I just came across a very interesting tidbit at IndexUniverse.com via Pensions&Investments Online concerning a class-action lawsuit against Wal-Mart for failing to offer low cost mutual funds in their 401k plan.
According to a post on LawyersandSettlements.com,
A class action lawsuit filed in late March alleges that Wal-Mart, the giant discount retailer, violated mutual fund ERISA […]
Category Archives: Financial
Wal-Mart 401(k) Lawsuit
Drug Patent Expirations
The next few years are expected to be very kind to the generic drug industry and hard to swallow for brand pharmaceutical firms. Here’s is a list of brand pharmaceuticals (pdf) that will lose their patents from 2008 through 2009, courtesy of Drug Topics Magazine.
Eliot Spitzer’s Legacy
I was reading “When Karma Calls” over at PIonline and the found the attitude that some on Wall Street still have towards Eliot Spitzer a little hard to digest.
Instead of holding themselves responsible for their own misdeeds, many on Wall Street still blame Eliot Spitzer for their own, or their associates, demise. What does that […]
Financial Regulation Overhaul
Am I the only financial blogger out there who thinks that President Bush’s financial regulation overhaul plan is insane?
Keep in mind that, only about six months or so ago, the President and his yes-men were saying that the economy was in excellent shape and that we shouldn’t be concerned. Now, in just six months time, […]
Due Diligence Example
Here’s an example of why it’s important to conduct your own due diligence and make your own investments decisions:
BEFORE:
http://www.youtube.com/watch?v=gUkbdjetlY8
AFTER:
http://www.youtube.com/watch?v=i0Y2_LS5mHQ
It’s your money, manage it wisely.
Has The Dollar Reached Bottom?
It’s been rumored that the Fed has reached a point were they won’t be lower rates again. “Talk” is that the quick response of the Federal Reserve to lower rates has already done it’s job to stimulate the economy. Now “talk” is focusing on the concern not to lower rates so far as to […]