A ruling by a judge, who in one case said Edison International did ‘substantial’ harm to employees by not negotiating lower fees from the firm running the 401(k) plan, may bolster other lawsuits. By Walter Hamilton, Los Angeles Times – July 29, 2010 For decades, high fees have quietly but steadily eaten away at the [...]

Survivors given checkbook accounts, while carriers retain the assets in their corporate accounts; ‘turning death claims into a profit center’ By Bloomberg News July 28, 2010 The package arrived at Cindy Lohman’s home in Great Mills, Maryland, just two weeks after she learned that her son, Ryan, a 24-year-old Army sergeant, had been killed by [...]

Average Joe smacked by contango, pre-rolling, and Wall Street sharpies; profiting off ‘the dumb money’ The following article from Investor’s News is an eye opener. It is so easy to think investing is easy – think again. And, enjoy reading this article and take heed. Like so many investors in the spring of 2009, Gordon [...]