The Derivative Project

Retirement Investing in the Workplace

Hello New York Times: Please Define “Conventional Money Management”

Hello New York Times: Please Define “Conventional Money Management”

The New York Times is doing a disservice to every retirement investor in their recent review of the “Robo-Advisors”, “Sites to Manage Personal Wealth Gaining Ground” The New York Times states: “The biggest selling point is that these relatively new sites are often far less expensive than conventional money managers,…

Did Professor Shiller’s Speech to NAPFA Forget the Footnotes?

Did Professor Shiller’s Speech to NAPFA Forget the Footnotes?

Nobel Prize winning economist Robert Shiller of Yale University delivered a speech* on December 4, 2013 hosted by the National Association of Personal Financial Planners (NAPFA) and Forbes. Did the¬†financial planning industry quickly capture remarks to solely advance their Agenda: “Robert Shiller gives his take on the future of advice;…

New Retirement Service Eliminates Conflicted Financial Advice and Poorly Performing 401(k)/403(b) Investment Options

Announcing Not On My Nickel New Retirement Service Eliminates Conflicted Financial Advice and Poorly Performing 401(k)/403(B) Plan and IRA Investment Options Not On My Nickel, a research and education service for retirement savers refuses to wait for Washington to fix the retirement system and financial advice industry‚Äôs misconduct.  Not On My…

Why Financial Literacy Efforts Failed: Wall Street Wrote the Curriculum and Spread the Message with the help of Public Radio

Experts are baffled by why all the tax dollars and private money flowing into K-12 Curriculum and private foundation support has failed to make a dent in American’s financial literacy score. Here is brief synopsis at CNBC, June 4, 2013, Financial Literacy Efforts Get Failing Grade. With a focus on…

Material Conflicts, Lack of Training, Lack of Transparency Are at Heart of Financial Crisis

Floyd Norris of the New York Times has a piece today on the Barclay’s “Libor scandal”, Banks Ability to Rig Libor Shows a Change is Needed.  The premise of the piece is excellent, however, Mr. Norris and The New York Times, continue to rely on a circle of sources for…

“Investor Advocates”: More on the Wolves in Sheep’s Clothing

The Derivative Project, non-partisan, has been working to ensure the American economy is rebuilt after a devastating financial crisis, based on sound economic fundamentals, not speculative trading in credit default swaps on the demise of corporations and sovereign debt. The Derivative Project’s main focus is on protecting and enhancing American’s…

“Lavish” Teacher Salaries, IRR’s and Regulatory Arbitrage

Last Week:  The European Union Banned Naked Credit Default Swaps and Moved Towards A Speculation Tax, While The U.S. Focused on “Lavish” Teacher Salaries March 7, 2011 the European Union made it official, naked credit default swaps are banned, unless one is selling against a “proxy” portfolio. Here is the…