Earn What You Spend

The fallout from the largest investor fraud in our history is just beginning.  Bernard Madoff created an unbelievably massive ponzi scheme, and it’s looking like all that money is lost.  Madoff had such a strong following that his investors often forsook even the most basic financial advice of diversification: “Richard Spring, a Boca Raton resident and former [...]

An interesting proposal for President-elect Obama to go ahead with his promised repeal of Bush’s tax cuts.  I’m not sure where I net out on this one, if only because of the psychological damage raising taxes could do in a time like this.
Is it finally time to buy a house?  Living in New York City, [...]

His book, In An Uncertain World, is one of my favorites - but Robert Rubin is certainly coming under fire these days for his leadership, or lack thereof, at Citi. 
The tentacles of the American auto industry are far-reaching, and car dealerships across America are some of those on the brink of devastation. 
Gregory Mankiw has an excellent [...]