The bestselling book “Freakonomics” chronicles the search for the hidden incentives behind all sorts of behavior. It characterizes the field of economics as the study of incentives – how people get what they want, or need, especially when other people want or need the same thing. “Freakonomics” gives entertaining examples of how odd results can [...]
Category Archives: Malfeasance And Fraud
Is Obama’s New “Big Brother” Big Enough? — Protecting Your Retirement Dollars
Thursday, August 5, 2010
Whether a reference to George Orwell’s authoritarian character from Nineteen Eighty-Four, or a more affectionate reference to an older, more experienced sibling who is looking out for your interests, some form of the Big Brother spirit is at work in the current financial reform laws. In a passionate attempt to protect the individual investor from [...]
Does the Candyman Have You Hooked? — Consider Discharging Your Investment Adviser
Saturday, July 31, 2010
For some, The Candy Man is a fun ditty from the 1971 movie “Willie Wonka and The Chocolate Factory.” The phrase, however, has its origins in a much more sinister past. As stated in the May 1976 article of the Oxford Journal, the etymological origins of the term “candyman” are rooted in a historic [...]
Get Wall Street Out of Your Pocketbook by Removing the Intermediaries
Monday, May 10, 2010
Just when we thought we were through hearing about the Wall Street hooligans and their criminal vices our “untouchable” friends at Goldman Sachs made the news twice. The Wall Street Journal revealed that the SEC has found criminal doings at Goldman. With one hand secretly cramming worthless mortgaged backed securities into their valued clients accounts, the [...]
Behind Closed Doors – The Untold Story About Diversification
Monday, March 8, 2010
Have you ever been a part of one of those trusted conversations where you become privy to information that is so powerful it would disrupt the status quo?
Think of the conversations that occur behind closed doors at the White House, corporate boardrooms or U.S. Central Command. We all understand that there are elements of those [...]
‘24′ Star Kiefer Sutherland Blows Up His Retirement Portfolio
Friday, February 5, 2010
The news about retirement portfolio investing this week has been a little light, so we start with the lighter side. Kiefer Sutherland’s misfortune is not funny, but we’ve watched our hero in “24″ defy the odds of multiple life and death situations. So it’s ironic that in real life, he too fell victim to an [...]
