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Money & Markets – Week of 11.09.14
Inflation Chronicles, Part 1: Art Prices so High, “The Crowd Forgot To Clap”
Pensions &>Dollar Collapse | 13 November 2014
Super-rich who are converting it into…
State Pension Funds’ Co…
Rockefellers to Switch Investments to ‘Clean Energy’
By BBC News
The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50bn (£31bn) in fossil fuel assets.
The announcement was made on Monday,…
American Airlines’ DB Plans Up In Air After Bankruptcy Filing
By Barry B. Burr
AMR Corp.’s filing for Chapter 11 bankruptcy protection leaves the future uncertain for American Airlines’ defined benefit pension plans, which have a combined $8.3 billion in asse…
Quote du Jour
The most fundamental, essential element, without which any community would fail, boils down to interpersonal skills. The glue that holds any group together is the ability to put aside your own persona…
The Volcker Rule has Been Approved
***CAF Note:The Volcker Rule has been approved. Here is the press release, draft regulation and fact sheet***
By Board of Governors of the Federal Reserve System
Five federal agencies on Tuesday iss…
Stock Market Concentration
by Lauren Schenkman
A recent analysis of the 2007 financial markets of 48 countries has revealed that the world’s finances are in the hands of just a few mutual funds, banks, and corporations. This…