President Barack Obama today -- on the first anniversary of the collapse of Lehman Brothers -- said tougher regulation is needed to prevent another financial crisis. Kiplinger.com columnist Steve Goldberg agrees.
Goldberg says, "In 2008, the world received a wake-up call about the excesses of unfettered deregulation. If we fail to heed it, we face a bitter reckoning." He reminds us that last year's financial crisis wasn't the first of its kind and offers his prescription for preventing repeat disasters in How to Prevent a Repeat of 2008. Read it and share your comments about what needs to be done to avoid more financial meltdowns.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
I'm retired with $2.2 million saved and work 2 retail shifts a week for fun. My young colleague just got her hours cut, and I don't need the money. Should I quit so she can have my shifts?We asked certified financial planners for advice.
-
Could an Annuity Be Your Retirement Safety Net?More people are considering annuities to achieve tax-deferred growth and guaranteed income, but deciding if they are right for you depends on these key factors.
-
Older Taxpayers: Don't Miss This Hefty (Temporary) Tax BreakIf you're age 65 or older, you can claim a "bonus" tax deduction of up to $6,000 through 2028 that can be stacked on top of other deductions.
-
Airbnb Host Tells What It's LikeBusiness Costs & Regulation This Denver pharmacist began booking her ski condo a few months after the pandemic hit.
-
Tough Times for a Family BusinessBusiness Costs & Regulation His dry-cleaning operation was rocked by the pandemic, but he is staying optimistic.
-
IRS Gives Truckers a Tax Break in Response to the Colonial Pipeline ShutdownTax Breaks The tax penalty for using dyed diesel fuel for highway use is temporarily suspended.
-
Reliving a Harlem RenaissanceBusiness Costs & Regulation After a tough winter, two sisters look forward to reviving their restaurant’s business.
-
Add a VPN to Surf the Internet SafelyTechnology To help you fight identity theft, consider adding a VPN.
-
Stephanie Creary: Making the Case for Diversity on Corporate BoardsBusiness Costs & Regulation Adding underrepresented voices can improve a company’s bottom line.
-
How We Lose When We Overlook Black TalentBusiness Executives Comments from Wells Fargo CEO Charles Scharf (pictured) reflect a culture that tramples on clients’ trust and limits opportunities for people of color.
-
Retirees, Create An Emergency Fund for Rental PropertyBusiness Costs & Regulation Build a cushion to protect your income from an unforeseen crisis.
