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11.20.2009 10:34 am

Limiting credit card fees might not help consumers, GAO says

St. Louis Post-Dispatch

Retailers have been screaming for years about the high interchange fees they pay to banks for the privilege of accepting Visa and Mastercard, and they tried unsuccessfully to get a fee limit included in this year’s credit-card legislation. Now the Government…

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10.27.2009 11:59 am

Automatic feature boosts 401k participation

St. Louis Post-Dispatch

All the behavioral theories about workers’ inertia appear to be true. According to a new Government Accountability Office study, participation in 401k plans is boosted significantly when employers add an  automatic-enrollment feature.  The GAO reviewed six other research efforts, which…

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09.29.2009 4:57 pm

401k plans could be tweaked to reduce leaks

St. Louis Post-Dispatch

When the Government Accountability Office talks about preventing leakage from 401k plans, it isn’t talking about the bear market that siphoned a big gusher of money out of your account. That, presumably, would have been difficult to prevent. Rather, a…

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08.04.2009 5:04 pm

GAO calls for major restructuring of Postal Service

St. Louis Post-Dispatch

If you want to learn why the U.S. Postal Service needs to close some post offices in St. Louis, a Government Accountability Office report from last week is a good place to start your education. Here’s the big-picture problem:

USPS now projects mail…

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