Around Valentine’s Day three years ago, holders of auction rate securities fell completely out of love with the debt instruments, causing a market freeze and a slew of lawsuits against the banks with claims of misrepresentation. The fallout continues.
Elizabeth Vale, who has been the executive director of the White House Business Council, was named the assistant director for community banks and credit unions of the new Bureau of Consumer Protection.
Some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own are giving the cold shoulder to some financial service firms hawking their wares.
Financial service firms hawking their wares are getting the cold shoulder from some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own, a new study revealed.