Most people who have been haphazardly investing in mutual funds are already aware of this, but I am going to … Read More
ANNUITY SCAM
We have noticed a startling amount of malfeasance in regards to the use of variable annuities. More and more investors … Read More
SELL-OUT CONTINUED
The fines are not over for the big bad brokerage firms. Our country’s largest investment banks are now facing a … Read More
INDEPENDENT AND STUPID
Eliot Spitzer and his band of regulators required that the ten large cartel firms would have to fund some independent … Read More
THE BUDDY SYSTEM
We have been tracking the buddy club story for the past two years and have caught several firms in the … Read More
OF LIPSTICK AND PIGS
If there was an award for clever advertising for financial firms, Charles Schwab would be the hands down winner this … Read More
RETURN OF THE INDULGENCE
The concept of an indulgence is based on the medieval Catholic doctrine that states sinners must not only repent of … Read More
ENRON AND UBS FOLLOW UP
We broke a story back in October of 2001 about a broker named Chung Wu, formerly of the Houston office … Read More
MOST FAVORED NATION STATUS
Credit Suisse First Boston is a firm that has enjoyed the dubious honor of gracing the pages of our newsletter … Read More