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Derivatives tripped up regulators: Geithner

Treasury Secretary Timothy Geithner is pushing the Obama administration's plans to regulate the exotic and opaque derivatives market, something that's long overdue. Let's face it, the US Government wasn't even aware of how serious a problem it's been. Associated Press rep...

Create Zoho Creator Web Apps from Microsoft Access Database

• Create Zoho Creator Web Apps from Microsoft Access Database • Next in your iPhone OS • Best Buy and TiVo Are Forming an Alliance • Readability - An Arc90 Lab Experiment • 15+ handy bookmarklets to power up any browser • Ubiquity 0.5 Preview Release • Jokeyphone • Online Casino Guide...

Chrome OS: The reflective phase

After the original explosion of Google Chrome OS related articles immediately after the announcement, today we get the day-after "thoughtful" posts exploring what it all means, and what will really happen with Google, Chrome OS, and the supposed arch-enemies of the two, Microsoft an...

Carbon market bonanza for accountants

First it was Sarbanes-Oxley. Now it looks like accountants will find that carbon trading a license to print money. Earlier this week, we had reports that the Big Four accounting firms are beefing their expertise and setting up climate desks for their clients which include high polluting oil an...

Want to Save Even More Money on Your Car Insurance?

© jurvetson Believe it or not, there are even more ways to save money on car insurance. As you have heard already, when you look around, you can find ways to save money on just about everything. It is also important to know that you probably have not heard them all, either. As you know, rate...

Los Angeles leads nation in mortgage fraud

If you own a home in Los Angeles, watch out for the scammers. Your city leads the nation in mortgage fraud , according to the FBI's annual mortgage fraud review. The FBI's Los Angeles field office took 9,971 reports of suspicious mortgage activity in 2008. That's far ahead of the secon...

Let's Retire F1's Bernie and Max Before it's Too Late

If ever we needed reasons to get rid of the two clowns who are running, and just about destroying F1, Bernie Ecclestone and Max Mosely continue to offer disgusting opportunities. First, Max gets caught with his pants down, playing Nazi sex games with paid floozies. Then Bernie reveals to a Daily...

Beware loan-modification scams

...g the roadway. These folks will do nothing to help you modify your home loan. They'll take your money, of course, but will provide precious little service along the way. These are desperate times...

Can YouTube survive?

How much money is YouTube losing? How much is it costing Google? That's been one of the fascinating questions doing the rounds for some time. And it's anyone's guess. Rhodri Marsden at The Independent suggests YouTube's future is not looking that flash. "YouTube's la...

China Restricts Virtual Currencies

A number of news sources ( Metaverse Journal , CNN , Venturebeat ) are covering new restrictions on virtual currencies in China. China's Ministry of Commerce has put an end to the exchange of virtual currencies for real money in China. The virtual world Second Life is the most well known o...

Save On Car Insurance by Raising Your Deductible

...ne. Unfortunately, this can mean that you are throwing some of your hard-earned money away. Saving money, however, means that you need to be willing to analyze your current expenses and then reducing ...

Another stimulus package

Last week, I did a blog entry saying that the appalling jobless figures in the United States were telling us one thing: that 19 months into this bad recession and the economic indicators are getting worse. So it's not surprising then to read Vice President Joe Biden telling George Stepha...

Neverland's future: up for grabs

...proach to finance was pretty similar to many American homeowners and businesses. Sucked in by cheap money, his assets including Neverland were mortgaged to the hilt and he was borrowing money from Son...

The Goldman Sachs-Rolling Stone slugfest

Hard to go past Matt Taibbi's piece in Rolling Stone where he accuses it of engineering every market manipulation since the Great Depression. Taibbi doesn't pull any punches either. He calls it the "Wall Street bubble mafia". He writes: "If America is circling the drain...

It's getting tougher to get a mortgage-broker license

It's harder to become a mortgage broker these days. Of course, it seems like an ever dwindling people want to be mortgage brokers today. Maybe, then, it's an example of everything working out the way it's supposed to. It's fairly obvious why there are fewer mortgage brokers out ther...

ExxonMobil funds climate sceptics

Fascinating to read the report of scientists warning Congress about "climate alarmism". It's fascinating because the crew includes retired manager for strategic planning at ExxonMobil Roger Cohen. Are ExxonMobil's footprints all over this? Maybe, when The Guardian reveals ...

Install OS X On SD Card

...ss, business school, raising money, company purchase • Billie Tweets - a Twitter tribute to Michael Jackson's "Billie Jean" • China Bans Gold Farming • Firefox 3.5 vs. Chrome 3 Sho...

Is plain vanilla the right goal?

As part of his efforts to protect consumers, and keep the country from suffering another wave of foreclosures, Pres. Barack Obama has called for the creation of a new consumer protection agency. The agency would have dominion over mortgage lenders. And as part of their new rules, mortgage lende...

Madoff gets the max! What now?

So as expected, Bernard Madoff got the max : 150 years in the slammer for perpetrating his vile Ponzi Scheme. For his part, Madoff delivered a big apology to the victims. But interesting questions remain. Was there money laundering involved? And if so, wouldn't that make some of his vict...

Credit Scores and Car Insurance

© me and the sysop One way to get better car insurance rates and save money is to keep your credit score in good shape. For some time now, insurers have been looking at credit scores in order to determine rates, according to an article by KOMOTV . This means that if you have not been payin...

Beware the China bubble

Worrying signs are emerging from China with reports that we are seeing the creation of an asset price bubble in that market. There was 4.57 trillion yuan (or about $US670 billion) of new lending pouring into the market but most of that was on speculative assets, not the real economy. Fitch Ra...

Jackson's estate: the blooduckers zero in

Michael Jackson had a weird life so it's not surprising that the story about the battle over his estate is getting stranger by the day. Now we are told that no will for Jackson has emerged and that his father, Joe Jackson, has issued a statement saying he and his wife, Katherine, have the...

Ruth Madoff's lost asset claims

With Bernard Madoff up for sentence tomorrow and likely to spend the rest of his life in the slammer, Reuters reports that his wife Ruth has come to a deal with prosecutors to forfeit her claim for $80 million of assets. Instead, she is left with a paltry $2.5 million and she has to find herse...

Another Way to Save on Car Insurance

© elisfanclub Car insurance exists because of the need to financially cover your obligations in the event of an accident, or of a loss. The insurer rates each customer for potential losses and then charges accordingly. You, of course, want to keep your perceived risk as low as possible so tha...

Saving Money on Your Car Insurance Tips

© Fabio Aro Car insurance agencies love some people because they do not think to ask questions about what they are buying. One thing that you definitely want to talk about is what kind of auto insurance discounts you qualify for. This is very important because there could be enough discounts ...

Michael Jackson's debt legacy

There's bound to be massive litigation over Michael Jackson's estate. For the last years of his life, the pop icon was bogged down in controversy. But more to the point, he was trapped in a quagmire of debt. As The Wall Street Journal tells us, he left this world with $500 millio...

Madoff's jail survival guide

Bernard Madoff, 71, gets sentenced on Monday and the tips are coming in on how he could best survive jail. Whether it's 12 years, as his lawyers have asked, or longer. Lawyers have told CNN he is unlikely to leave prison alive. Madoff is likely to be sent to a medium security jail. And ...

Windows 7 Pre Orders Begin Today Deep Discounts Available

Starting today, and lasting an undetermined amount of time, Windows 7 is available for pre-order; for a few of the varieties, pre-ordering will get you a pretty descent discount. I would act fast, because this deal is limited to an amount of licenses sold, not a set amount of time. Trust me, you...

Elevator pitch for the social enterprise

Have you ever heard the term "Elevator Pitch"? Well the term is certainly a commodity in entrepreneurship world and refers to the following situation: Imagine you are in the elevator with a big time investor from ground floor to the top of a building; you need his/her money to start your business bu...

Home sales rise again. Is this a housing recovery?

The sales of existing homes rose once again this May, according to the National Association of Realtors. The May increased marked the first time that national existing-home sales rose for two months in a row since September of 2005. This is good news for home sellers, many of whom have seen...

Pensioners kidnap and torture their investment adviser

Working as an investment adviser these days is dangerous. You risk incurring the wrath of financial crisis victims. And it doesn't matter how old they are either. Here's an extraordinary story about a financial adviser who was kidnapped and tortured by angry pensioners after he had lo...

Don't believe the homeownership hype

You should buy a home because it's the best lifestyle choice for you and your family. You shouldn't buy a house becasue it's a good investment. There's a simple reason for this: Homes aren't as good of an investment as real estate agents and mortgage loan officers make them out ...

3rd Party Blog

• 3rd Party Blog • The Story Of Twitter In Picture Form • 到底是 iPhone 3G S 还是 iPhone 3GS • Top 12 Important Social Media Stories This Week • ActivityBrain • 红鼎创投只是刘晓人借钱的一个招牌 • 科学家发现艾滋病病毒人体内藏身之地 • 新华社电视：开心网"粉丝"6天过2万 • Munster: Apple sold 750,000 iPhones last weekend • Inve...

Get a Handle on Expenses

Karin Price Mueller had a piece not long ago on how to get a handle on your expenses that should be required reading if you manage a business. This is not the kind of economy in which you should be spending unnecessarily. Some expenses are obvious areas to pare back, but others-those vampire expen...

Can You Get Money from the Government? Maybe...

Michael Sanibel had a helpful blog post recently on government grants. He looks at all the basics: What is a grant? Who can qualify? How do you apply? What types of grants are available? What are the advantages and disadvantages of getting a grant? Why would a grant application not b...

Can Wind Power Make a Profit?

© Tracy O Forbes took a look at that question this month. Forbes looks at one specific example... A windmill doesn't make economic sense, even though this poor entrepreneur is gouged 19 cents per kilowatt-hour from his utility. A 121-foot, 100-kilowatt turbine from Northern Power runs $...

How to Save Money When You Buy Auto Insurance

© smartvital Buying auto insurance is not the same thing as buying an electronic item in a store - although it would be nice if it were that easy. Instead, in order to find a good deal and save money on auto insurance, you will need to do some research and shop around. Getting the best deal...

Heavenly Treasures Jewelry

Gold and Gemstone Jewelry Heavenly Treasures is a family run jewelry business. Exquisite Jewelry, Exceptional Value - Guaranteed ! That's the Heavenly Treasures commitment. One that ensures you the kind of high quality jewelry creations you don't see everywhere. And the kind of prices ...

Save Money on Auto Insurance

© Stig Nygaard Auto insurance is something that a lot of people pay more for than is necessary. There are many steps that you can take to reduce your monthly costs and save money. One way to get your low cost auto insurance is to get a number of auto insurance quotes and then compare them. ...

Beware of loan-modification scams

As the number of housing foreclosures across the nation continue to rise, something else is on the upswing, too: loan-modification scams. The scammers target homeowners who have fallen behind in their mortgage payments or those who are facing foreclosure. They promise to modify these homeowners'...

Virtual Goods and Real Value

Have you paid money recently for a new outfit for your Second Life avatar? Or to send a friend a teddy bear on Hi5? We talked not long ago about virtual currencies . Now VentureBeat has an article out on virtual goods. And they say that while the actual good might not be "real," their v...

Change Your Thermostat’s Setting to Save Money on AC

© bunky's pickle Another great way to save money on your air conditioning bill this summer is to change the setting on your thermostat for your central air conditioning. If you do not have one that you can automatically set, then you may want to get one. It is a good idea to set it at a...

CIA recruits bankers

If you've been retrenched as a banker or hedge fund manager, don't worry. There's plenty of work out there, if you want to become a spook. The CIA is now running a recruitment ad for bankers to come on board and "assess foreign economic policies and foreign financial issues&qu...

Mafia cashes in on crisis

Fascinating story in the Financial Times about how the Mafia has been cashing in on the financial crisis with two apparently "Japanese" men bringing $134 billion worth of fake Treasury bills into Switzerland. The men were questioned by Italian police who subsequently let them go. Sur...

NFL Week 6

AP Photo/Kevin Higley I guess the millions Ryan Leaf made getting his dozen or so touchdowns (and twice as many interceptions) in the NFL playing for the San Diego Chargers near the end of the century just wasn't enough. The number 2 pick for San Diego's Chargers was arrested trying to...

Securing pharma supply chain: Is now the right time?

The shadow of economic downturn has decreased the attention and buzz around some previously hot topics: One of those areas is the subject of counterfeit drugs in pharmaceutical industry. Supply and Demand Chain Executive has recently published a piece covering this area highlighting the fact...

Firefox 3.5 beta users will receive update to early release candidate

• Firefox 3.5 beta users will receive update to early release candidate • MLB.com Streams Live Baseball Games to the iPhone • Phase 4 Of Facebook's Systematic Attack On Twitter: The Everyone Button • Iran Military Warns Online Media • LOVEBOX - your digital wristband to help raise money...

More Tips to Save Money on Air Conditioning

© parcelbrat One thing that will really help a home to absorb heat is the outside color of your home. The darker the color of the outside the more heat that your house will absorb. If you want to lower the cost of your air conditioning over the summer months then you need to have a lighter co...

Throwing the book at Madoff

Bernard Madoff, who has pleaded guilty to 11 charges of fraud, money laudnering, perjury and theft, faces up to 150 years in jail. And his victims want exactly that! The New York Times reports that Madoff's victims, many of them widows and war veterans had sent 100 emails and letters to t...

Other Money Saving Tips for Your Air Conditioning

© redjar Probably one of your biggest monthly expenses comes from either heating or cooling of your house. This also means that it is an area where a lot of money can be saved, too, if you follow some money tips. If you buy window air conditioning units, it is not a good idea to buy one that...

How'd the mortgage meltdown happen? NPR knows

One of the problems with the mortgage mess that is still slowing the nation's economic recovery is that so few of us regular homeowners understand how everything went so bad so fast. I mean, I cover this stuff for a living, and it confuses the heck out of me, too. You can't rely on the main...

微软将于本月底停止销售 MS Money

微软日前表示 ，计划本月底停止销售理财软件 Money，但现有用户可以继续使用这款软件并访问网络服务。 Money 网站发布消息称，该产品需求在萎缩，"银行等金融服务机构提供有多款个人理财产品，消费者对 Money Plus 的需求已经发生了变化。" 市场研究公司 Directions on Microsoft 分析师 Matt Rosoff 说，"我认为，停止销售 Money 是一项节支措施，"微软已经砍掉了 Encarta 百科全书、Digital Image Suite 等产品，"微软在与 Intuit 的竞争中运气不够好。&...

Another Way to Save Money on Air Conditioning Costs This Summer

© me and the sysop One condition in your home this summer that will make you feel like you want to turn on the air conditioner is humidity. We all know what sticky weather feels like and how that makes it feel muggy - and we want quick relief from it. The hotter it is the worse the high humid...

Save Money on Air Conditioning This Summer

© randyr.net As summer comes your way, you know that keeping your house cool will also become a concern. This year, however, you can take some steps before it gets here to save money on your air conditioning bill. Follow these five steps to keep you're A/C bills lower this year: 1. Mak...

Want a better credit score? Manage your money

If you want to become a homeowner, you're going to need a good credit score, unless you have piles of cash lying around. For most, though, the credit score is the key to determining whether they will qualify for a mortgage loan. Lenders want to see a high credit score — a numerical f...

Recession and marriage

It seems the recession is saving marriages. Or it might be prolonging the agony. In Britain, The Independent reports that accountants Grant Thornton have found that fewer couples are divorcing. Plummeting property prices means it's just not worth it, even if it means prolonging a bad marr...

Rules for Blogging

There are four basic purposes for writng. You can write to provide information. You can write to entertain. You can write just to express yourself. Or you can write to persuade. If you think that "to make money" should be on the list somewhere, and that is your primary purpose for writin...

13-inch MacBook Pro 2009 拆解

• 13-inch MacBook Pro 2009 拆解 • Free broadband won't entice all • Pre Recovery Tool Leaks Out, Including webOS Root Image(!) • Smartphone Rises Fast From Gadget to Necessity • Lawyers plan class-action to reclaim "$100M+" RIAA "stole" • Apple stuns WWDC crowd with ...

Save Money by Not Paying for Water

© stevendepolo Many products contain a lot of water. The water bulks up the product, costs more to package and ship, and of course, costs you more to get it, too. When you really think about it, this means that you could save money by buying the same foods - but without all the water added to...

What economy? CEO private jets take off

Despite unemployment in the US reaching 9.4% and foreclosure rates topping 300,000, as reported by Bloomberg , it's heartening to see some things don't change. Pay perks for chief executive officers, despite their abysmal performance, are soaring with reports that more are taking to u...

Outsourcing Your Dating Life

© annie.kisskiss A number of sources ( TechCrunch , Online Dating insider , VentureBeat ) have reported on a new service that lets you outsource all the stuff involved in online dating - for a mere $480 a month. VirtualDatingAssistants.com will do the work of creating your profile and scre...

Save Money on Groceries by Using All Your Food

© bucklava In most homes, it is rare that everything is eaten with each meal - unless you simply are not serving enough food. Generally, you will have some of this and some of that left over. While it may be tempting to throw out these small portions, you can save money on your grocery bill i...

Create Your Own Ring at Amazon

Now you can choose your engagement and wedding rings right at the comfort of your home with Amazon . You get to choose exactly what you want — size, shape, setting, color — without the pressure and awkwardness of having a salesman hovering over you. And because there are no overhead...

Snow Leopard makes 7 look expensive

I would rate the Apple WWDC splash this year as "about average." In other words, not a lot of the unexpected, nothing really revolutionary, and not much in it for business users. The new iPhone looks nice, but the much touted speed and MMS enhancements are inapplicable or delayed on...

Are reverse mortgages the next trouble spot?

I've learned not to necessarily trust everything that mortgage professionals say. But that's because I've been covering the mortgage and real estate industries for more than a decade now. I can see why others, though, might listen intently to what mortgage loan officers tell them. ...

Supply chain video: Short interview on SC Finance

Ariba, the provider of spend management solutions, is spending :) lots of money recently to promote the on-demand solutions it's offering the practices associated with them. Among some of the materials they have published recently I came across this video which is a nice interview with Mark ...

Recession Forces More Golf Deals

Necessity is the mother of invention. How true, especially these days. If you have wandered through your favorite department store recently, you've probably seen some pretty amazing deals: 60 percent off, buy one, get two free - that kind of thing. Retailers are desperate to move mercha...

It's Not Called a Sunroof for Nothing

Summer, for those of us who live up north, is special. It raises hopes for the future, gets us outdoors, even encourages a change of wardrobe. It's also the beginning of the sunroof season. Thus I'm about to have a hole cut into my 2003 Focus ZX5 so that a pop-up sunroof can be fitted. Am...

Save Money by Avoiding Shopping at the Local Convenience Stores

...ng. People expect to pay more at a convenience store - and tolerate it. If you want to save more money, however, you should try and skip the convenience store. Instead, buy your groceries where pric...

Getting the Most for Your Dollar

© korom Frommers recently published a very useful article on the value of the U.S. Dollar overseas. The piece tells you where you can get the most for your money this summer - assuming that your money is in dollars... The Frommer's piece compares the price of a movie, bus fare, a cup o...