Bernie Madoff received 150 year prison sentence yesterday, and with good behavior he could be out before his 200th birthday!
He was told by the judge that he had committed an “extraordinarily evil” and shook the confidence of the legal and financial system.
I thought, OK great, but this just better not be it! What about his wife? His brother? His sons? Other key employees involved? And most of all when will there be an apology by the SEC?
There is... Continue Reading
Submitted ByThicken My Wallet
At the end of 2010, the temporary 15% tax rate on dividend income is set to expiry in the United States, barring a further extension by the Obama administration. An end of this tax cut would return the dividend tax to its pre-2003 rate of 35%. What effect, if any, did the initial 20% cut [...
Submitted ByBob OBrien
Bernie Madoff received 150 year prison sentence yesterday, and with good behavior he could be out before his 200th birthday!
He was told by the judge that he had committed an “extraordinarily evil” and shook the confidence of the legal and financial system...
Submitted ByThicken My Wallet
Men’s Health has an excellent article on negotiating the best deal for a wide variety of goods. One of the broader lessons in the article is that good negotiation requires both sides to feel some pain whether its buying food in bulk with a short shelf life or spending 45 minutes chatting up a...
Submitted ByThicken My Wallet
I am honored to have been included in the annual Globe and Mail’s Best Money Blogs. Special thanks to Canadian Capitalist for nominating me. If you are a first time visitor, please feel free to check out the blog and, if you enjoy the content, please subscribe to my feed.
I am pleased to start a...
Submitted ByBob OBrien
This stock market has really been historical over the last 12 months. 2009 in and of itself has been quite a ride, but where does this leave us? The market has been stabilizing and trading in a range for two months. There may be a big move to the upside this Fall out in front of...
Submitted ByTushar Mathur
You can't control the markets, but you can control investing costs
As 2008 proved, the financial markets are prone to unpredictable periods of turbulence. That can make investing feel a bit like a roller-coaster ride. The disappointing results that many mutual funds posted in 2008 and at the outset...
Submitted ByThicken My Wallet
I have been asked several times in the last six to nine months about investing in some down and out company (Citigroup, GM, Nortel) on the thinking of “what’s the worst thing that happens? I lose a few pennies/dollars a share. If the company turns around, I can double or triple my...
Submitted ByThicken My Wallet
Ever consider buying a house with a friend to flip? Starting a hobby or full-time business with a colleague? Co-coaching a children’s sports team with a neighbor? We often are presented with opportunities to partner with someone whether it be a formal business venture or something a little more...
Submitted ByBob OBrien
With the Fed in meetings the next two days, and fears of heavier inflation much greater than ever before, Bernanke and company find themselves in a very difficult spot and will have to tip toe around inflation fears and focus on their bigger fears of deflation.
...
Submitted By 
Submitted By 
's
