As Congress contemplates how to sculpt the next phase of regulations to prevent overaggressive or unethical conduct in the financial world, we need to ask a basic question. Can the regulators ever keep up? It is my feeling that whereas of course well-crafted regulations administered by nimble regulators can make a difference, they can never
Last night I watched the Olympics on TV. And I saw U.S. downhill skier Bode Miller win a gold medal. I had some faint recollection of Miller from the 2006 Olympics. I did some homework: although he entered those Olympics as America's great male hope, he had a very poor week: no medals, two DNF's (did not finish) and one disqualification.
After 42 years of futility, after one of the worst natural disasters in U.S. history, and just a few years after fans wore bags on their heads, the New Orleans Saints are today the best team in football. To me, the story is a metaphor for the principle of never giving up on your dream. Somewhere in our hearts we all harbor a serious
A very good friend of mine is out of work. He has been seeking a job for about 5 months (note: I am writing this blog entry with his permission). The process, as you might expect, is difficult, sometimes humiliating and frustrating. And yet, my friend "soldiers on" treating his job search as a business to which he devotes 5 or 6 10-hour
If you are the parent or uncle or aunt or friend of a young adult -- meaning anyone 18-20 -- who will be attending college this fall, you should strongly suggest they get a credit card. Why this advice which flies in the face of the current anti-credit card groundswell? 1. The new credit card law, The Credit Card Accountability Responsibility
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