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...ball is now in TD Ameritrade's court, a firm that has been gaining market share in recent years, with its flat $9.99 fee. In 2009, TD Ameritrade's daily average revenue [producing] trades rose 17% while Schwab's fell 2%, said Michael Hecht, an analyst at JMP Securities, in a recent note. "We were the one shop that had simple, straightforward, transparent pricing - one price point for all clients and there's no gimmick to it," says Tomczyk. "Clients don't like it when think they have one price and wind up getting nickeled and dimed to death...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

...there. Angry Bear, an economics blog, backs the idea that those who can’t, teach, lamenting that Professor N. Gregory Mankiw (“author of the textbook that corrupts more Econ 101 people than any other”) and Harvard Business School Professor Michael C. Jensen were excluded from the list...

Author: By Michelle B. Timmerman, CRIMSON STAFF WRITER | Title: Summers and Mankiw Blew Up The Economy? | 2/16/2010 | See Source »

...goal was to use the high energy at Harvard about helping Haiti and show students how they can get involved in long-term projects,” said SAGHAH Board speaker Michael B. Hadley...

Author: By Meredith C. Baker, CRIMSON STAFF WRITER | Title: Haiti Benefit Concert Raises $37,000 | 2/16/2010 | See Source »

...Amen to Michael Pollan on the affordability of good food, in "10 Questions" [Feb. 1]. When my husband and I went low fat, high fiber and organic, our food bill doubled. By shopping at local farmers' markets we reduced the cost somewhat, but if we had children to feed, we could not afford...

Author: /time Magazine | Title: Inbox | 2/15/2010 | See Source »

...about-face, President Obama abandoned his plan to try Khalid Sheikh Mohammed and four other alleged 9/11 plotters in a lower Manhattan civilian court, days after New York City Mayor Michael Bloomberg rescinded his support. The trials, which could last years, would have cost as much as $1 billion in security in the city's financial district. The Justice Department is now considering other locations, such as military bases and prison complexes. Meanwhile, several U.S. Senators announced Feb. 2 that they would move to cut off funding for the federal trials unless the Obama Administration tries the suspects in military...

Author: /time Magazine | Title: The World | 2/15/2010 | See Source »

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