Word: financeseated
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“The University’s finances and endowment have fared well in a relative sense over this period,” Summers said.
The erosion of guaranteed benefits is a big reason that boomers will have to work longer, and, says Robert Henrikson, Metlife's president of institutional business, it's a major factor in retirees' growing angst over their finances. A Metlife study found a high correlation between retirees satisfied with their...
For those who lost big in the bear market, it's time to rethink everything, says Ginger Applegarth, president of Applegarth Advisory Group in Winchester, Mass. "If you are retired, it might mean you have to sell the vacation home or go back to work or try to start a...
The U.S. recently received its first direct oil shipment from Russia, thanks in part to Khodorkovsky, CEO of Yukos, the nation's second largest oil company. Yukos has operated for years in Europe but wants to expand its reach. At 39, Khodorkovsky has amassed a $7 billion fortune and a...
Job de Jonge thought he had the guts for this game. A 53-year-old psychiatrist from Amstelveen, the Netherlands, he started investing in stocks in the waning days of the bull market in 2000. "I even started placing puts and calls for a while," he says, referring to sophisticated...