Stay updated with breaking news from Sandy wile. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there are investments. your i.r.a., your 401(k), your pensions. they re a second road to prosperity. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal wealth that shows signs of some brightness. home prices may have hit bottom and are finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest rates are at historic lows. but that s little consolation to scores of homeowners who have seen the value of their homes on average shrink by a quarter since the beginning of th ....
You ve probably heard the name sanford wile or sandy wile. he s to wall street bankers say to what jerry seinfeld is to sitcoms. if you don t pay much attention, he s the one you have probably heard of. he used to run citibank. he got real ark really, really rich doing it. today on cnbc, he said that the united states government should break up the big banks. you know, the big banks like citi which he ran. imagine jerry seinfeld saying there should be no more primetime sitcoms or tony bennett saying there should be no more crooning. that leads us into the ezra klein challenge where i try to explain complicated stuff especially in the economy that seems at first chance a little ....