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| Survey: Blacks save much less in retirement plans
(AP)
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| AP - In the midst of historic volatility on Wall Street there is a continuing trend of blacks saving and investing less than whites, according to a survey released Wednesday. The difference is attributed to various social and cultural reasons such as getting less exposure to personal finance concepts and advice. -- read full article |
| Wed, 15 Oct 2008 04:27:35 GMT - Yahoo! News: Personal Finance News |
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| Spain's Banco Santander buying rest of Sovereign
(AP)
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| AP - Spain's Banco Santander SA is taking its New World expansion northward. Already with a major presence in Latin America, the Madrid-based bank on Monday said it is buying the three-quarters stake in Philadelphia-based thrift Sovereign Bancorp Inc. that it doesn't already own for $1.9 billion.
-- read full article |
| Tue, 14 Oct 2008 04:38:24 GMT - Yahoo! News: Personal Finance News |
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| They Warned Us About the Mortgage Crisis
(BusinessWeek Online)
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| BusinessWeek Online - More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic view of the capital, the AGs from North Carolina and Iowa said lenders were pushing increasingly risky mortgages. Their host, John D. Hawke Jr., expressed skepticism. -- read full article |
| Mon, 13 Oct 2008 12:08:42 GMT - Yahoo! News: Personal Finance News |
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| They Warned Us About the Mortgage Crisis
(BusinessWeek Online)
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| BusinessWeek Online - More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic view of the capital, the AGs from North Carolina and Iowa said lenders were pushing increasingly risky mortgages. Their host, John D. Hawke Jr., expressed skepticism. -- read full article |
| Fri, 10 Oct 2008 12:08:42 GMT - Yahoo! News: Personal Finance News |
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| McCain again raises Obama's ties with 1970s radical
(Reuters)
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| Reuters - Down in opinion polls, Republican presidential nominee John McCain pressed his effort to raise doubts about Barack Obama's character on Thursday with a fresh attack on his Democratic rival's contacts with a former left-wing radical who became a college professor.
-- read full article |
| Thu, 09 Oct 2008 22:18:07 GMT - Yahoo! News: Personal Finance News |
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| The Fed, the Crisis, and Your Portfolio
(BusinessWeek Online)
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| BusinessWeek Online - Financial advisers are usually an unflappable bunch. When the markets are wild, investors turn to their financial planners for calm, consistent advice: Stick to the plan, think long term, don't do anything rash. Advisers have studied their history and know that markets go up, down, and sideways; proper investing requires patience. -- read full article |
| Thu, 09 Oct 2008 12:08:42 GMT - Yahoo! News: Personal Finance News |
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