New York, February 9 -- A Chinese-born aerospace engineer was sentenced to a 15-year term in prison for acquiring secret space shuttle data for China. The engineer Dongfan Greg Chung had access to sensitive material.
One doesn’t need to be a financial wizard to manage personal finances. Though regulating finances might appear complex, it does not have to be. Just a little common sense and knowledge of basic principles of money management will enable you to make wise money decisions.
The life you live in your 50s is completely different from the one you lived in your 20s. Your tastes, goals, career and family are continually evolving- so why would you expect your savings plan to remain the same?
Actions speak louder than words, as the old saying goes.
So why does the media focus so much attention on what Wall
Street says about companies, instead of what it doeswith them?
Earlier this year, Bank of America(NYSE: BAC)
received an additional slug of capital from taxpayers to digest its
Merrill Lynch acquisition. In addition to $20 billion of TARP funds, the bank received what's called a ring-fenced asset guarantee on 90% of a $118 billion pool of assets.
Based on the aggregated intelligence of 145,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Chinese travel-services provider Universal Travel Group(NYSE: UTA) has earned a respected four-star ranking.
Moody's released an industrywide report on credit card quality earlier
this week, and there's really only one takeaway from it: There's no
recovery in the credit card industry.
If, after 2008, you still expect the stock market to fund
your retirement, most people probably consider you a few
Congressmen short of a bailout. (Zing!) Yes, it was tough
being openly optimistic after a year in which every bull
became a steer.
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