Financial » financialsurfer.com
Negotiating the management of your parents’ bank account might be even tougher than taking away their car keys. But ignoring the problem—even if you’re respecting your parents’ wishes—can mean that bills don’t get paid, or they get paid twice and the checks bounce. Even worse, your parents could ...Read More
German Chancellor Angela Merkel has said Greece does not need financial aid after talks with Prime Minister George Papandreou in Berlin. She said Greece has not asked for financial support and that the stability of the eurozone is ‘assured’. Athens saw its most serious unrest since the financial ...Read More
David Wessel writes: Understanding what caused the recent financial crisis is essential to successfully refining the practice of finance to reduce the odds of repeating it. So the Financial Crisis Inquiry Commission on Friday and Saturday heard several academic economists’ take on what led to a near meltdown ...Read More
Senate Banking Committee Chairman Christopher Dodd (D., Conn.) and Sen. Bob Corker (R., Tenn.) met for roughly an hour Wednesday evening with Treasury Secretary Timothy Geithner to discuss the financial regulatory overhaul in Mr. Dodd’s Capitol Hill office. Talks are intensifying as Messrs. Dodd and Corker try to ...Read More
By ROBIN SIDEL A new federal credit-card law that takes effect Monday could erase billions of dollars a year in fees and interest charges paid by consumers. But card issuers are already deploying new tactics that could prove costly for even the most cautious cardholder. The law made ...Read More

PG&E Hikes Dividend

February 21st, 2010 | Category: Economy
This morning, PG&E declared its quarterly dividend of 45.5 cents per share, an increase of about 8% over its prior dividend. Based on the current stock price, investors can expect a yield of about 4% going forward.Shares of PG&E ( PCG - news - people ) finished the ...Read More

Wrap Account Rip-Off?

February 9th, 2010 | Category: Personal Finance
Has your brokerage firm ever offered you a wrap? No, they’re not trying to feed you a sandwich. A wrap is a type of investment account in which you’re charged a flat percentage of your assets (usually between 1% and 3%) in return for unlimited trading. It’s a ...Read More
For many investors, the market’s turbulence hasn’t just destroyed wealth. It has shattered their faith in the financial system itself. Consider Philip Eberlin, 56 years old, who runs a woodwork-restoration business in Chicago Heights, Ill. Trading hot stocks a decade ago, Mr. Eberlin got burned on picks like ...Read More
David Wessel, The Wall Street Journal’ economics editor and author of “In Fed We Trust: Ben Bernanke’s War on the Great Panic,” recently finished “ On the Brink ,” the new book by former Treasury Secretary Henry Paulson , which covers much of the same time period from ...Read More

Euro MPs shun data deal with US

February 5th, 2010 | Category: Economy
A key committee of Euro MPs has moved to block the renewal of an agreement which allows US anti-terror officials to access Europeans’ bank data. The European Parliament’s civil liberties committee recommended that the full parliament reject the interim nine-month deal between the EU and US. MEPs said ...Read More