Thursday, December 30, 2010
U.S. Companies Saving Billions Using Tax Schemes With Names Like 'The Deadly D'
 | U.S. Companies Saving Billions Using Tax Schemes With Names Like 'The Deadly D' | |
What nobody's saying publicly is that U.S. multinationals are already finding legal ways to avoid that tax. Over the years, they've brought cash home, tax-free,... | ||
As First Boomers Retire, Many Facing Personal Finance Disasters
 | As First Boomers Retire, Many Facing Personal Finance Disasters | |
| Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire.... | ||
Monday, December 13, 2010
A Secretive Banking Elite Rules Trading in Derivatives
On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.
Read more: http://www.nytimes.com/2010/12/12/business/12advantage.html?pagewanted=1&_r=2
The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.
Read more: http://www.nytimes.com/2010/12/12/business/12advantage.html?pagewanted=1&_r=2
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