Archive Millennial Money with Cliff Mason

  Thursday, 19 Mar 2009 | 5:14 PM ET

Universities With AAA Credit? Rate Them F-Minus

Posted ByCliff Mason
The spectacularly ruthless and insanely generous Andrew Carnegie once said, "The man who dies rich, dies disgraced." I just saw that Harvard and Princeton both have AAA credit ratings, so allow me to paraphrase: "the university that lives with a triple-A credit rating lives disgraced." »Read more
  Wednesday, 18 Mar 2009 | 8:42 AM ET

AIG Gets Points For Chutzpah

Posted ByCliff Mason
You have to admit, AIG gets points for chutzpah. You could learn a lot from the people calling the shots at this company. Seriously. »Read more
  Thursday, 12 Mar 2009 | 12:21 PM ET

Time To Rethink The College Application Process

Posted ByCliff Mason
With job opportunities drying up left and right, here's to hoping one of the most disgusting and distasteful aspects of our culture finally keels over: the college application/prostitution process. »Read more
  Monday, 9 Mar 2009 | 9:21 AM ET

Revenge Of The Nerds - Not

Posted ByCliff Mason
There's a new study showing that it pays to be popular in high school - that each extra close friend in school is associated with earnings that are 2 percent higher later in life. »Read more
  Thursday, 5 Mar 2009 | 4:44 PM ET

What Is Good For GM & For America?

Posted ByCliff Mason
What's good for General Motors is not good for America, and vice versa. I  don't object to the government giving GM tens of billions of dollars so it can avoid bankruptcy, or at the very least liquidation. »Read more
  Wednesday, 4 Mar 2009 | 12:51 PM ET

Which Needs More Regulation - Wall Street Or Casinos?

Posted ByCliff Mason
How come casinos are so much more intensely regulated than Wall Street? Doesn't that strike anybody else as being kind of odd? »Read more
  Monday, 2 Mar 2009 | 4:33 PM ET

Colleges Shouldn't Be Run Like a Hedge Fund

Posted ByCliff Mason
At a time when fewer and fewer people can afford to pay for college, these schools are going out of their way to make higher education even more expensive. Their justification? Endowments haven't done so well lately. Since when did Penn or Harvard or Yale become for-profit institutions? »Read more
  Wednesday, 25 Feb 2009 | 12:24 PM ET

Obama's Speech: The Re-Education Of America

Posted ByCliff Mason
We are no longer a nation of idiots, or at least that's my takeaway from Obama's speech last night. It seems others agree. »Read more
  Wednesday, 25 Feb 2009 | 3:29 PM ET

Wanted: 100,000 Financial Cops

Posted ByCliff Mason
We've been getting away with operating on the cheap for decades, but now it's killing us. The problem isn't that the SEC is wasting its resources, it's that it doesn't have enough resources. »Read more
  Monday, 23 Feb 2009 | 5:14 PM ET

Is Now The Time To End Private-Run Prisons?

Posted ByCliff Mason
How's this for the war against the young: two judges in Pennsylvania who took kickbacks to send young offenders to two privately run "youth detention centers" plead guilty to wire fraud and tax fraud and got just 87 months in Federal Prison. That's right 87 months, not years. »Read more