Taking the lead in mortgage reform, Jamie Dimon, CEO of JPMorgan Chase, the second largest bank in the country, says the current mortgage situation is a “mess.” JPMorgan Chase owns billions in troubled mortgages, a result of its acquisition of Washington Mutual. Nevertheless, Dimon is calling for a major top-to-bottom overhaul of the U.S. mortgage [...]

The U.S. Dollar has had quite a ride during the last two years.  The 2008 Crisis has caused huge waves of volatility to move through financial markets, and the foreign-exchange market in particular.  In this article we will examine the role of the U.S. Dollar in the global economy, and by examining how it has [...]

Dave Carpenter wrote an article distributed by the Associated Press about “Steering clear of investment fraud.” He’s got a great explanation of a Ponzi scheme, the scheme that Madoff was running where he bilked investors out of an estimated $50 billion. Mr. Carpenter explains the most reliable credentials for investment advisers, CFP (Certified Financial Planner), [...]

Former NASDAQ Chairman, Bernard Madoff has allegedly been running a Wall Street ponzi scheme of epic proportions, bilking investors out of an estimated $50 billion. Madoff is the founder of Bernard L. Madoff Investment Securities LLC and separately managed money for high-net-worth individuals and hedge funds through an investment advisory business he oversaw. Madoff was [...]