The Derivative Project

Ameriprise vs Ameriprise: Even Wall Street Knows the Rot…Is that Why Potential Treasury Secretary Pick Chenault Sold It?

Ameriprise employees are suing Ameriprise over breach of fiduciary duty for putting their retirement savings into more expensive funds, packaged by Ameriprise.  Yes, that is self-dealing and a breach of fiduciary duty.  That is what every retirement investor is faced with in every 401k account today.  That is what every…

Lessons from 2012 Show Congress a Clear 2013 Road to Sustainable Economic Growth for the Middle Class

Hindsight provides a perfect vision for the future.  Here is our vision for a sustainable economic recovery for 2013 for middle class retirement savings.  Paramount to each of these points is a request for a renewed focus by Congress on the big picture that values society overall, over an obsolete…

U.S. Taxpayers Need the Untold Story: Deutsche Bank, Mr. Buffett, and Mr. Khuzami

Former FDIC Chair, Sheila Bair, stated in her most recent book, Bull by the Horns, “If Main Street voters are confused or don’t feel they understand the problems, they are unlikely to exert political influence to correct those problems.” Main Street voters need to understand why President Obama appointed Wall…