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| Suze Orman's Next Chapter Thanks to the economic downturn, the number of self-proclaimed “financial experts” has skyrocketed. Yet Suze Orman,#61 on last year’s list of Forbes’ 100 Most Powerful Women, remains America’s most acclaimed money expert. Dubbed “the Queen of the Recession” and the “High Priestess of Finance,” Orman serves as the trusted advisor to millions with her no-holds-barred advice, coupled with a genuine sense of empathy and compassion toward those looking to her for financial salvation. IRS Wins $62M GE Tax Shelter Case You would expect a tax shelter designed to save General Electric $62 million in taxes to be complicated. You would be right. The Second Circuit upheld a ruling against General Electric's financing arm that charged the conglomerate with understating its income. See TIFD III-E Inc. v. United States. The court said the IRS was right and IRS penalties were correctly applied. See General Electric Loses IRS Appeal on Dutch Bank Tax Benefits. The Dovish Fed And The Impact On Your Investments On Wednesday, the Federal Open Market Committee (FOMC) voted to keep its interest rate target unchanged through at least late 2014. Just last month, the FOMC listed mid-2013 as the possible date for the first rate increase. Daily Dividend Report: PH, MCD, SBUX, COST, HCP Parker Hannifin Corporation (PH) announced its quarterly dividend of 39 cents per share, an increase of about 5% over its prior dividend in November of 37 cents. The dividend is on payable March 2, 2012 to shareholders of record as of February 10, 2012 and is the Company's 247th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $59 million. |