When President Barack Obama this week unveiled his proposal for the most sweeping overhaul of U.S. financial regulations since the 1930s, he proposed the central bank oversee not just banks but “other large firms that pose a risk to the entire economy in the event of failure.”
BOSTON CAPITAL Penny stocks pillory companies By Steven Syre, Globe Columnist | March 6, 2009 Question: What could you get with a share of Citigroup Inc. yesterday? Answer: Change from your dollar. That was true on and off during the day, when shares of the financial giant changed hands for as little as 97 cents
It’s not easy peddling financial advice when people are queasy about opening their quarterly retirement account statements.
But Fidelity Investments, seizing on what it views as an opportunity in uncertain times, will introduce a three-pronged financial guidance program in an effort to reassure wary investors buffeted by the turbulent economy, the company said yesterday.