Like many, perhaps most, Americans I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.
I’ve spent most of my life, certainly my adult life, confident that Americans, certainly in large part, are reasonable and rational.
Much has been made in recent weeks over the so-called Ponzi scheme foisted on the investing public by Bernie Madoff.
California’s Assembly voted 42 to 28 for the California Public Employees' Retirement System (CalPERS) to oversee a separate and voluntary investment program for private workers.
Californians who don’t have access to a retirement savings plan at work could be able to set up a 401(k)-style account through the state of California under a new proposal.