ARTICLES

MADDOX: Wall Street banks on amnesia

Many Americans believed that whatever caused the Great Recession should not be permitted to happen again. Most of the country seemed to agree that Wall Street’s reckless gambling with depositors’ money should never again be able to threaten the jobs and livelihoods on Main Street.
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MADDOX: Wolves are still at Gramma's door

In the movie “The Wolf of Wall Street,” Jordan Belfort, disgraced broker and owner of the now-defunct brokerage firm Stratton Oakmont, is portrayed by Oscar-nominated actor Leonardo DiCaprio as over-the-top good looking, witty and motivational. Belfort, if we are to believe what we see in the film, is a phenomenal salesman—a self-made man committed to making lots of money for himself and his friends.
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VIEWPOINT: Save yourself, and start sooner!

This is my first sermon for the newly minted "Church of Savin-tology." I don't care about saving your soul, I just want you to be a better saver of your hard-earned income. Our version of the golden rule says: He who saves his gold, rules in retirement. We live in a consumer-driven society that constantly challenges us to keep up with our neighbors. We are bombarded with pressures to buy the biggest house we can afford and furnish it appropriately....
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VIEWPOINT: Don't put your money into 'The Big Lie'

If it sounds too good to be true-invest! This perversion of the old adage has cost many investors their life savings. How does it happen? In talking to many investors who've been victimized by outright scams, I've noticed the tendency of some to respond to what we call "The Big Lie." Most investors seem to keep their guard up pretty high when approached about investing in a scheme that might return 10 percent, 15 percent or even 25 percent in...
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