Zachary Minter

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Best Commission-Free ETFs

Are you a cost-conscious fund investor? Check out our list of the best zero-commission ETFs. The list combines what discount brokers offer in commission-free fund buying with our own take on cost efficiency in portfolio management.<p>Funds from Vanguard and Schwab dominate the winners’ circle, but …

Twitter IPO Tax Tips Worth Tweeting

The Twitter IPO news is exciting. Yet it also is opening an old wound. Many companies–even some that are not paying tax–get big tax write-offs for stock options that actually cost the company very little. Facebook got pilloried over the issue since it received tax benefits far beyond simple …

Twitter Prices IPO Above Estimates At $26 Per Share, Raising $1.82B At Valuation Of Up To $18B

Twitter will start trading at $26 when it goes on sale, according to an announcement made today by the company on Twitter. That’s on the low side of expected pricing but still above the new official range that Twitter released yesterday.<p>At $26 the proceeds of the sales of 70 million shares of …

SAC Agrees To Plead Guilty To Insider Trading

Reaching a plea deal with federal prosecutors, the hedge fund firm SAC Capital Advisors has agreed to plead guilty to insider trading, pay a $1.8 billion fine and end its investment advisory business.<p>Reuters reports:<p>"U.S. prosecutors on Monday filed a letter describing the deal to the judges in a …

How General Motors Was Really Saved: The Untold True Story Of The Most Important Bankruptcy In U.S. History

<i>Editor’s Note: Lots of people–including President Obama–have trumpeted their role in the success of the government-backed turnaround plan that saved General Motors, the most important industrial company in the history of the United States.</i><p><i>But on the fifth anniversary of the crisis, Forbes presents</i> …