dkrossi

Economic inequality is a famously complex phenomenon, but some parts of this trend are quite simple: Like how today’s rich are benefiting from a rare confluence of record high compensation and record low taxes. The most striking example can be found on Wall Street, where hedge fund managers have scored mind-boggling paydays — three of […]

One clear path to retirement security is to buy a home early in life and pay off it before you retire — at which point you can either live there at a pretty low cost or cash out and use the wealth to help cover living expenses in a cheaper place. But this path is […]

It’s well known that seniors are easy prey for scam artists of every kind. What is less well-known is how big this problem is and how many of the scam artists wear suits and work for major financial service firms. Seniors were major targets of mortgage brokers seeking to push homeowners into subprime loans and […]