Friday, July 31, 2015

Do you know these people you made really really rich from your savings?

Did any of these people increase your net worth?
You have increased theirs from your 401k, mutual funds and brokerage fees every year.
You put up the money, take all the risks and these middlemen take up to 63%:

Abigail Johnson, owner, Fidelity, net worth is $13 billions.
Stephen Schwarzman, Chairman, Blackstone $12 b
Steve Cohen, Point72 Asset Management, $11 b
John Paulson, Paulson & Co., $11 b
David Tepper, Appaloosa Management, $10 b
Ken Griffin, Citadel LLC, $7 b
Charles Schwab, Charles Schwab, $7 b
Edward Johnson, III, Fidelity, $7 b
Rupert Johnson, Jr., Franklin Resources, $6 b
George Roberts, KKR, $5 b
Henry Kravis, KKR, $5 b
Bruce Kovner, Caxton Associates LP, $5 b
Leon Black, Apollo Global Management, $5 b
Lloyd Blankfein, Goldman Sachs, $1 b
Jamie Dimon, JPMorgan Chase, $1 b

You don’t need to pay for it anymore: 

Even Harvard economists make mistakes with money—learn and move on
This “smart” person did not learn the fundamentals of the Buffett strategy so she made a couple of mistakes that cost her. Growing a nest egg takes TIME. It is hard to make up for TIME. And using an advisor does not always save you from timely errors. For example, she gave up her very low-cost well-run retirement account when she left one job and spent the money. Only TIME can cure money mistakes. As Buffett said, “My wealth has come from … compound interest.” And you only get compound interest if you leave your money alone to work. 

Which investment earns 11% over time?
It is also the one that Warren Buffett stipulates in his Last Will for his family. The average investor with an advisor earned just 3.79% while this simple non-advisor mutual fund earned 11% over time. Dalbar.com QAIB Advisors with 50% margins can take up to 63% of your nest egg over time. You time the market with your broker’s hot tip and they take HALF your earnings. Instead , this investment is diversified, controls taxes, has low fees, and does not require trading. This investment can be Tax-FREE when protected in our IRS tax haven.

How much are your investment fees taking from your total nest egg?
When you use an advisor and high cost mutual funds or stock trading, you are reducing the total amount you could have earned on your money. Studies show that even though we pay advisors to provide superior returns, they can not do that over time. Since they are paid to help us, we should balance that help with the cost. If we pay total costs of 2% of our account value every year, we may be giving up 63% of the possible accumulations we need in retirement. So if we invest $3,000 a year for 30 years, we earn $460,000 not $700,000. That is 9% vs market 11% as produced by the Vanguard Top Ten.

What is the most important determinant of investment success?
What makes a successful investment—GARP: growth at a reasonable price? GARP is what makes you rich. Yale’s brilliant endowment manager, David Swenson said, “Ultimately, a passive index fund managed by a not for-profit investment management organization represents the combination most likely to satisfy investor aspirations.”
This is becoming the norm but financial “professionals” cringe—cutting into their 50% profit margins hurts. There are only 3 not for profit mutual fund firms:  http://www.amazon.com/Pay-less-Get-more-investment/dp/1500598321


2016: America’s real reality TV show—but it is not fake?

GOP to use budget bill to kill American’s health coverage—last gasp?
After more than 50 votes in Congress and two attempts before the U.S. Supreme Court to mothball the ACA and public exchange marketplace, some Republicans are now seeing the budget reconciliation process as yet another avenue for achieving this long-time goal. 

Trump:  “Folks, will you please put me in first place [Iowa] so I feel better?” (He makes himself feel better by lying: Turns out his net worth is really about $3 b not $10 b)
Perry got Texas appeals court to dismiss one of two charges he used politics to force a Dem from office. Really!?
Perry says movie-goers should have shot back in LA. Really!?
Cruz calls GOP leader a liar. GOP gets upset. Really!?
Jeb is surprised by reaction to his comment to end Medicare as we know it. Really!?
GOP head McConnell wants to eliminate last control on election spending. Really!?
GOP got another (#17) president to be. Really?
            Christie Stalling Probe of Pension Fees Paid To Wall Street
NJ Pension Chief says Christie has blocked the probe and there is no independent auditor in NJ to disprove rumors that the fees went to election fund raisers. Christie’s office rejected repeated open records requests for documents that would show how it calculated the performance figures. Christie’s staff go on trial for “traffic problems” soon.

Hillary to answer Obama Justice probe on server emails. Really!?
Bernie got 100,000 supporters to attend 3,500 organizing meetings in all fifty states Wed.

A hoax or warning?
NASA’s former lead climate scientist, and 16 co-authors, many of whom are considered among the top in their fields—concludes that glaciers in Greenland and Antarctica will melt 10 times faster than previous consensus estimates, resulting in sea level rise of at least 10 feet in as little as 50 years. Florida goes on sale!

Is your car on the most UN-reliable car list?
It is good practice to always buy a used car—used luxury is a better value—more quality for the money. You also don’t end up as car company guinea pig like these turned out to be—most are gadget mistakes. Top of list—FIAT:  Jeep, 4VWs, Mini, S-Class, Q50, C-Max, Dart, Cruze, Escape, Silverado, CLA, Pathfinder, RS6, Fiesta, Fiat. There is a reason Fiat bought JeepChrysler.
Most reliable: 3 year-olds, that have owners’ approval by type: http://autos.jdpower.com/ratings/dependability.htm
And CR tested and got owner reviews:

Books of interest
Part memoir, THE PATER, by Eliott Jager, is also about theology, the meaning of life without children; and about father-son relationships. Eliott provides an intimate look at life from a perspective you have never experienced before—unless you are in his shoes. Great read—heartfelt and gripping—from the Lower East Side NYC to Israel

Tax-FREE savings hits stride
Roth IRA investors are younger than traditional IRA holders and more likely to start their savings with contributions rather than rollovers, according to new study. Roth investors tend to limit withdrawals even though they can take out contributions penalty/tax free. Younger workers may not need the immediate tax deduction since their incomes are lower. An IRA deductible $3,000 contribution is worth $400 in tax reduction where as, if invested in stocks for 35 years to retirement; it is worth $135,000 in tax-FREE income. This is the enormous power of compounding high earnings in a tax-FREE account and some young people see the value in a Roth over other accounts.


Who owns your account now?
StanCorp Financial Group to Meiji Yasuda Life Insurance
HCC Insurance Holdings to Tokio Marine Holdings
Protective Life to Dai-Ichi Life Insurance

Petition to send lion killer to Africa for trial, if US can find him before headhunters do


SCAMS           Can we afford to keep paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges! We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.
We are spending $8 million per HOUR on our wars in Iraq/Afgan

The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu kill. Iraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.

We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”

Are we preparing for WWII again? There are 1,208,083[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.
We just can’t afford to pay for everyone else’s defenses anymore.
Japan, Germany and S. Korea can pay to defend themselves.

We are now training Ukrainians in UkraineMission creep
Afghanistan started the same way—just training, and then guarding trainers, then supply trainers, then supply U.S.-built Stinger antiaircraft missile to the mujahideen, and eventually $200 million for fiscal year 1992 alone. $4 million/hour- $778 billions so far.

Can Fiat fix Jeeps that get hacked?
Fiat must offer to buy back more than 500,000 Ram pickup trucks and other vehicles. Steering fails without warning. Jeep gas tanks rupture on impact.

Regulators fine Paymap and LoanCare for deceiving consumers with advertisements for a mortgage payment program that promised tens of thousands of dollars in interest savings from more frequent mortgage payments. It’s just math—you save by paying extra principal each month—you can do it yourself without the fees.  

Regulators fined Residential Credit Solutions $1.5 million for blocking consumers’ attempts to save their homes from foreclosure. The mortgage servicer failed to honor modifications for loans transferred from other servicers, treated consumers as if they were in default when they weren’t, sent consumers escrow statements falsely claiming they were due a refund, and forced consumers to waive their rights in order to get a repayment plan.

Hackers use Twitter/photos to get into gov computers
Russian government-backed hackers who penetrated high-profile U.S. government and defense industry computers this year used a method combining Twitter with data hidden in seemingly benign photographs, according to experts studying the campaign.

IAN
41 Watchung Plaza, B242
Montclair, NJ 07042
973.746.2014
Alerts 

Friday, July 24, 2015

Our taxes support 965 large corporations NOT small business

Socialism for the rich?—Our taxes support 965 large corporations NOT small business
Most of the economic development dollars awarded and disclosed by state and local governments have gone to just 965 large corporations" -- not to the small businesses and startups that politicians so often pretend to care about. $110 billion -- or 75 percent of cumulative disclosed subsidy dollars -- are going to these 965 large companies. Fortune 500 firms alone receive more than 16,000 subsidies at a total cost of $63 billion. Additionally, eight out of the top 20 firms receiving U.S. taxpayer subsidies are not even U.S. companies, meaning American taxpayers are being forced to directly subsidize foreign firms.” Read http://www.goodjobsfirst.org/sites/default/files/docs/pdf/UncleSamsFavoriteCorporations_prrel.pdf
Why would right-wing “free market” activists like the Koch Brothers have to rely on $88 million worth of government subsidies (our taxes)?
We have been tricked! This is the new socialism: our government guarantees them extra profits.

This is how the wealthy avoid their taxes
They hire law firms that specialize in avoiding our tax system. The lawyers set up a “multigenerational trust that will avoid U.S. gift, estate and generation-skipping transfer taxes, avoiding repeated application of a 40% tax bite at each generational level for 1,000 years, or using a charitable trust that will provide an immediate income tax deduction equal to the size of the gift, while providing a sizable gift-tax-free remainder for children or other family members and achieving the client’s charitable goals. I look at both the client’s income and transfer tax exposures and attempt to optimize the overall tax savings. They also need to understand how “non-U.S. assets affect a client’s tax planning and be certain your U.S. solution does not create an offshore problem.”
Our “representatives” in Washington have provided all the tools the wealthy need. There are about 12,000 registered lobbyists so each “rep” has at least 25 to help make tax-avoidance laws.
You can’t afford the lawyers but you can afford your own IRS Tax-FREE account: http://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441


Which investments do you use to reach ANY money goal--car, home, college, business, retirement?
Use the Buffett strategy to reach your goals. My video 3 shows you which investments Buffett recommends to use given the amount you add monthly, the number of years and the average return on your investments. You can use a special TAX-FREE account to keep 25% more of your accumulations while being able to "borrow" from your account penalty and tax-FREE. https://www.youtube.com/watch?v=pUtd3B4jFXY

Would you rather have $250,000 today or $1,000 per month for the rest of your life?
Is a Lump-Sum pension buyout right for you?
This is the kind of deal many vested workers will by offered at work. More than HALF of workers take the deal but later regret it since they are not able to match the payout. Some are so bad to be banned. Most people can’t find the securities to safely withdraw $1,000 a month or don’t know how to make their money last forever. See your options: https://www.immediateannuities.com.
The other problem is inflation—$1,000 only buys $500 worth in 25 years. If your family’s longevity is short, take money now. If not, make an inventory of other sources to decide if you will have enough. Take the money as a rollover IRA to control taxes and use the Vanguard Top Ten for growth and income.   

Will you have enough money in retirement?—add $250,000 in 15 years
This video shows you how much you will have in the future given the amount you add monthly, the number of years, and the average return on your investments. You estimate your Social Security benefits and add your current accumulation at work or IRA. The answer is translated into the inflation-adjusted amount you can receive in retirement. Interactive so you can change your future income now! https://www.youtube.com/watch?v=8UoyLwlatN4

Since many people have not found full-time work after looking for a year (despite Bush’s thinking we need more hours) you need to consider this “new start” move. Medical expenses not covered by insurers or job have put huge debts in collection with no way out.  Make sure you know what will happen—student loans not covered, credit score decline, court/lawyer costs, psychological toll—balanced by no more threats and calls from collectors. You may find that the stigma in your head is greater than the experience. Get facts: https://www.nfcc.org/our-services/bankruptcy-counseling/


Real estate is NOT making us rich despite popular myth
Trump’s prominent self-promotion—“I’m rich”—based upon his own evaluation and 3 previous bankruptcies, leaves you to wonder. First, his Dad made the fortune in real estate. But according to his own $10 billion estimate, Don would have been better off by just leaving his money in a stock index fund. An analysis shows he would have $20 billions by now. http://finance.yahoo.com/news/why-probably-better-investing-donald-233020366.html
If you don’t have the Don ego, use the Buffett’s strategy:

Best investments that regular people made
Morningstar, the unbiased fund rating firm, asked readers to share best investment of their life. Vanguard’s index and managed funds were mentioned with Fido’s Magellan. Vanguard Health Index came up the big winner. See if your advisor’s choices made the list: http://news.morningstar.com/articlenet/article.aspx
Don’t get stuck with average investor returns of 3.79%--earn market index of 11%: http://www.amazon.com/The-Warren-Buffett-Millionaire-snoring/dp/1508887381

Your TurboTax return may never return
If you used the desktop version of TurboTax during the most recent tax filing season and backed up your return online, you may want to make sure you have a copy of it stored on your computer.
Turbo told desktop customers that it is discontinuing a service that allowed them to store a copy of their return on TurboTax’s cloud system. Users have until July 21 to gain access to their tax returns on the cloud and resave them on their own computer if they need to do so. It is the target of every hacker. There are better and cheaper alternatives. IRS-approved sites may be FREE too: http://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free


GOP crazies
Trump attack on McCain’s war record may make him The Ugly American
GOP will arm recruiters for next shootout. Stay away from malls as they become battlegrounds.  According to his Selective Service records, Trump received four student deferments between 1964 and 1968 while in college and an additional medical deferment after graduating. Trump graduated from the University of Pennsylvania's Wharton School in 1968. The lottery occurred in December 1969, conflicting with Trump's recollection of the event.

GOP holding up meals on wheels and other services to those in need
Today, the groundbreaking law has a new problem: we are now more than four years late in renewing it. This is especially hard to explain when one considers the bipartisan, non-controversial nature of previous reauthorizations, including the last successful one in 2006 led by a Republican Senate.
The Older Americans Act matters because of what it provides and the outcomes it produces. Its programs and services have achieved the main goal of the Act when it was passed — to allow older adults to remain independent, either in their community or in their homes. It is worth noting that the Act, by law, targets its services to those in the greatest economic or social need, with particular attention to low-income minorities, rural residents and those with limited English proficiency.
Will GOP help those in need or keep spending for corporate, oil, cotton, and agribusiness subsidies?

Jeb wants to end Medicare—let seniors try to buy insurance: that failed in the 60’s
Republican presidential candidate Jeb Bush said Wednesday that we ought to phase out Medicare. Bush praised Paul Ryan’s plan to change Medicare to a system that gives seniors medical vouchers instead of paying their bills directly. He also lamented that "the left" reacted with an ad showing a Paul lookalike pushing an old lady's wheelchair off a cliff. 52 million votes just went to Hillary

Jeb wants to “dock pay of absentee members" of Congress—a jab at his presidential rivals, like Marco Rubio who missed 29% of votes. Cruz has missed 24 percent of votes so far this year; Graham has missed 23 percent of votes. Of the Senate presidential hopefuls, Kentucky Senator Rand Paul, stands out for having made 99.9 percent of the Senate roll call votes this year. He missed just three this year.
Jeb, your bill will never even get out of committee let alone get a vote unless you make it a Constitutional amendment and we can all vote on it.

Christie on drugs: "I would nationalize the drug court system," Christie said, as he proposed a new bureau of national drug courts since “using is a disease.” GOP: NO!!!!

DEM crazies
Clinton challenges GOP fear of minimum wage growth in reversing income inequality. Studies show jobs are not lost when one state raises wages and another does not. KS recent tax-increase showed that cutting taxes on rich does NOT produce more jobs—they take the money offshore. More than 30 percent of men in their prime are either unemployed or earn less than what’s needed to keep a family of four out of poverty. That’s double the share of three decades ago. Wages flat as production soared. See Chart.
Congress has blamed Obama for reviving economy and income inequality since the Bush spending spree for 2 wars and 2 tax breaks for the wealthy.
Clinton is crazy to think Congress would change views now that corporations are free to spend UNLIMITED dollars on elections. Lobbyists have more direct influence on Congress now. 

Here is the score in US elections if you think money decides the winners!

Is it worth comparing insurance to save $500?
Google/compare uses 8 insurers including USAA to find better rates. You can buy only what you need to save each year. Use all the discounts available from each insurer to save more. For instance, you don’t need the death or health benefits if you already have coverage.


Are student loan debts destroying the middle-class?
Among debtors filing for bankruptcy with student loans, the average amount of student debt has doubled to nearly $31,000 in 2014 from $15,350 in 2005, according to an analysis by Professor Austin of Northeastern. But perhaps more important, student loans as a percentage of the filer’s annual gross income have also increased substantially. In 2014, 16 percent of all bankruptcy filers had student loans that totaled more than 50 percent of their annual income, compared with 5.4 percent in 2005. Fewer good jobs make payoff harder. High levels of education have offered no guarantee of rising incomes — for example, wages of recent college graduates, adjusted for inflation, have been flat for 15 years.
Before 1977, student loans could be discharged in bankruptcy alongside other debts like credit cards. In 1998, bank lobbyists made it almost impossible. All debtors must prove undue hardship to erase their student debts. Most people don’t even try because most judges use most severe test—no increase in income … ever.

Millions better off without medical debts leading to bankruptcy
9.4 million fewer families struggled to pay medical bills in early 2015 than just before the rollout of public exchanges and Medicaid expansion in 2013. The extent to which these findings were driven by coverage gains, an improving economy or other factors remains unknown. “It’s encouraging to see that fewer families report problems with medical bills, but at the same time it’s very clear that health insurance does not provide immunity from financial distress,” according to Katherine Hempstead, who directs the Robert Wood Johnson Foundation’s work on health insurance coverage. 


Is renting your home on Airbnb right for you?
Some may think renting your home to strangers is crazy. Well, it could be. The companies that make money from matchmaking homes don’t screen your renter so you must. Your homeowners insurance may not cover their damage either so consider a BnB policy. You may also need a visit to your accountant for a tax consult. Finally, the average earnings are only $13,000 so you might want to just rent a room to the local college student instead.
When you shop for insurance, buy only what you need: http://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

Can a hacker make your Fiat Jeep car crash?
Yes. New cars are all electronics so read what can happen to some hackable cars. Fiat is offering a USB to fix it—perhaps—but you have to do the fixing. Fiat created the hackable code so would they know how to make code unhackable?

Is you’re A&P closed?
A&P and Pathmark released the list of New Jersey stores that would be closing in the wake of their parent company filing for Chapter 11 bankruptcy protection. Acme will buy some stores in NJ.

Do you “love” your car?
Porsche is first, Smart is last in buyer’s initial owner emotion study. Surprise: Subaru is #26 down the list despite TV adverts.

TN shooter got AK 47 assault weapon legally? They cost about $700 with free shipping.
Can the armed guards at TX recruiting centers fight off shooter with AK 47 and 30 round clips?  Another mass shooting in LA theater.

SCAMS           Can we afford to keep paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges! We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.
We are spending $8 million per HOUR on our wars in Iraq/Afgan

The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu killIraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.

We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”

Are we preparing for WWII again? There are 1,208,083[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.
We just can’t afford to pay for everyone else’s defenses anymore.
Japan, Germany and S. Korea can pay to defend themselves.

FifeLock finally called out for lies
LifeLock was fined $12 million by the FTC in 2010 over charges of misleading advertising. The regulator took issue with LifeLock’s claim it was a 100% shield against identity theft. Now FTC says it violated 2010 order to clean-up act.

Dating a fraud?
Targets are women living alone, who say that the email and phone wooing forms a bond that may not be physical but that is intense and enveloping. Fake trust, urgency: Send cash now: $300,000. Look before you leap: romancescams.org lists red flags to look for to identify such predators.

Discover owes you money
Regulators require Discover to refund $16 million to consumers, pay a $2.5 million penalty, and improve its billing, student loan interest reporting, and collection practices. 

Your bank owes you money
About 7 million customer accounts were affected by Citibank's "deceptive marketing" practices, which included misrepresenting costs and fees and charging customers for services they did not receive.
JPMorgan Chase would pay $136 million and reform its credit card debt collection practices. JPMorgan was accused of relying on robo-signing and other discredited methods of going after consumers for debts they may not have owed and for providing inaccurate information to debt buyers.

Regulators fine FAFSA for misleading students.
Student Financial Aid Services, FAFSA, hit for illegal sales and billing practices—misleading information about the total cost of its subscription financial services and undisclosed recurring charges. $5.2 million will be distributed to harmed consumers. 

James R. Holdman, Baton Rouge, Greenwing Securities, in prison for 5 years and to repay victims $7.9 million was banned by SEC. He falsified statements.

Who owns your account now?
Cigna to Anthem
Health Net to Centene
Humana to Aetna
(Single payer in future?)

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts 

Friday, July 17, 2015

Wall Street trick deal cost US $560 million in taxes

Wall Street trick deal cost US $560 million in taxes
Accordia Life (Goldman Sachs) has avoided $560 million in taxes that we will have to pick up from just one deal in buying annuities of Athene née AvivaUSA (fmly UK’s Commercial Union). Some people bought annuities which are supposed to be backed by real bonds/securities but are now backed only by promissory notes from one subsidiary shell back to another. Aviva, Goldman and others have taken out billions of real cash leaving $1.7 billion to cover for the $7 billion required by insurance law. They use empty shells (captives) and tax havens and smiling state “regulators” to evade taxes. There are probably thousands of deals like this which cost US over $1 Trillion—adding to deficit.  
Don’t pay the insurance companies’ taxes: http://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441


Compounded Cash: Save 40% with your self-funded “bank”
How do the wealthy double their funds every 10 years?
How do they buy airplanes and villas for 40% less?
The wealthy know something you don't know—compounded cash. They put their money to work so they don't have to work. They invest in growing companies selling everything from oil to watches. Each of their $100 investment checks turns into $1,500 over time. They pay $24,000 for their $55,000 vehicle; $2.2 million for their $4 million mansion. Learn how to pay less: http://www.amazon.com/Compounded-Cash-Save-your-Self-Funded/dp/1515066096/


Do you use the Buffett investment strategy or your broker’s? 
Average investors earned just 3.79% using a paid “advisor” while investors holding low-cost index funds (0.05%) earned 11% since 1983. Dalbar.com QAIB
Buffett wrote: “We continue to make more money when snoring than when active.” Berkshirehathaway.com/
"My wealth has come from a combination of living in America, some lucky genes, and compound interest."
“The stock market has a very efficient way of transferring wealth from the impatient to the patient.”
Our Impatience: That’s how Wall Street gets the big bucks (from us):

Are you contributing enough to your pension to live to age 85?
Know your numbers—don’t rely on brokers/advisors that get paid to sell. Use the Buffett strategy to reach your goal: Maximize your pension. The 2nd video shows you how much you will have in the future given the amount you add monthly, the number of years, and the average return on your investments. You estimate your Social Security benefits and add your current accumulation at work or IRA. The answer is translated into the inflation-adjusted amount you can receive in retirement. Interactive so you can change your future income now! https://youtu.be/8UoyLwlatN4


New cars buyers are most satisfied with these cars?
Kia, Hyundai, Lexus, VW, Corvette, Honda, Dodge made the list this year. Some are even affordable.
Qualify for discounts when you shop for new vehicle insurance: http://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634


DEM crazies
Bernie says “Jeb’s wealthy donors have contributed over one hundred million dollars to his Super PAC. This is not a democracy. This is oligarchy.” A few wealthy people run the country for their “life, liberty and pursuit of their happiness.” Not ours. Billionaire benefactors have bought up the private sector and in 2016 they may buy a presidential election. It happened in 2000, it can happen again. Supremes could throw election again
Bernie thinks he can win just because people showed up for his rallies and more people (NOT corporations) have contributed to his campaign than to any other candidate running for president, Democrat or Republican. Crazy!

College tuition assistance bill
America’s College Promise Act of 2015 proposes $3 worth of federal aid for every $1 invested by a state in order to waive community college tuition and fees for eligible students before other financial aid is applied. 
GOP will never approve of kids going to college for FREE like they, the Congress people did. Most got full “scholarships” to Ivy League via “connections.”

Will GOP let Obama try peace with Iran?
“Trust but Verify” R Reagan said.
"Every path to a nuclear weapon has been cut off," President Obama declared in Washington. Addressing critics in Congress and Israel who say Iran can't be trusted to honor the agreement, Obama said the deal is not just built on trust but "on verification."
GOP wants to bomb Iraq, Iran, Syria, etc etc.
Should we give peace a chance? We can always go back to sanctions and bombing.

GOP crazies
Trump has “debate” slot but Donald doesn’t debate--Trump is a shouter/boss. “You’re fired!” He threatened drug lord El Chapo and got a threat back.
Can you see him as commander of the millions of nuclear weapons?

GOP and Obama agree—both speechless—deficit down 14%
Our budget deficit shrank by $52 billion, or 14 percent, during the first nine months of the 2015--tax receipts grew faster than spending, the CBO said. GOP stopped hitting Obama on economy.

Jeb is right?—we already work longer hours FOR LESS MONEY
Working 70 hours vs 60 (1969). http://www.bls.gov/opub/working/data/chart17.txt The $4.03-an-hour rate recorded in January 1973 has the same purchasing power as $22.41 would today. http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/

OK GOP calls food stamp recipients animals
Defying the gospel message of “I was hungry and you gave me food”, OK Republicans posted to Facebook their message: help people and you make them animals.

TX Gov asks Guard to still monitor invasion/takeover by US Army
McCarthy-style fear factor gives GOP power to keep money flowing to defeat Obama (“Hitler”) and their own ‘government’ threat: Army to “launch psychological operations to infiltrate society. Others maintained tunnels would be built to move troops and arms for surprise attacks on civilians.”
Hard to believe that people believe this stuff. Just like in the 50’s when GOP McCarthy used the label “communist” to stir fear among Americans. He called Lee J Cobb, Aaron Copland, Zero Mostel, Henry Morgan and Edward G Robinson ‘commies.’  

Is a Zero percent auto loan right for you?
Sounds too good to be true. You think you can get a great new car and NO finance charge too. The catch: no more than 10 percent of people qualify. The point is to get you sold—at any price. You have high payments because you get 3 years not 6 to pay. Dealer will make up the interest cost with add-ons and extras you might have received free before. If you have great credit, you might receive more in the cash back with your credit union loan. Get a bank loan approval first so you have leverage with the car you really want. Actually, the best deal may be getting your loan on a higher value car that has already proved defect-free—used luxury. Save up to 40% on a 3-year old model luxury hybrid version. Value = quality at the right price: http://www.amazon.com/Buy-Value-financial-services-groceries/dp/1489513078


Buy Value and smile all the way to your new home
You could pay $500 a month for your vehicle but over 6 years that could grow to $50,000—a home down payment. Here are the Cheap COOL Rides: Toyota MR2, Alfa Romeo Spider, Mazda Miata, Mercedes CL500, Dodge D150 truck, Mercedes ML430, Toyota Tacoma, Mercedes 300SD.

Government program may offer better mortgage rates
Unlike conventional mortgages, you don’t have to have great credit or a long credit history to qualify. In most cases, you can even get a USDA home loan with a small down payment – or no down payment at all — as long as you don’t have considerable assets to your name. And unlike most low- or no-down-payment mortgage programs, you don’t need to be a first-time home buyer to take advantage of USDA loans. Not for city lots: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

FREE phone plan?
Sprint offers to connect you with your old smartphone or new one with $0 cost in return for you watching adverts when you get a call. Might be right for you if you need car emergency phone only. There are some reviews of the service at http://frugalcaller.com/ringplus-review/
Try it for FREE:  https://ringplus.net/

ObamaCare is a hit with insurance salespeople
The Centers for Medicare and Medicaid Services estimates that more than 77,000 brokers and agents assisted with enrollments on the federally-facilitated marketplace in year two open enrollment, up 46% from the year prior. About 6.6 million U.S. taxpayers paid a penalty imposed for the first time this year for not having health insurance, about 10% more than the Obama administration had estimated – though a portion didn’t need to.


SCAMS           Can we afford to keep paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges! We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.
We are spending $8 million per HOUR on our wars in Iraq/Afgan

The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu killIraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.

We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”

Are we preparing for WWII again? There are 1,208,083[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.
We just can’t afford to pay for everyone else’s defenses anymore.
Japan, Germany and S. Korea can pay to defend themselves.

GM murdered 114 people but not even indicted
The official death toll from faulty ignition switches they knew about in General Motors small cars has risen to 114. GM has made “compensation” offers to 245 other victims’ families. NO ONE is going to jail despite the cover up!

Honda Finance caught charging you more
Honda’s past practices resulted in thousands of African-American, Hispanic, and Asian and Pacific Islander borrowers paying higher interest rates than white borrowers for their auto loans, without regard to their creditworthiness. As part of today’s order, Honda will change its pricing and compensation system to substantially reduce dealer discretion and minimize the risks of discrimination, and will pay $24 million in restitution to affected borrowers. 

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alert

Friday, July 10, 2015

How much do you subsidize American business?

How much do we pay to subsidize American businesses?
We give money to the oil and gas industry, farm conglomerates, and exporters. We pay more for medicine than the world. We pay banks and most corporations' tax and penalty bills. Overall, American families are paying an annual $6,000 subsidy to corporations that have doubled their profits and cut their taxes in half in ten years while cutting 2.9 million jobs in the U.S. and adding almost as many jobs overseas.

Do you know how much to contribute to your pension so you have enough?
Use the Buffett strategy to reach your goal. My first video: Maximize your pension. The 2nd video shows you how much you will have in the future given the amount you add monthly, the number of years, and the average return on your investments. You estimate your Social Security benefits and add your current accumulation at work or IRA. The answer is translated into the inflation-adjusted amount you can receive in retirement. Interactive so you can change your future income now!

Get What You Want: Your SIMPLE FINANCIAL PLAN in 5 steps
I've been rich and I've been poor, rich is better--Sophie Tucker.
The 21st century has brought us a new way to become financially independent. The digital age has changed the way we buy everything—financial products and services too. You no longer need to overpay an agent, broker, advisor or banker to get the best financials. Save on financials and create wealth.


GOP crazies
Trump: I didn't expect business backlash to be "quite this severe." Reality is Donald is not really in touch with America—he is spoiled billionaire who only relates to deals! America is NOT a deal. America is people. For example, he got NYC to pay $127 million for the  Trump Golf Links at Ferry Point, the Bronx but has not kept his promise to build a playground for (Hispanic) residents. He has strange supporter groups! His PAC, Make America Great Again, says in its filings that it “intends to raise funds in unlimited amounts.” Many see Trump renaming WH, Trump House.
Foreign countries/corporations may be Donald Donors—we will never know.

Palin, former Gov, former Veep, former FoxTV, giving her TV channel FREE
Now you can watch her for FREE. “I just want to make sure that your voices and mine are heard by the widest possible audience across this great land of ours. I really look forward to continuing to hear your ideas and your dreams and your solutions for America.”

Koch brothers PERC call for no more national parks.
Koch-backed Property and Environment Research Center (PERC) call for no more national parks, citing the backlog in maintenance for existing parks. PERC has a long history of advocating for the privatization of America’s national parks and other public lands, and has significant ties to the Koch brothers and fossil fuel industries. PERC and its oil and gas allies have also ramped up involvement in an extreme right wing campaign to give control of America’s public lands to the states and sell them off to the highest bidder.

Jeb’s econ policy for America: “people should work longer hours” -- a comment that the Bush campaign argues was a reference to underemployed part-time workers. Jeb is out of touch with reality—part-time work is what is available for many people. Jeb has no policy to fix American infrastructure.

GOP wants to fly the treason flag in our national parks
Yes, it is hard to believe but Boehner’s flock got Calvert to insert page to a funding bill. Dems complained and he withdrew. SC put treason flag in museum as Robert E Lee asked in 1865. New South needs new symbol!

DEM crazies
Sanders will raise taxes on wealthy: Wall Street speculators, off-shore corporate earnings and major financial institutions would all be on the target list, Sanders said.

Will you live to be 116?
World’s oldest person is 116 but she has no pension. Make your money last as long as you do. Use Buffett’s secret so your investments keep on giving income that keeps pace with inflation. Inflation makes everything cost twice as much in about 25 years. http://www.amazon.com/Warren-Buffetts-Investment-Secret-Steeple/dp/1484189809

How insurers know about your situation (more than you know)
Did you lie on your insurance application? First, when you apply for any insurance, you are making statements that an insurer can use to cancel your coverage if they want to. Second, insurers may use all your statements and hidden electronic information (Internet, buying habits, credit, housing, crime, social records, etc) to verify your profile. E.G.: If you don’t mention your dog on app for homeowners, satellite/drone or grocery loyalty gives you away. Chronic headaches not mentioned on app for life cover is compared to your pharmacy/loyalty records. Third, interviews with people who know you may be done. Once the insurer marks your profile as liar, they hire investigators for “truth.”

Ford sending another 4,000 jobs to Mexico
Ford has reportedly decided to move production of the C-Max and Focus from Michigan to Mexico. The company promises to not close the facility, which employs approximately 4,000 workers, however the Focus and C-Max are currently the only vehicles that roll off its assembly lines.
 

SCAMS           Can we afford to keep paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges! We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.
We are spending $8 million per HOUR on our wars in Iraq/Afgan
The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu killIraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.

We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”

Are we preparing for WWII again? There are 1,208,083[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.
We just can’t afford to pay for everyone else’s defenses anymore.
Japan, Germany and S. Korea can pay to defend themselves.
GM murdered 114 people but not even indicted
The official death toll from faulty ignition switches in General Motors small cars has risen to 114. GM has made “compensation” offers to 245 other victims’ families. NO ONE is going to jail despite the cover up!

Brokers overcharged you for a long time
Wells Fargo, LPL, Raymond James must collectively reimburse customers more than $30 million for failing to waive mutual fund sales charges for thousands of accounts.

Even “professional” financial managers fall for con--“Trust but verify” Pres Reagan
Hedge fund manager, Thomas Meston, Fortelus Chief Financial Officer fell for “this is your bank calling and we need you to give us your codes to fix account.” Never respond to bank or IRS call or email without confirmation.

Daniel Fernandes Rojo Filho, DFRF Enterprises, claimed to operate more than 50 gold mines in Brazil and Africa, and stole $6 million in a Ponzi scheme to swindle members of the Spanish and Portuguese communities in Massachusetts and Florida. Promoters promise their money would be fully insured.

Neal Goyal as Caldera Advisors and Blue Horizon Asset Management jailed for 6 yeas for stealing $11 million in a Ponzi scheme promising high returns with fake accounts.  

Who owns your account now?
Humana to Aetna

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts

Saturday, July 4, 2015

"Everybody does tax avoidance"

“Everybody has been engaging in cross-border tax avoidance
So says Stephen Shay, former international tax affairs treasury secretary. Wal-Mart, Apple, Starbucks, and most of the largest 500 corporations owe US back taxes. Corporate share of U.S. tax receipts has fallen from 30% to under 15% as profits have soared since 1990. The Effective corporate tax rate is less than that for most OECD countries. This is why Greece got into its mess—few pay taxes in Greece.

We are giving up $800,267 by NOT using a simple investment plan
Get what you want with a simple financial plan in 5 steps. IRS §408 trust gives you a TAX-FREE nest egg of $993,413 when you invest $3,000 a year in a stock index for 33 years. Average investors earn just 3.69% when using a sales person and end up with $193,146.

Could Medicare coverage beginning at age 50 help us live healthier longer?
Since 1965, people over age 65 are living longer with far lower rates of death from chronic disease. Medicare has evolved and improved along the way, adding home health services, hospice care and prescription drug coverage, just to name a few innovations. Medicare prevention-oriented resources at this period of greatest risk of disability due to cancer, heart disease and stroke, obesity and diabetes could reduce overall costs.

See why your doctor prescribes that particular medicine not the generic brand
Now you can see what your doctor REALLY makes—not from your insurer. Each script for each drug is worth BIG money. My gastroenterologist gets $91,226 just for writing scripts no matter what the cure. See why our drugs cost so much more than in Europe: https://projects.propublica.org/docdollars/

Medical debt collectors charged with unfair practice
Half of all overdue debt on credit reports stems from unpaid medical bills, and a substantial number of these bills are unpaid as the result of delays in insurance reimbursements, medical billing errors and billing disputes, according to the CFPB. "Don't necessarily trust the bills you receive," LaMontagne added. "Plenty of errors occur and you should make sure the bill is correct before you pay it." Ask for verification of bill to stop collector. Dispute credit report info. Many doctors changed insurers and never notified patients, sticking them with out-of-network charges. Sort of “bait and switch” that can be reported to the regulator: http://www.consumerfinance.gov/complaint/

Was your tax refund too big?
If you had a refund over $500, congratulations, you are giving the government a FREE loan. They will just waste it so give yourself a bonus and raise your allowances on Form W4 http://www.irs.gov/pub/irs-pdf/fw4.pdf. Give it to your employer so they will take out less each paycheck. Set up your legal Tax Haven at a low-cost Roth IRA trustee like Vanguard with the difference in pay. In one of Vanguard’s Top Ten, you could have a nice tax-FREE fund to buy your next vacation, car, emergency. It is like found money!

Small business credit worth $thousands
The maximum credit increases to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.  Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years. Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit. That’s both a credit and a deduction for employee premium payments.




GOP crazies
Cruz wants a popular vote for each Supreme—overturn Constitution
Cruz said he is proposing a constitutional amendment to require Supreme Court justices to face retention elections every eight years. "The decisions that have deformed our constitutional order and have debased our culture are but symptoms of the disease of liberal judicial activism that has infected our judiciary," Cruz writes. "A remedy is needed that will restore health to the sick man in our constitutional system. Rendering the justices directly accountable to the people would provide such a remedy."

Trump calls Mexicans rapists & drug dealers. No GOP leader has denounced Trump so they must agree. Fox defends Trump remarks! (Germany in the 1930s?) Trump has sent many minorities out of the GOP camp with his announcement. NBC fires Trump.
Trump claims he was cheated by two Mexican businessmen in 2006-7 and he’s still angry: I will make Mexico pay for border wall. Conservatives cheer racism! Klan makes rally for July 18.

Christie cannonballed the GOP pool of contenders
NJ voters (4% approval) explain what he’s really like: http://www.gq.com/news-politics/201506/the-chris-christie-story    Local paper calls him a LIAR, with intent to deceive. May join Trump to “set Russia and China straight.”

Huck rejects Supreme’s decisions—Civil war again?
I will not acquiesce to an imperial court any more than our Founders acquiesced to an imperial British monarch. We must resist and reject judicial tyranny, not retreat. He wants to go back to white Christian rules of the 1950s.

GOP religion rules in TX, KY, TN—“pick the laws you want to follow”
TX told clerks that if they refuse to issue marriage licenses to same-sex couples or perform weddings because they conflict with their “religious” beliefs TX will help them fight their case if they face lawsuits. KY clerks cite religion to refuse licenses.
"No Gays Allowed" sign at his hardware store in TN because owner says "I don't want them around because their lifestyle.”  Owner says he is a “follower” of Christ who said, “love thy neighbor as thyself” and “I was a stranger and you did not invite me in, I needed clothes and you did not clothe me, I was sick and in prison and you did not look after me.”

GOPs return racists’ money but only after they are caught
GOP candidates Cruz, Walker, Santorum, Paul got funds from the new “white citizens council” and didn’t have a problem until the killer Roof’s rant out-ed them. The council’s influence runs deep in the GOP with Lott, Barbour, Huckabee, and recently, SC Gov. Nikki Haley. Southern “hospitality” lives! Money buys you influence. Flag still flies! Klan to rally support for flag of rebellion in July. Will Cruz Trump show up?

Walker defies GOP and regulates manufacturing—Regulation is bad to GOP?
Walker signed a bill into law that bans the manufacturing and sale of personal care products containing tiny plastic beads that are known to pollute waterways.


GOP-led Supremes have become substitute for democratic decision-making
The Supreme Court ruled NO to Obama’s EPA rule on limiting emissions of mercury and other hazardous air pollutants mainly from coal-fired power plants, a setback for the government and a boost to GOP and coal stocks. Supemes know nothing about mercury!
Scalia condemns his own decisions as a Supreme ELITIST: “to allow the policy question to be considered and resolved by a select, patrician, highly unrepresentative panel of nine is to violate a principle even more fundamental than no taxation without representation: no social transformation without representation.” He is right! Why did he and Kennedy give Bush II the presidency in 2000 election when Constitution says voters decide? Cost us 5,000 lives and $4 Trillion so far.
Roberts condemns making public policy also: "Just who do we think we are?" “… that decision should rest with the people acting through their elected representatives, …”
 
GOP predictions of the end times—Ryan still wrong
NRA calls itself a civil rights group like NAACP and ACLU. Really?

DEM crazies
Bernie has crowds but does not have a PAC. Without the support of a “super PAC,” his total seems small, but anywhere close to $10 million would be a very respectable total for a candidate who raised a total of $6.2 million for his 2012 Senate race. Elizabeth Warren isn't ruling out joining ultra-liberal Democratic presidential candidate Bernie Sanders on the campaign trail in New Hampshire. One question is whether this initial flood of donations represents the high-water mark or can be sustained.
Bernie can’t win—it took Obama $730 million to win in 2008.

Obama to give workers overtime like in 1975—but don’t count GOP out yet
The administration has the power to issue the regulation, which would restore the overtime salary threshold to roughly where it stood in 1975 in terms of purchasing power, without congressional approval. Republicans could, for example, attach a so-called rider undoing the change to must-pass appropriations measures later this year.

Avoid cars that lose value before they are paid for
You will not be surprised that these money pits are overpriced but some people buy them. Some are also on the list of the highest problems per 100 sold too.


Third Man reopened in CA 7/3: Wells told director Carol Reed, "Carol, I can't work in a sewer, I come from California." So all the Vienna sewer scenes were done at Shepperton Studios. However, tourists, making "Third Man" tours of Vienna, have made its sewers quite popular. Closing shot: Sight & Sound magazine called a candidate for the greatest film finale ever. 

CR says new BMW, Audi, Subaru burn oil
Consumer Reports focused on 2010 to 2014 models and called on automakers to make repairs under the powertrain warranty or to extend warranties. Audi and BMW cars say that it's reasonable to burn a quart of oil every 600 to 700 miles. For a late-model car to burn a quart or more between changes is not acceptable, Rechtin said. Check models: http://finance.yahoo.com/news/consumer-reports-finds-newer-cars-101209204.html


SCAMS           Can we afford to keep paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges! We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.
We are spending $8 million per HOUR on our wars in Iraq/Afgan
The War on Terror requires special forces attacks on top terrorists at their homes like Obama’s al-Amr May14 Abu killIraq proved converting a nation to Western-style republic doesn’t work. The troops we trained ran away, left our stuff. Training and more stuff for what? Former Saddam army now ISIS. We are wasting $4 billion a year on Afgan tribal rivalries; paying ransom to Al Qaeda; supporting corruption with our money.
We are building another military base for Japan at Henoko. Air Force Gen. Ronald Fogelman admitted that the Marines “serve no military function there. They don’t need to be in Okinawa to meet any time line in any war plan.”
Are we preparing for WWII again? There are 1,208,083[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.
We just can’t afford to pay for everyone else’s defenses anymore.
Japan, Germany and S. Korea can pay to defend themselves.
GM murdered 114 people but not even indicted
The official death toll from faulty ignition switches in General Motors small cars has risen to 114. GM has made “compensation” offers to 245 other victims’ families. NO ONE is going to jail despite the cover up!

“Imported” beer is really imported from "St Louis" where they make hype!

Whole foods costs whole lot more … because they admit they cheat a whole lot.

Malcolm Segal, a Langhorne, Pa., Aegis broker was sued by the SEC for taking $15.5 million from 50 investors and using the money to buy a Florida condominium, vacations and other luxuries. Segal sold certificates of deposit to brokerage customers, claiming he could get up to 12 percent interest, according to the SEC.
BNP Paribas was accused of breaching fiduciary, contractual and legal duties, as well as gross negligence and negligent supervision, 

Who owns your account now?
Chubb to Ace with Geenberg scion in charge


IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts