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A roundup of corruption-related news from Dow Jones and other sources. You can also receive a newsletter version of Corruption Currents here.
In the media
A study by Demos, a liberal research center, found that a median-income couple that invested in 401(k)’s for 40 years with fees averaging 1.6 percent a year would achieve $354,850 in assets at average savings rates, but only after paying $154,794 in investment fees. READ: The Retirement Savings
In the media
Steven Greenhouse
Something that you hear about quite a lot these days is the "all of the above" energy plan. The phrase is in both party platforms with the general idea being that our energy needs should be met by using all forms of energy available -- coal, oil, gas, nuclear, renewables, biofuels, etc. Diversifying
In the media
J. Mijin Cha
Elisabeth Badinter is picking a fight with her book The Conflict, in which she demonizes pretty much every form of maternal bonding. And I was pleased to see Sarah Blustain give it to her in “Mère Knows Best”, rightly mocking Badinter’s attacks on social science, breast-feeding, and ecology. No
In the media
Sharon Lerner
NOW that some sunshine is being shed on 401(k) expenses, it’s time to see how you can improve returns by lowering the costs of the middlemen.
In the media
John Wasik
NEW YORK – As millions of young adults begin their fall semesters across the nation, new findings from a national survey by policy center Demos reveal the relationship between college costs and credit card debt, and its impact on students and their parents. READ "COLLEGE ON A CREDIT CARD: THE
Press release/statement
The United States needs to be reimagined. A recent study from the Pew Research Center tells us that in economic terms the middle class "has suffered its worst decade in modern history." It's shrinking. With jobs scarce, wages declining and the nation's wealth concentrating ever more intensely at the
In the media
Bob Herbert
Many Florida families have been paying up to 25 percent of median income for public in-state college costs — out of reach for some middle-class parents who have taken recent pay cuts or lost jobs, according to a new study.
In the media
Donna Gehrke-White
Some eight years ago, I was at a presentation by Vanguard founder Jack Bogle at a business journalists' conference in Denver, and when his PowerPoint crashed, and he had to use transparencies on a vintage 20th-century overheard projector. After the presentation, he let me keep them, and they still
In the media
John Wasik
MIAMI – In just three years Florida’s higher education funding per student decreased 40 percent, according to a new report by national public policy center Demos and the Florida-based Research Institute on Social and Economic Policy (RISEP). As a direct result, Floridian families now spend 25% of
Press release/statement