A 2014 Cheat Sheet
We know what you’re thinking. If only all the invaluable information contained in this issue could be distilled to one handy list—a series of tidbits you could use to impress friends, foes, spouses, and maybe a few teenagers. Reader, wish no longer.
Looking Ahead: Expect a year of investigations, litigation, and settlements involving UBS, JPMorgan Chase, Deutsche Bank, Barclays, Citigroup, Bank of America, and other banks.
The Big Number: Geico spent $1.12 billion on advertising in 2012.
Quoted: “I drive a Tesla now. The sedan. It’s awesome, by the way. Everybody’s going to have one in 10 years.” Eric Smith, CEO of Swiss Re Americas, which encourages employees to think green
The Big Question: Actually, there are two of them: When will the Fed slow its $85 million monthly bond-buying program? And will it ever raise its target interest rate?