Thanks to heavily lobbied-for changes to laws governing debt collection, student loans don't vanish after the loan holders declare bankruptcy. Nor do they vanish when the loan holder dies. Some loan companies have policies in place that erase student debt accrued by a deceased person; others do not. And the ones that…
If you happen to be in the market for a hedge fund (lucky you!), you could do worse than to pick one headed up by a woman. A recent study suggests that in recent years, they've beat the competition.
Jobs do it. Moms do it. Wives of former college flames do it. And now, credit agencies are getting in on the Facebook stalking game. Which is worrisome.
Even though the title of sexiest banker was given out long ago (Meredith Whitney, duh), some who work in finance remain unsatisfied, I guess. What other possible explanation would there be for a banking career website to sponsor a "sexiest banker poll" and invite users to vote? And what deep, all-consuming sadness would…
Bank of America has to cough up $39 million after settling a lawsuit alleging that its Merrill Lynch brokerage arm systematically discriminated against female employees, passing them over for promotions, shutting them out of lucrative partnerships, and otherwise blocking their pathways to professional success. That…
Lawrence "Larry" Summers is the front-runner to succeed Ben Bernanke as chairman of the Federal Reserve when he steps down in January, even though Janet Yellen is more qualified — and doesn't think women are bad at math because they have puny ladybrains and selfishly choose to stay home and raise children. Why? Because…
Paul Tudor Jones is 58 years old. He is a hedge funder. He is one of the richest men in America. He is probably a Republican. He predicted the 1987 market crash (see below). On Wednesday, we also learned that he holds some sexist beliefs about women because of most of the characteristics just listed.
A new report about the sundry ways American men and women nurture their personal finances suggests that women aren't daring enough with their investment portfolios. Financial prudence may seem like a virtue, but some money wizards would really like to appropriate Sheryl Sandberg's "lean in" phraseology and see women…
Hedge funds controlled by female managers brought in the money last year: according to Rothstein Kass, they produced a return of 8.95 percent through the third quarter of 2012. (In contrast, the HFRX Global Hedge Fund Index only logged a 2.69 percent net return through September.)
Springboarding off of an infamous USA Today infographic (and utilizing a handy Wild, Wild West conceit), finance oracle Whitney Johnson tried her darnedest to unravel the mystery about why female leaders are still a relative rarity in the wide world of investing. It's certainly a puzzle, because, although women are…
Not into schadenfreude? Better stop reading now. Everyone else, get ready to rub your palms together and cackle: Planned Parenthood saw a near perfect return on its election spending, while conservative groups spent enough to make Donald Trump blush but have little to show for it.
What good does freaking out over expensive but worthwhile purchases do, especially if you can afford to splurge? Nothing, according to research (from Kipslinger via the New York Times):
If you happen to be a lady and you happen to have aspirations are followed by at least seven zeroes and preceded by a dollar (or pound, or Euro) sign, it's time for some real talk: no matter how old you are, you're too something something to succeed at a hedge fund. Have you considered an alternate field? Perhaps…
News from the world of science with some pretty grim implications for the global economy as it currently exists: men — rational, level-headed, decisionmaking men — aren't actually very well equipped to handle important financial decisions at all; it's like they're getting the male equivalent of their periods, but all…
In today's case for Just Giving Us the Damn Birth Control: new babies are more costly than you might have dreamed, even when it's not you who's giving birth.
A new survey of credit-card spending indicates that members of the generation known as Millennials are increasing their spending on "luxury" items — designer clothing and accessories, tech gadgets, jewelry, etc — faster than any other age cohort. Their parents, the Baby Boomers, still spend far, far more on luxury items…
Ex-Presidential candidate and horrible person John Edwards and the mother of his extramarital daughter that he conceived while his wife was dying of cancer, ex-videographer and horrible person Rielle Hunter, have reportedly stopped making out in public, and this has led some local busybodies to conclude that they must…
Fertility finance companies lend women money for in vitro fertilization procedures, and their industry is booming, thanks to the recession, which has made home equity and credit card loans — the most common ways couples pay for expensive fertility treatments — harder to come by. But are the companies, which often…
Start stockpiling your cream and preservative filled snack cakes: Hostess is filing for Chapter 11 bankruptcy. Again.
Mass media has trumpeted a market research study's conclusion that young, single, childless, white women living in cities out-earn their male counterparts. Feminists would love to embrace the results, but, in fact, the analysis has many flaws, including the failure to account for educational differences. That hasn't…
