Posts filed as “Blogposts”

Message to insurers: forget pit bulls, get tough on guns

Dogs might bite, guns might kill – yet insurers are tougher on dog owners when it comes to homeowners' insurance

When employees of American Family Insurance discovered earlier this year that Susie Salazar of Greeley, Colorado owned a pit bull, they did what company rules dictated: they cancelled her homeowner's policy. After all, they had done the same thing last year to Nebraska sheriff's deputy Andy Woodward, after they found out...Read more.

Message to insurers: forget pit bulls, get tough on guns

Dogs might bite, guns might kill – yet insurers are tougher on dog owners when it comes to homeowners' insurance

When employees of American Family Insurance discovered earlier this year that Susie Salazar of Greeley, Colorado owned a pit bull, they did what company rules dictated: they cancelled her homeowner's policy. After all, they had done the same thing last year to Nebraska sheriff's deputy Andy Woodward, after they found out...Read more.

Whose side is your financial adviser on, anyway? | Helaine Olen

Not everyone who gives financial advice in the US has a duty to actually help those who have no sense of their financial best interests

Does your financial adviser have a legal duty to give advice that's in your best interests? The chances are that you think the answer to this question is "yes."

Chances are, you're wrong.

Not everyone who gives you financial advice has a duty to actually help you. The...Read more.

Whose side is your financial adviser on, anyway? | Helaine Olen

Not everyone who gives financial advice in the US has a duty to actually help those who have no sense of their financial best interests

Does your financial adviser have a legal duty to give advice that's in your best interests? The chances are that you think the answer to this question is "yes."

Chances are, you're wrong.

Not everyone who gives you financial advice has a duty to actually help you. The...Read more.

Want to fix the US student loan crisis? Put colleges on the hook

Some colleges have higher default rates than graduation rates, proof that we should evaluate institutions' risk as well

The question of student loans is taking on an increasing urgency everywhere but Washington.

Rates on federally subsidized loans doubled to almost 7% on July 1, thanks to Congressional bickering and dithering. The latest attempt to roll back the rates failed to get out of the Senate earlier this week, when sponsoring...Read more.

Want to fix the US student loan crisis? Put colleges on the hook

Some colleges have higher default rates than graduation rates, proof that we should evaluate institutions' risk as well

The question of student loans is taking on an increasing urgency everywhere but Washington.

Rates on federally subsidized loans doubled to almost 7% on July 1, thanks to Congressional bickering and dithering. The latest attempt to roll back the rates failed to get out of the Senate earlier this week, when sponsoring...Read more.

CEOs and the rest of us: a tale of two economies

CEOs earn 273 times more than their employees – a pay disparity which is having an increasingly corrosive effect

Congratulations CEOs! You've been having a great time of it. Salaries are up, and up in a major way. The Economic Policy Institute says you brought home an average $14.1m in 2012. The New York Times, looking at slightly different numbers, claims the news is even better, saying the median...Read more.

CEOs and the rest of us: a tale of two economies

CEOs earn 273 times more than their employees – a pay disparity which is having an increasingly corrosive effect

Congratulations CEOs! You've been having a great time of it. Salaries are up, and up in a major way. The Economic Policy Institute says you brought home an average $14.1m in 2012. The New York Times, looking at slightly different numbers, claims the news is even better, saying the median...Read more.

What caused the subprime mortgage crisis? Not our math skills

A paper published this week claims that the less competent at math, the more likely one is to default on mortgage in 2006-2007

There's a new culprit to blame for the subprime mortgage crisis.

Math – specifically, our lack of ability in it.

This news comes courtesy of a paper published earlier this week in the Proceedings of the National Academy of Sciences. A group of researchers determined that the less competent...Read more.

What caused the subprime mortgage crisis? Not our math skills

A paper published this week claims that the less competent at math, the more likely one is to default on mortgage in 2006-2007

There's a new culprit to blame for the subprime mortgage crisis.

Math – specifically, our lack of ability in it.

This news comes courtesy of a paper published earlier this week in the Proceedings of the National Academy of Sciences. A group of researchers determined that the less competent...Read more.