Posts belonging to Category Preferred Stocks
Posted by Page PerryonFebruary 8, 2011
Many risk-averse, income-oriented investors in this low interest rate environment have put their hope in preferred stock dividends. But are preferred stocks with an average yield of nearly 7% a safe oasis in the “howling wilderness” of fixed income investments, asks Jason Zweig in his Wall Street Journal column, “Preferred Stock: Are Those Juicy Yields […]
Categories: Brokerage Firms, Investment Advisers, Market Developments, Preferred Stocks, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonJuly 8, 2010
The sale of billion of dollars of Fannie Mae and Freddie Mac preferred stock in 2007 and 2008 was accomplished by fraud on unsuspecting public investors and the complicity of mortgage originators that bought the shares knowing they were poison, according to attorney and professor Seth E. Lipner in his July 7th Forbes article entitled […]
Categories: Bank of America, Bear Stearns, Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Deutsche Bank, Goldman Sachs, Investment Advisers, Merrill Lynch, Morgan Stanley, Preferred Stocks, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, UBS, Wachovia
Posted by Page PerryonFebruary 23, 2010
Recently released figures show that colleges across the nation suffered a 19 percent decline in their endowments in 2009. Some school endowments have reported even steeper declines, including Georgia Tech (26%), the University of Georgia Foundation (23%), and Emory University (21%). While the financial markets as a whole experienced a significant downturn in 2008, the […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Derivatives, Exchange-Traded Funds (ETFs), Investment Advisers, Mortgage Securities & Collateralized Debt Obligation Problems, Municipal Bonds, Preferred Stocks, Private Investments/Reg D, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes
Posted by Page PerryonJanuary 14, 2010
The first public hearings by the Financial Crisis Inquiry Commission were notable for what did not happen. The well-prepared Wall Street bankers faced the cameras with apparent humility, parried Commission clunkers with their own platitudes, and left pretty much unperturbed. Those who expected the reprise of the 1930s Pecora hearings must have been disappointed. “Pecora’s […]
Categories: Bank of America, Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Derivatives, Goldman Sachs, Investment Advisers, J. P. Morgan Chase, Market Developments, Morgan Stanley, Mortgage Securities & Collateralized Debt Obligation Problems, Preferred Stocks, Regulatory Developments, Securities, Smart Investing Tools, Structured Notes
Posted by Page PerryonJanuary 7, 2010
In an encouraging sign to those who despair about investors receiving full justice in a compulsory arbitration process financed by the brokerage industry, a California FINRA panel last month (December 2009) awarded compensatory damages of $319,798 to a 96-year old investor as well as treble damages of $959,394 under the California Elder Abuse Act.
Categories: Bonds, Brokerage Firms, Common Securities Broker Abuses, Elder Abuses, Investment Advisers, Preferred Stocks, Regulatory Developments, Securities, Securities/Commodities Arbitration