Money Management

Report Details 10 States Facing Looming Budget Disasters

By by| AP| Politics

… services. California leads the most vulnerable states identified by the report, which describes it as having poor money - management practices. Since February, California has made nearly $60 billion in budget adjustments in the form of cuts to …

Story|11/11/2009

Problems Managing Money May Foreshadow Alzheimer's Disease

Health

… 22, 2009 Problems with basic money management may serve as a sign that an older ..... s generally showed poorer money management skills from the beginning, compared ..... they are having problems with money management . He suggested that families …

Story|09/22/2009

Trustee seeks $150 million `clawback'

By LARRY NEUMEISTER| AP| Business

… banking business and investment activities in New York, including soliciting investors and conducting trading and money management activities. Besides demanding the immediate return of the money, the lawsuit also said Picard is entitled to an …

Story|04/09/2009

Allowance 101: How to make your kids money savvy

Business

… children. Once a casual weekly payment, allowance for many families has evolved into a more structured lesson in money management . Children today might be expected to map out budgets or track spending in exchange for weekly payments as they get …

Story|04/01/2009

Madoffs were worth more than $823M, documents show

By LARRY NEUMEISTER| AP| Business

… Besides the family, investors have questioned the role of Frank DiPascali, chief financial officer of Madoff's money management business. A lawyer for DiPascali declined to comment on Friday. Lawyers for the brother and sons did not immediately …

Story|03/14/2009

Bank stocks carry Wall Street to another gain

By MADLEN READ| AP| Business

… the worst shape out there is able to post a profit for a couple months," said Keith Davis, a bank analyst at the money management firm Farr, Miller & Washington. "People are seeing a little bit of light at the end of the tunnel." But there …

Story|03/12/2009

Battered stocks put 'blue-chip' label in doubt

Business

… one and whether it's going up, sideways or down," said Bill Staton, chairman of Staton Financial Advisors, a money management firm in Charlotte, N.C. Numerous blue-chip companies, such as Pfizer Inc., JPMorgan Chase & Co. and Dow …

Story|03/10/2009

Weak health care stocks drag Wall Street lower

By TIM PARADIS| AP| Business

… recent weeks after other financial rescue plans were announced, said Rob Lutts, chief investment officer at Cabot Money Management Inc. in Salem, Mass. "You get a little bit of a positive reaction and then people look at the reality of it and …

Story|02/26/2009

Crisis leaves rare flaws in Goldman's reputation

By RACHEL BECK| AP| Business

… to believe it's a little bit of both," said Janet Hanson, a 14-year Goldman veteran who went on to found a money management firm and the global women's networking group 85 Broads. Teamwork, integrity, accountability and collegiality …

Story|02/16/2009

Putnam Investments to cut 260 jobs

Business

… or about 10 percent of its work force, as its money management fees decline along with the markets. The cuts ..... Carney said. Asset managers like Putnam rely on money management fees for much of their profits. The fees are based …

Story|02/11/2009