Judging from afar, seeing a zero percent interest credit card may seem like the best deal ever. But is this really true? Can you really get a 0% interest credit card these days with no catch or tricks hidden

Peter Santoro, head of institutional markets at Citadel Investment Group LLC’s investment banking arm, has left the firm. Changes within the firm’s executive ranks signal a new emphasis on credit trading at Citadel Securities. Two months ago the company’s investment banking unit chief, Rohit D’Souza, departed and CEO Kenneth Griffin replaced him with Patrick Edsparr.

The Vanguard Group Inc., the retirement plan provider and investment manager, says CEO F. William McNabb III will take on the role of board chairman in January. McNabb, 52, succeeds John J

Goldman Sachs Group Inc.’s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices. The executives will instead receive stock that cannot be sold for at least five years, the New York-based bank said Thursday. The majority of compensation for Goldman’s senior management has traditionally been paid out in year-end bonuses.

Putnam Investments is discussing launching actively managed exchange-traded funds. “As actively managed ETFs become a reality, we want to be part of it,” Robert Reynolds, president and CEO, said in an interview. The firm is having conversations about the pros and cons of offering active ETFs versus mutual funds, he said

An investment fund manager from Tennessee drew a 14-year prison sentence Wednesday in a $33 million Ponzi scheme that cheated more than two dozen investors in the United States, Germany and Costa Rica. Paul Knight, one of four people convicted of conspiracy, fraud and money laundering charges, also was ordered to make restitution to victims of the two-year scam. At least $13.6 million has not been returned to investors defrauded between July 1999 to July 2001, prosecutors say

Danger! Three Stocks to Avoid in 2010 by Louis Basenese , Small Cap and Special Situations Expert Thursday, December 10, 2009: Issue #1155 “Never lose money.” That’s Warren Buffett’s No. 1 rule of investing.