THURS, AUG 10th, 2018
WED, JUNE 27th, 2018
MON, MAY 14th, 2018
Reactions to headlines like Wells Fargo to Pay $1 Billion to Settle Lending-Abuse Claims barely register on the Richter scale. For decades firms in the financial services industry have agreed to pay large settlements to federal regulators and then simply continue with business as usual.
A recent article in The Economist entitled Regulatory Settlements Raise Questions about America’s Financial Markets focused on the multi-billion dollar settlements paid by Credit Suisse and Deutsche Bank among others to direct attention to how Wall Street is rife with conflicts of interest. The Economist expressed deep concern with how settlements end up sweeping bad behavior under the rug. Misalignment of interests continues to cost consumers billions of dollars and clients rarely have any idea that their financial firm generates profits by defrauding them.
MON, MAY 7th, 2018
As we take a deep breath after filing our 2017 taxes and begin to look forward to warmer temperatures and Spring flowers, we should take a few minutes to focus on setting ourselves up for tax success in 2018.
MON, APR 23rd, 2018
For the fourteenth year in a row April has been designated financial literacy month, a time when proclamations are issued, online self-help quizzes and tools are highlighted and we are encouraged to become more literate about our personal financial situations.