Managing Mom’s Money? Do It Right.

Posted on 10/29/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsStacks of unopened bills, calls from creditors, compulsive purchases from websites or TV shopping networks, donating sums of money to questionable charities — these may be the signs that it’s time to talk to Mom and Pop about managing their finances. It’s not an easy talk to have. And it’s not an easy job to do. Handling the finances for your parents, or other elderly relatives, involves more than just paying their bills. To understand what’s involved in carrying out …

Could Howdy Doody Save Detroit?

Posted on 07/19/2013 by | In Other News . . . | Comments

Bulletin Today | Money & SavingsOn June 18, Detroit, which has been wallowing in something like $18 billion of debt, became the largest city in U.S. history to seek bankruptcy protection. Detroit’s creditors have already vowed to go to war over a proposal by the city’s emergency financial manager to settle with them for just pennies on the dollar. Now they’re floating the nuclear option: forcing a sell-off of the holdings of the museum of the Detroit Institute of Arts, which is home to 60,000 …