- Making News: Mutual Funds Rewarding Brokers for Preferential Treatment
Just as Enron executive Andrew Fastow completes his plea bargain, another white collar scandal could affect millions of investors. The Securities and Exchange Commission reports that brokerage firms get a kind of payola for recommending mutual funds. Ruth Simon, personal finance reporter for the Wall Street Journal, says this sort of revenue-sharing violates SEC requirements of disclosure and transparency.
- Reporter's Notebook: The Bush Dynasty
Former Nixon staffer Kevin Phillips is a prolific author and commentator. His book, The Emerging Republican Majority, heralded the beginning of major political change. In his latest book, American Dynasty: Aristocracy, Fortune and the Politics of Deceit in the House of Bush, he-s turned his attention to the current Republican president, and he sees a family so powerful that it puts democracy itself at risk.
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Touching down in fly-over country Dodge City, Kansas and Erie, Pennsylvania may have something in common. That’s just one surprise in “Our Towns,” a new book by James and Deborah Fallows. The veteran Atlantic magazine correspondent and his scholarly wife spent two weeks in each of 25 different cities. Their search for America’s character provides anecdotes, comparisons and distinctions after a journey of 100,000 miles.
Teachers are battling back Teachers are mad as hell in several red states. They’re walking out over cuts in pay and reductions in classroom support. It’s a grass-roots rebellion from West Virginia to Kentucky and Arizona. Will it renew support for the value of public education in a changing economy?
After the Iran Nuclear Deal: Does Trump have a Plan B President Trump made good on a campaign promise. The U.S. is out of the “horrible” “one-sided” Iran nuclear deal. Can it stop Iran from restoring its nuclear program? Make diplomatic peace with allies in Europe? Convince North Korea the U.S. can be trusted?
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