This is very different than a CD, which comes from a bank with Federal Deposit Insurance Corp. protection up to $250,000. And it's different than a U.S. Treasury bond, backed entirely by the U.S. government.

New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the

Rob Brunhild trusted his broker when he was sold principal-protected notes underwritten by Lehman Brothers, noting that the broker implied that the notes were like Treasuries. His expectations for a solid return were dashed when Lehman went under, wiping out his investment. He said his family lost

The low-key approach has some safety experts and political leaders worried that America is poised for an epic, yet preventable, nuclear disaster.

In an e-mail exchange following my visit to the neighborhood nuclear reactors, at Indian Point, Richard Brodsky, a longtime politician from the lower Hudson Valley who is now

The state attorney general wants federal regulators to take enforcement action against the Indian Point nuclear plant for what he called the company's failure to comply with fire safety requirements. "In the wake of Japan's crisis, our country's nuclear facilities should be bolstering their safety

NEW YORK, NY – The idea of regulation — of using the institutions of government to set and enforce rules for the world of business — has come under fierce attack. This week, House committees will hold four separate hearings based on the premise that our nation’s economy is chafing under the

Demos Report Called for Clearinghouse to End Incentives for Inflated Ratings

Washington — Senator Al Franken (D-MN) has introduced a financial-reform amendment that finally addresses the root problem of the credit rating agencies—their built-in conflict of interest. The "Restore Integrity to Credit Ratings" amendment, co-sponsored by Senators Charles Schumer (D-NY) and Bill