The Obama administration is busy touting the burgeoning success of its mortgage modification program. Unfortunately, it’s a farce: Out of one side of his mouth, the President touts a dedic

There has been a lot of debate lately as to whether proposals such as health-care reform will turn America into a socialist state.Considering what I’ve learned in 35 years working for nonprofit

I grew up in a town where school choice was easy -- public or parochial. You attended the grammar school closest to your home and by the time high school rolled around, everyone was together in one b

My daughter went on an end-of-summer iTunes binge and is now paying the price. She told me beforehand that she was downloading a few songs, and I reminded her she would have to pay me for them when I

“Crippled but free. I was blind by the time I was learning to see.” --Grateful Dead It was a beautiful, crisp September morning as I looked up from my Wall Street Journal to watch the sun

On August 9, when I headed out for countries and parts unknown, the intraday high on the cash S&P 500 was 1018. Tuesday, upon my return, the low posted this day after Labor Day was 1018. Sell in

positioned itself as a “green” company -- never mind that it’s in the same business as Chevron.When Chevron learned that 60 Minutes planned a potentially damning report ab

The following real-time exchange took place between Minyan Stephen and I. We share it for the benefit of ye faithful should anyone have similar questions about trading approach or risk management. Hi

Did investors learn anything in 2008? After the implosion of major financial institutions, I was under the impression that investors were aware of the outcome of rapidly rising asset prices -- p

Medarex (MEDX) is being acquired by Bristol-Myers (BMY). For stockholders, it’s nearly a double from yesterday’s close. For convertible investors, it’s a nice kiss on a trade that h