Archive for July, 2009

INVESTIGATION: Inside West Metro Builder’s Scheme (5 Eyewitness News St. Paul)

Written by Admin on Friday, July 31st, 2009 in Uncategorized.

His wife allegedly had her 401K cleaned out, and his grandmother started getting calls about a $275,000 loan in her name… More Investigative Stories

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Nigerian native living in Hackettstown draws prison in 401K theft scheme (The Express-Times)

Written by Admin on Friday, July 31st, 2009 in Uncategorized.

A Hackettstown man drew a 63-month federal prison sentence this week for his role in a scheme to steal retirement money from seven victims, Acting U.S. Attorney Ralph Marra said. Maxwell Owoeye, 24, a native of Nigeria, was ordered to…

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Video: Advice For Your 401k (CBS News)

Written by Admin on Friday, July 31st, 2009 in Uncategorized.

With the stock market up, there may be adjustments to be made in your investment portfolio. Jill Schlesinger, Moneywatch editor-at-large, shares advice with Maggie Rodriguez.

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Facing Your 401K Fears (CBS News)

Written by Admin on Friday, July 31st, 2009 in Uncategorized.

CBS MoneyWatch.Com’s Jill Schlesinger Shares How to Get Control of Your Portfolio, Start Saving More Effectively

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Seniors plead case for extending rent control in mobile home parks (Amador Ledger Dispatch)

Written by Admin on Friday, July 31st, 2009 in Uncategorized.

With pensions and 401k retirement plans across the country in serious trouble, many senior citizens are finding themselves in dire need of stability.

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Is it too late for the Microsoft-Yahoo Bing search deal? (Chicago Sun-Times)

Written by Admin on Thursday, July 30th, 2009 in Uncategorized.

Andy Ihnatko: The Bing-powered search deal between Microsoft and Yahoo! makes perfect sense for a lot of reasons. But when going to battle with Google, making sense may not be enough.

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BrightScope , a 401k ratings and analytics firm, today announced the launch of its Plan Management Dashboard, a new groundbreaking Web application for 401k decision makers at companies of every size, from small businesses to the Fortune 100.

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“The reality for the “Rest of Us” who contributes to a group retirement plan is that unless they have other money to invest, very few-if any financial advisors want to help them”. “Although most group retirement plans offer web based advice or (rarely) a quick consultation when you first enroll, most 401k and 403b investors feel confused, ill informed, uneducated and well…kind of paralyzed when …

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PIMCO’s Gross blasts own industry for high fees (Washington Post)

Written by Admin on Thursday, July 30th, 2009 in Uncategorized.

NEW YORK (Reuters) - Bill Gross, the influential manager who runs top bond fund PIMCO, on Wednesday lambasted his industry for charging investors hefty fees for subpar performance amidst the worst economic crisis since the Great Depression.

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INVESTIGATION: Look Inside West Metro Builder’s Scheme (5 Eyewitness News St. Paul)

Written by Admin on Thursday, July 30th, 2009 in Uncategorized.

His wife allegedly had her 401K cleaned out, and his grandmother started getting calls about a $275,000 loan in her name… More Investigative Stories

More: continued here



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