How does a "trusted contact" help protect you? For years, banks and brokerage firms have wanted rules surrounding customers' accounts. For example, if a teller or broker sees an elderly client pulling large amounts of money out, or witnesses suspicious account activity, whom could they call? No one really - until now
The ripple effect started with One Rock Capital, a New York private equity firm that bought a paper mill in Longview, Wash., and then petitioned the Commerce Department for tariffs. Now, newspapers around the U.S. have begun layoffs.
Erin Arvedlund writes a weekly column for the Inquirer on investing and personal finance. Her first book was Too Good to Be True: The Rise and Fall of Bernie Madoff (Penguin).