human, and we don’t like to admit our mistakes.
Read More
Understanding Investor Biases
Emotions and money each cloud judgment. Together, they create a perfect storm that threatens to wreak havoc on investors’ portfolios.
Read More
Capital Gains Planning Strategies
Capital gains tax rates are at historic lows, but they are in the political crosshairs. It’s a good idea to take advantage of planning strategies now.
Read More
Avoiding The Partnership Technical Termination Trap
Some families have been pleased about using partnership interests for wealth transfer during the recent market lows. Unfortunately, a few have been met with unwelcome surprises — five-figure bills penalizing the partnerships for filing late tax returns.
Read More
Thanks For Nothing: India’s $1 Billion Telecom Swindle
Qualcomm paid India $1 billion for thin air, and it didn’t even get that.
Read More