Stock and accounting fraud are nothing new. And yes, we have plenty of home-grown frauds. (Remember Enron?) But so far this year, the vast majority of stock fraud seems to be coming to American investors by way of China.
Wall Street
Why Do We Cheer for NBA Stars But Not for Bankers?
There was something dramatic and striking about the Dallas Mavericks’ victory over the Miami Heat in the NBA Finals on Sunday. No, it wasn’t the caliber of play – which was high – nor the sight of the vaunted Miami “Dream …
Tech Stocks: Should You Buy the Bubble?
How to find under-appreciated bargains in the midst of the latest hype over high-tech companies.
Markets Plunge Because of Greece, China, and the U.S. (Or so they say.)
Another day, another market plunge. Yesterday was notably sharp, with all major indices declining more than 2% and getting worse as the day wore on. The story du jour – and it is an axiom of market declines that there must be a …
Where Would You Rather Be a Consumer?
Here are your choices: A world with “a level playing field where the best products at the best prices win,” or in “the Wild West where companies use deception to pick off every consumer they can get in their sights.”
‘Greed Is Good’ and the 80 Greatest Quotes About Money from ’80s Movies
This week, moviegoers are being reintroduced to Gordon Gekko, the (hated? beloved?) villain of Oliver Stone‘s 1987 film “Wall Street.” In the sequel, “Wall Street: Money Never Sleeps,” there are sure to be attempts at topping the brilliant, much-quoted lines of the original. In the trailer, Mr. Gekko (Michael Douglas) says, “Someone …
12 Signs of Continued Hard Times
Including more participation in food stamp programs and more people drinking beer at home, along with fewer people investing in stocks, buying videogames, going to the movies, and working at jobs that match their skill sets.
Cheapskate Wisdom … about Main Street Anger over Wall Street Bailouts
“It’s like watching the emergency room doctors save the life of the drunk driver who just plowed into the car in which your family was riding.”
How the Economy Is Still Affecting How We Work, Shop, and Live—and How Many Ex-Cons Are Out on the Streets
Compared to the recent past, you’re far more likely to be driving an old clunker, piling up speeding tickets, and living with either Grandma or a spouse you can’t stand. You’re also less likely to reside in Las Vegas, Orlando, or a state prison.
Attention: It’s OK to Buy Stuff Again. Just Be Quiet About It
After enduring month after month of conscientiously not spending, people in certain circles are experiencing “frugal fatigue.” Is an epic shopping binge inevitable?
Reading Your Way Through (and Perhaps Out of) Tough Financial Times
Who doesn’t love a good page-turner about economic meltdowns?
Career Thrown Off Track? Ten Ways to Reinvent Yourself (Some of Them Serious)
The recession has lasted longer than any in history—certainly long enough for the unemployed millions to realize that their old jobs are gone for good, and that it may be time to make some dramatic career shifts.
