I get under the hood of quite a few 401(k) plans as a financial advisor and I rarely love what I see. Of all of the areas of financial services in desperate need of disruption, the retirement plan business is probably the most pressing; it’s a mess and a costly one at that. When I…
Shorting Ballmer Has Been a Great Trade for Bill Gates
Here’s Julie Bort at Business Insider: After giving away $28 billion, Bill Gates is no longer the third-richest man in the world. He’s the second-richest. You read that right. Despite his considerable, praiseworthy charity work, the Microsoft cofounder is getting wealthier. In 2012, he wound up $7 billion ahead with a net worth of $63.4 billion,…
after the cliff
Cartoon.
Saturday Night Video: The Breeders are Back!
Video.
quite a retirement plan…
cartoon.
Tom Wolfe Returns to Castrate Wall Street
“Think of risking a total of close to two thirds of a billion dollars to make $2.5 million! Sheer madness.”
I can’t even…
So this happened today… Source: CNBC
Dogbert Becomes a News Blogger
Cartoon.
The Rearview Mirror Game
Oops!
Chart o’ the Day: December Payrolls by Industry
Chart