Articles Archive for 7 February 2012
Account For Change, Taking Stock, Your Financial Fitness »
Beginning July 1, the 401(k) providers must begin disclosing fees; plus, there are some new proposals “coming out from the treasury department that may have an even greater effect for retirees who want a secure income stream for life.”
“New 401K options and greater transparency over fees are designed to give workers and retirees more control over their retirement savings.”
CNBC’s Sharon Epperson reports.
(video 3:03)
Account For Change »
The New York State Attorney General and newly-appointed head of the new financial crimes unit of federal prosecutors and leading state attorneys general, Eric Schneiderman, is suing Bank of America, JP Morgan, and Wells Fargo for deceptive mortgage foreclosure practices and the fraudulent use of MERS (Mortgage Electronic Registration Systems).
The lawsuit charges that the MERS system eliminates the ability to track property transfers.
Schneiderman discusses with Rachel Maddow the processes, resources, and agencies – federal and state – now involved and empowered to investigate and criminally prosecute the people responsible for …
