newjerseynewsroom.com

1. Are gift cards a waste for consumers and retailers?
(Money/Economy)

... year. Forbes reports that any unclaimed credit on a gift card can be regained by the retailer in most states. The Securities and Exchange Commission lets companies take any unused gift-card money as ...

2. Old Bridge, N.J. couple in apparent murder-suicide had been struggling
(N.J./State)

... Trapp had also filed at least three restraining orders against her husband this year. Around that time Anthony Trapp had sued former employer SG Americas Securities for alleged discrimination. Trapp ...

3. N.J. municipal bond users to share $2M as part of $58.7M settlement with Wachovia Bank
(N.J./State)

... the U.S. Securities and Exchange Commission, the Office of the Comptroller of the Currency, and the Internal Revenue Service. Wachovia is the fourth financial institution to settle with the states in ...

4. Michael Kelly of ForeverGreen Enterprises Inc. assessed $400K penalty for investor fraud
(N.J./State)

... Bureau of Securities for defrauded investors and using their investments for personal benefit. Kelly operated ForeverGreen from his residences in Tinton Falls and Ocean Township. The Securities Bureau ...

5. ‘Margin Call’ movie review, trailer: Real-life inspired financial thriller
(Entertainment/Movies)

... risky mortgage-backed securities. The virus at the heart of America's financial ailments, these are often investment vehicles for bad mortgage loans, repackaged and certified by ratings agencies as being ...

6. Gov. Christie nominates BPU President Lee Solomon to Superior Court judgeship
(N.J./State)

... assistant U.S. attorney in Newark, including service in the Civil and Frauds divisions and service as chief of the Securities and Health Care Fraud Unit and Criminal Health Care Fraud coordinator. A number ...

7. 4 N.J. men among 5 alleged scammers targeting elderly investors
(N.J./State)

... notes, promising 12 percent annual rates of return, to 73 investors, many of whom were elderly and retired. The complaint alleges that, in fact, none of the defendants or the securities were registered ...

8. N.J. paper money to feature Springsteen, Sinatra, and Piscopo
(Life/Style)

... Congress has the authority to: “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; To provide for the Punishment of counterfeiting the Securities ...

9. It's time to sing the praises of Warren Buffett
(Money/Economy)

... you something about Buffett that may surprise you. He once got into trouble with the Securities and Exchange Commission, and his company had to shell out $115,000. He and his associate, Charlie Munger, ...

10. Remembering the great stock market crash of 1929
(Money/Economy)

... who purchases securities at this time with the discrimination that as always is a condition of prudent invsting may do so with utmost confidence.” You remember Cal Coolidge? Silent Cal? A man was introduced ...

11. Wachovia, Raymond James to repay N.J. investors $457.7M
(Money/Economy)

Settlement with state stems from sale of poor risk auction-rate securities in 2008 The state Bureau of Securities announced Tuesday that it has signed consent orders requiring Wachovia Securities and ...

12. 2014 Super Bowl logo unveiled by Host Committee at Meadowlands
(Sports/Professional)

... CEO, Honeywell Massimo d'Amore, CEO, PepsiCo Beverages Americas Winston Fisher, partner, Fisher Brothers Jamie Forese, CEO, Securities and Banking Institutional Client Group Citi Brian Friedman, ...

13. ‘Chasing Madoff’ movie review, trailer: Has feel of vanity
(Entertainment/Movies)

... earnest and awkward and self-righteous, repeat yet again that he warned the Securities and Exchange Commission ten years before Madoff’s final fall that the hedge-fund manager was a crook, that his astonishing ...

14. Where is a good place to put money right now?
(Money/Economy)

... in investment-grade securities. But it also can be used to manage interest rate risk and provide higher yields. The Floating Rate Fund invests in floating-rate loans or leveraged loans, which have interest ...

15. Daniel Trolaro of Oakland gets 6 years in prison for defrauding 9 clients out of $1.9M
(Money/Economy)

... out of more than $1.9 million. Trolaro, 35, who was a licensed insurance producer, securities dealer and certified financial planner working for the Prudential Insurance Company of America's West Essex ...

16. N.J. hit with third credit rating downgrade under Christie
(N.J./State)

... that led to the recession. While it is not couched as a response to the downgrade, the Administration is belatedly investigating S&P's erroneous ratings of mortgage securities during the housing bubble. ...

17. Credit Suisse Securities to repurchase $275.6 million in securities from New Jersey investors
(Money/Economy)

Will pay state $1 million in penalties The state Bureau of Securities has signed a final consent order requiring Credit Suisse Securities (USA) to repurchase auction-rate securities from New Jersey clients ...

18. What is the U.S. debt ceiling and why does it matter?
(U.S./Nation)

...  Longo: It actually owes it to two broad groups or parties. One is the people and entities who have bought U.S. Treasury securities, roughly half of whom are foreign investors – China and Japan are ...

19. Ten good reasons to buy the Appleseed Fund
(Money/Economy)

...  JS: We’re looking to buy undervalued securities for 50 cents on the dollar, on the one hand, and a portfolio that will outperform the S&P 500 over the long term, and still allow investors to sleep ...

20. Steve Jobs’ health hangs over Apple’s future
(Sci/Tech/Science updates)

...  Apple iPhone 5 to go on sale with iPhone 6 already in wings Arik Hesseldahl of Business Week says rules of the Securities & Exchange Commission are vague about how much a company has to disclose ...