Money & Markets – Week of 03.17.2013

Bernanke Saying He’s Dispensable Suggests Tenure Ending
Bloomberg | 21 March 2013
Federal Reserve Chairman Ben S. Bernanke said he’s “spoken to the president a bit”…

White-Black Wealth Gap Nearly Triples
Squared Away Blog | 21 March 2013
Over the past 25 years, the difference in wealth held by white and black households in the United States has nearly tripled…

JPMorgan, MF Global Inc Trustee Reach $546 Million Settlement
Reuters | 19 March 2013
JPMorgan Chase & Co (JPM.N) has reached a $546 million settlement with the trustee liquidating the failed broker-dealer…

Factbox: Cyprus Contagion – Who’s Looking Poorly?
Reuters | 18 March 2013
If euro zone depositors start to run scared after Cyprus’s bank levy, which country is most exposed?

The New Medicare Tax and You
Fidelity | 04 January 2013
With all the attention focused on the tax changes included in legislation to avert the fiscal cliff, some may have forgotten…

America’s March Toward Cyprus Status
Market Ticker | 18 March 2013
It’s coming folks…

Food Stamps Put Rhode Island Town on Monthly Boom-and-Bust Cycle
The Washington Post | 16 March 2013
The economy of Woonsocket was about to stir to life…

How Rich Is the Catholic Church?
Slate | 14 March 2013
Pope Francis is not just the spiritual leader of one of the world’s major religions…

What’s the Best Way to Design a Carbon Tax? Lawmakers Ask for Suggestions.
The Washington Post | 13 March 2013
On Tuesday, four Democrats in Congress unveiled a brand-new proposal…

EXTREMELY DISTURBING: IMF Goes Directly After Bank Depositor Money
Economic Policy Journal | 16 March 2013
The banksters are getting desperate. The IMF today took an unprecedented step to grab bank depositor money…

Fed Throws Junk Bond Lifeline to Weak Companies
CNBC | 15 March 2013
Struggling companies that otherwise might not be able to stay afloat…

Consumer Bureau Sets Sights on Student Loan Servicers
The Hill | 14 March 2013
The Consumer Financial Protection Bureau (CFPB) is flexing its muscles…

Congress Begins Meetings on Tax Reform
The Washington Post | 14 March 2013
Dueling budgets and three days of political schmoozing by President Obama…

Japan Reflationists Score Biggest Win as Kuroda Confirmed
Bloomberg | 15 March 2013
Japanese Prime Minister Shinzo Abe’s initiative to end two decades of economic stagnation…

JPMorgan Ignored Risks, Fought Regulators: Senate
News Daily | 15 March 2013
JPMorgan Chase & Co ignored risks, misled investors, fought with regulators…