Over the weekend, a Senate Committee headed by Carl Levin released dozens of 4 private Goldman Sachs e-mails. (UPDATE: Dozens more were voluntarily released by Goldman.) They show the computer chatter among Goldman’s top brass, and top mortgage market players during mid-2007, which is the time the housing market was going from …
It’s a Deal: Baskin Robbins 31¢ Scoop Night
On Wednesday, April 28, from 5 p.m. to 10 p.m., participating Baskin Robbins ice cream shops will be charging just 31¢ per small scoop. Customers are also asked to consider making a donation to the National Fallen Firefighters Foundation.
Congress drops the ball on ratings agency reform
Today the Senate’s Permanent Subcommittee on Investigations held a hearing on the role credit ratings agencies played in the financial crisis. These are the companies that gave high marks to securitization deals, like the one Goldman Sachs is currently being sued over, even though the underlying collateral—namely, home loans—was …
Save Money, Save Paper, Save the Earth, Save Yourself a Trip to the Supermarket
A roundup of 91 tips that’ll help you make efficient use of natural resources, your finances, your time—and also, printer ink.
mid-morning must reads: The Other Goldman Scandal, Southwest’s Baggage Bonus
—Another day, another Goldman scandal. To me, this one is not that damning, at least not to Goldman. To Raj Gupta, that’s another story. To me it is going to be hard to claim that he didn’t know he was passing along insider information. He certainly shouldn’t have told anyone about board business. But I could see him telling a family …
80 Great ’80s Movie Quotes about Money (Cont.)
Why the ’80s? The decade was all about money, introducing the world to the yuppie and crack, along with film characters like Tony Montana and Gordon Gekko, who seemed to coin slogans about money, wealth, capitalism, and, most memorable of all, greed, every other time they spoke. (We were supposed to be reintroduced to Mr. Gekko this week …
Just How Weak is the Case Against Goldman Sachs?
A growing number of people are chiming in to say that the SEC case against Goldman Sachs is not as strong as it seems. Not sure why they would say that. I have read the SEC complaint a few times and it seems like damaging stuff to me. Even if Goldman didn’t break the disclosure rules that are at the heart of the case against it, the …
Enjoy Hulu for Free While You Still Can
The days of free TV shows on Hulu may be numbered. The online service is seriously looking into charging viewers a subscription fee of $9.95 a month if they want to continue having access to the most comprehensive range of programming, and the changes could occur as soon as next month.
How the Credit CARD Act WON’T Help Consumers
There are plenty of myths and misunderstandings when it comes to credit cards, especially what card issuers are and aren’t allowed to do after the passage of the CARD Act.
80 Great ’80s Movie Quotes about Money
Why the ’80s? The decade was all about money, introducing the world to the yuppie and crack, along with film characters like Tony Montana and Gordon Gekko, who seemed to coin slogans about money, wealth, capitalism, and, most memorable of all, greed, every other time they spoke. (We were supposed to be reintroduced to Mr. Gekko this week …
How much would financial reform hurt New York City?
Today President Obama gives a speech on financial re-regulation in New York City—a.k.a., the city he and Congress are out to hurt with financial re-regulation. Okay, I exaggerate. Although as my colleague Michael Scherer pointed out yesterday, if financial reform is done right, Wall Street banks will see profits decline, at least in …
It’s a Deal: 40% Off Timberland Purchases
Use the coupon code FFAPRE10 (thanks Buxr) to get 40% off purchases made at Timberland.com. Valid for discounts through April 26.