NEW YORK (TheStreet) -- The New York Federal Reserve said it has postponed a planned auction of $1.67 billion worth of assets of the Maiden Lane III portfolio that it acquired during the bailout of AIG. The submission deadline for the auction was supposed to be Thursday. The Reserve Bank did not give a reason for the postponement of the auction. Sources familiar with the matter said the auction ...
But while that ad is far less ambiguous than most, Ben Stuart, a brand strategist at Schwab, says the impetus was simply to highlight the company's private client services, which enable clients to be hands-on with investments rather than completely deferring to financial advisors.
