MetLife
| 1:30PM 7/19/2011
"The largest loss in Bank of America's history." That's the sound bite from the bank's second quarter earnings report, which disclosed an $8.8 billion bottom-line loss. But now that BOA is atoning for its mortgage-related sins, there's a chance its stock may be undervalued.
By Selena Maranjian, The Motley Fool
| 9:00AM 7/12/2011
For children, excursions with grandmother are an adventure. As time passes, however, the ride into the golden years can get bumpy; if you're financially unprepared, it can take a dramatic turn for the worse, and even drive you and your family into bankruptcy. Here are some steps you can take to prevent that.
| 7:00AM 6/30/2011
During the past month, AIG stock fell nearly 10% drop after an announcement that the government would sell some of its stake in the insurance giant. The Treasury's ownership in the company has declined from 92% to 77%, but the prospect of its future sell-offs are holding the stock down.
| 11:00AM 6/22/2011
The two biggest banks in the reverse mortgage business are getting out of it. Now, Bank of America and Wells Fargo accounted for less than half of the reverse mortgages in America, and other lenders are still writing them. But seniors in financial trouble should explore theses alternative ways to stay in their homes.
| 9:30AM 6/16/2011
You love your dad, but you don't have to buy everything he taught you about money. DailyFinance celebrates Father's Day by debunking six financial myths he might have held held true. He still deserves the socks and the cologne. Just don't necessarily trust him with your portfolio.
| 2:00PM 6/15/2011
You would probably do anything for your mom and dad, but the cost of caring for them in their old age can be crippling. A new study shows that the nearly 10 million Americans who are providing care for their aging parents will lose an estimated $3 trillion to do so.
| 9:00AM 6/03/2011
Who would pick the pocket of your grandma or grandpa? Apparently, a lot of people: Older Americans are losing $2.9 billion annually to elder financial abuse, up 12% from 2008, according to The MetLife Study of Elder Financial Abuse. Here's how to protect your older relatives from becoming victims.