One of the things that has become rather apparent as we’ve muddled through this recession, caused by a financial crisis, is that the system is designed to protect big financial institutions, and does very little to protect ordinary consumers who are often caught in the crossfire — even if they are doing what they’ve been told is the “right” thing to do. Retirement expert Jane White offers a historical view of the financial situation, as well as insight into what you can do to shore up your own retirement, in her forthcoming book, America, Welcome to the Poorhouse: What YOU …read more

Banks will be reluctant to raise dividends any time soon.