 The Wild Wild World of Wealth |  |
I’m here editing The Gods of Greenwich and thinking about 2008, which is the year my story takes place. So in the current theme of light summer reading on Acrimoney, here is a snippet from Chapter Thirty-Five. The paragraph is based on something that really happened the day Lehman Brothers failed, September 15, 2008.
What is asset protection? As a stockbroker, I warned clients about “predators and creditors.” Let’s face it. We live in a litigious world. Get in a car wreck, and your assets may be attacked. Homes. Family businesses. Savings. And predators aren’t restricted to collisions on the highway. There’s always the altar. Is asset protection some [...]
October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.
—Mark Twain
Hint: Mary Schapiro chairs the SEC. FINRA, where she was the boss before taking her current job, reports to her. Now there are allegations of bad behavior during her reign at FINRA. The SEC is the right organization to investigate, but Schapiro would be investigating herself.
I feel great. I never sleep like this. All warm and toasty and swaddled in goose down. Wow. What’s better than sleeping late? I may never get out of bed. What time is it? Nine thirty. I bet it snowed last night. Probably need to shovel the driveway. No way. I’m going back to sleep. [...]
Aetna reinstates customer who made $64 error I haven’t followed the pending health care legislation. Not closely anyway. But from personal experience, I know something needs to give. Health care is broken: pre-existing conditions, reliance on employers, incomprehensible coverage. You know what I’m saying. Here’s a horror story I just read. According to The Los [...]
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