Finance & Economics
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Articles concerning trends in the financial industry, including international equities, bonds, and exchanges, and their impact on the global economy. Also covers personal finance topics such as personal retirement. Articles concerning broader retirement initiatives, such as Social Security, are covered in a parallel "Policy" twine.
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State Unemployment "Little Changed or Higher" in October - Buy and Hold PlusThe Labor Department reported today that state unemployment rates were "generally little changed or higher in October." In 29 states and the District of Columbia , the unemployment rate increased. On the positive side, 13 states saw a decline in their unemployment rate, and eight states ...
Tony Wang
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19 hours ago
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Goldman Sachs CEO polishes firm's image - USATODAY.comGoldman Sachs should be celebrating. The company has posted outstanding results the first nine months of the year, and it's on track to be a top adviser in the lucrative mergers-and-acquisitions business in the fourth quarter. Yet, the mood at the investment bank seems to be one of crisis as it ...
JDP
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21 hours ago
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Shareholders Object To Goldman's Giant Bonuses - The Atlantic Business ChannelWhen journalists, pundants and Main Street complain about the ever expanding size of Goldman Sachs' bonuses, the criticisms roll like water off the squid's back. But the Wall Street Journal is reporting that some Goldman shareholders are latest to cry foul. And unlike pretty much everybody else, ...
JDP
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21 hours ago
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A Kinder Gentler CapitalismIt's official. Japan's long recession has finally ended. The small but highly productive nation has suffered enormous economic set-backs over the past two decades. To pull themselves out of the downturn, the Japanese business community and its government have followed a consistent and socially ...
Terence Washington
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21 hours ago
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'Tis the Season to Be Working for GoodTen years ago the annual NetImpact conference attracted a few hundred attendees. Last week the 2009 NetImpact Conference at Cornell University attracted 2,600 attendees (mostly MBA students) from 28 countries to explore the theme of Advancing Sustainable Global Enterprise. Conference hosts, ...
Terence Washington
added
37 hours ago
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93State Unemployment "Little Changed or Higher" in October - Buy and Hold PlusThe Labor Department reported today that 29 states and the District of Columbia saw an increase in their unemployment rate in October, with 13 seeing a decrease and eight showing no change. This continuing weakness in the jobs market is going to dampen consumer spending, and any recovery. ...Tony Wang added 19 hours ago
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1Goldman Sachs CEO polishes firm's image - USATODAY.comHow sweet and magnanimous - 2% of the amount of this year's bonuses to try and cover up that enormous theft from the economy in general and shareholders in particular. PLUS, with legions out of work on Wall Street, the LIE that such lavish bonuses are required to "keep the best and brightest ...JDP added 21 hours ago
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1Purdue Newsroom — New theory on fairness in economics targets CEO payFat chance on any "rational" theory guiding - or rather restraining - the sociopathic personal and corporate greed that has developed. That would take something like real application of anti-trust and anti-corruption laws, to the tune of breaking up many of the Fortune 500 and sending most of ...JDP added 41 hours ago
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1Geithner: some bailout funds to help lower debt - AOL Money & FinanceBlaming the new President and Congress for the economic mess could only be done by a Republican hypocrite with the memory of a slug [GW Bush? 6 years of Republican congressional control? massive "off budget" hidden unnecessary war spending with no-bid-for-our-cronies contracts, now honestly ...JDP added 42 hours ago
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1Morgan Stanley CEO loves regulators - seriously -- DailyFinanceWell sure he does! That's 11 or 12 FREE employees helping get back his company's tarnished reputation. Maybe employees that can give one some "culpable deniablility" - "Look they were here and all over us; we thought we were doing the right thing!" Of course, it could also be an admission ...JDP added 42 hours ago
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