The moves reflect Mr. Obama’s desire to have the money available shortly after he takes office Jan. 20, Tommy Vietor, spokesman for the office of the President-elect, said in an interview yesterday.
The bear market and recession that began late in 2007 are perhaps barely half over, but it isn't too soon for financial planners and investment advisers to begin preparing clients for the aftermath of government efforts to halt the crisis.
Charles Schwab has enhanced its StreetSmart Pro trading software and CheckFree Advantage Fee offers a local language feature.
Here are three important portfolio survival lessons retired investors and their advisers can learn from Wall Street’s failures.
Arguing that Bernard L. Madoff is a “danger to the community,” prosecutors recommended that he be held in jail pending his trial.
President-elect Barack Obama asked Congress to pass his proposed $1 trillion American Recovery and Reinvestment Plan quickly.
The leaders of three financial planning organizations have formed a coalition to represent the industry as Congress works to reform the financial services industry.
Just 10 days before his arrest, Bernard Madoff received $250 million from a financial backer in an apparent bid to prevent the collapse of his firm.