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MBA turkeys and the market
in Sox First, on November 8, 2009
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Earlier this year, I did a blog entry slating the business schools for helping create the market meltdown. The Women on the Web site followed up with a brilliant roll call of MBAs, or Masters ...
Obama dismantles post-Enron reforms
in Sox First, on November 5, 2009
...to financial reporting and the way companies are run. This is a disgrace. After last year's market meltdown, what we need are tougher rules. But this latest waiver is consistent with the administrati...
!0 more to be charged with insider trading
in Sox First, on October 21, 2009
...n the culture of Wall Street that bends rules and even breaks laws. Unfortunately, it took a global meltdown for that to happen. But what's interesting too is the way investigators are using aggress...
Did brilliant minds create the recession?
in Sox First, on October 18, 2009
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Did smart people cause the financial meltdown? It's a point raised by Calvin Trillin in the New York Times . Brilliant people entered the world of derivatives and credit default swaps, lure...
The US Chamber of Commerce Faces a Meltdown
in Bizinformer, on October 11, 2009
When the U.S. Chamber of Commerce recently took a strong stance against federal policy and legislative proposals to regulate greenhouse gas emissions, several companies left the Chamber in protest. The event has brought scrutiny to bear on the Chamber’s president, Tom Donohue.
A number of ...
Bankers' cocaine binge
in Sox First, on October 11, 2009
...oke in recent years. It's now a lot cheaper than it was a few years ago. So to what extent was the meltdown fueled by coke abuse? It's something we will never know for sure, but it's worth keeping in...
Should ratings agencies go the way of Arthur Andersen?
in Sox First, on October 3, 2009
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Having dragged the world into financial meltdown, ratings agencies are now in the gun with new rules requiring them to provide the Securities and Exchange Commission with data showing past info...
The financial meltdown and tell-tale emails
in Sox First, on September 15, 2009
Should UBS be held accountable for selling toxic collateralised debt obligations? The Wall Street Journal reports that UBS staff knew these debt securities were bad and sent off emails making that point quite clear. "OK still have this vomit?" one email said. Another email was just ...
The next bubbles
in Sox First, on September 12, 2009
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All bubbles lead to a meltdown. This is what's so alarming in this Business Insider piece that talks about 10 bubbles in the making: China; gold; renewable energy; the Fed snapping up $1.25...
魔兽 人物模型 手办 巨魔 牧师(小号)
in Wangtam, on 2009-09-09
... At Home
• Services' E-Mail Hacking Illegal, but Officials Need More Than That to Prosecute
• HowTo: Rebooting the RSS cloud
• Video Games, Xbox Games, PC Games, Computer Games, PS2 Games, a...
STOP Your Child’s Allergy Disease March without the OUCH!
in Allergies, on September 3, 2009
...opYourAllergies.com a national, physician-based, patient-focused allergy services company offering environmental and food allergy testing, custom formulated immunotherapy vaccine (SLIT DROPS or tradi...
Commercial real estate to create a new mortgage crisis
in Sox First, on August 31, 2009
...pancy and rents of their office buildings, hotels and stores would keep rising. But with the market meltdown, the opposite has happened so a growing number of properties aren't generating enough c...
Accounting fee growth slows
in Sox First, on August 18, 2009
...this one , on how accountants seem to be recession-proof. Still, it seems like the global financial meltdown is finally catching up with bean counters, although you would hardly call it a sector in tr...
Citigroup and Norwegian greed
in Sox First, on August 11, 2009
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So the fallout from the meltdown continues with reports that Norwegian municipalities and a bankrupt securities broker, Terra Securities, are suing Citigroup for $200 million after losing all t...
A Mighty (Wonderful) Struggle
in Eagle Par Birdie, on August 10, 2009
...nd putted, Woods out-did him on the first 5 holes.
That would usually have meant a complete mental meltdown for other tour players - even world-ranked players like Sergio Garcia.
But Harrington didn...
Spooks and the financial crisis
in Sox First, on August 7, 2009
...ct Committee on Intelligence , the Office of the Director of National Intelligence says that global meltdown is a significant issue for US intelligence operatives. "While economic security does ...
Is Ryanair's pee fee the answer?
in Sox First, on August 2, 2009
...ay, I looked at how the aviation industry was nose diving, cranking up big losses from the global meltdown and swine flu. But one airline seems to be doing okay and weathering the storm. Ryanair is...
Is Ryanair's pee fee the answer?
in Sox First, on August 1, 2009
...ay, I looked at how the aviation industry was nose diving, cranking up big losses from the global meltdown and swine flu. But one airline seems to be doing okay and weathering the storm. Ryanair is...
Goldman Sachs in the gun
in Sox First, on July 30, 2009
...s probing Goldman Sachs and Deutsche Bank in relation to possible fraud connected to the market meltdown. The WSJ reports: "The congressional investigation appears to focus on whether interna...
Poor Bernanke
in Sox First, on July 30, 2009
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Bernanke got poorer in the market meltdown. As Bloomberg reports, the former economics professor's assets fell 29% last year as the financial crisis eroded the value of his assets. Or did ...
2010 Buick LaCrosse Makes its Marque but is it Enough?
in carzz.org, on July 22, 2009
... Now that Buick has been identified as a survivor from the GM meltdown the autoworld is busily trying to decide what makes a Buick and what can be done to make it succeed. GM itself is pointing at t...
Why a carbon tax is better than cap and trade
in Sox First, on July 18, 2009
...ts and driving up the price of permits, a carbon market bubble would have the potential to make the meltdown in the US housing market look like a picnic. We have no idea how to regulate the market, ca...
Home construction starts rise. Another sign of a recovery?
in The Mortgage Roadmap, on July 17, 2009
...e out of jobs, they're not going to go house shopping.
It took a long time for us to reach the meltdown point in the U.S. housing market. Expect it to take a long time for us to dig our way out o...
CalPERS sues ratings agencies
in Sox First, on July 16, 2009
...e been prime targets for litigation as their conflicts of interest contributed to the global market meltdown. But they have always defended their actions, hiding under the First Amendment of the US Co...
Goldman Sachs: behind the numbers
in Sox First, on July 15, 2009
...ess was helped by the fact that Goldman Sachs had converted to a commercial bank amid the financial meltdown last year to gain access to Federal Reserve resources. No wonder the bank reimbursed the $1...
Jackson's funeral: taxpayers foot the bill
in Sox First, on July 9, 2009
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The California economy is in meltdown. So why do taxpayers have to pay for Michael Jackson's funeral? An expensive live event for a dead superstar. The Los Angeles Times reports that inquir...
The Goldman Sachs-Rolling Stone slugfest
in Sox First, on July 3, 2009
...s a good read. My only issue with the piece is that it ignores many of the villians who created the meltdown. Moderation is not Taibbi's strong point but hey, it reads well. And the Empire has st...
Did Sonia Sotomayor's mortgage views help send county into recession?
in The Mortgage Roadmap, on June 23, 2009
...vative commentators on FOX News and other stations putting the blame for the country's mortgage meltdown on the poor and on the federal agencies that tried to get them into homes.
Their reasoning...
Does owning a home have to be the American Dream?
in The Mortgage Roadmap, on June 17, 2009
...roblems, don't we? And today, a lot of us are busy looking for people to blame for the mortgage meltdown the country is currently suffering through.
You know all about the meltdown: Housing forec...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
...eck out of me, too.
You can't rely on the mainstream media to help you understand the mortgage meltdown, either. That's understandable. Newspapers cover news as it happens. Their stories usua...
Mortgage interest rates went up. Don't panic!
in The Mortgage Roadmap, on May 28, 2009
...'t make much sense. Mortgage loan officers are swamped these days. The weak economy and housing meltdown has chased many from the business. Those that remain are handling more work than ever thank...
Kapalua Saved. PGA Sighs With Relief
in Eagle Par Birdie, on May 8, 2009
...39;s get right to it.
I note that the PGA Tour has landed its first new sponsor since the economic meltdown. Depending on which economist you like to believe in, that could be the first new sponsor s...
Bankroll blues
in Sox First, on May 7, 2009
...hat that the top 25 originators of subprime loans, the $1 trillion worth of assets that created the meltdown were owned and financed by investment banks now receiving bailout money. Investment banks o...
I never thought it would get this bad: Rupert Murdoch
in Sox First, on May 6, 2009
...K papers will lose money "for a year or three" and admits he was taken by surprise by the meltdown. "I never thought it would get this bad," he says. That's a really bad scena...
The next accounting battle
in Sox First, on May 3, 2009
...d probably comes too late. Off balance sheet vehicles were one of the reasons the markets went into meltdown. Using borrowed money, investment banks, hedge funds and commercial banks made reckless bet...
Costs of IFRS conversion
in Sox First, on April 1, 2009
...US to adopt International Financial Reporting Standards (IFRS) had slammed into reverse. The market meltdown has created widespread opposition to the move. Now CFO.com reports that an Accenture stu...
Unemployment to soar: bleak times ahead
in Sox First, on March 31, 2009
... contract, after shrinking by about 20% in 2008, Gurría warns of a massive impact on society. The meltdown is turning into a jobs and social crisis and the question is are we prepared? Gurría says: &...
G20 protest meltdown
in Sox First, on March 28, 2009
... of how polarized the world has become in the wake of the financial meltdown with anti-capitalists, environmentalists, radical academics and resurgent anarchists preparing themselves for massive prote... ...hyperbole, it's another sign of how polarized the world has become in the wake of the financial meltdown with anti-capitalists, environmentalists, radical academics and resurgent anarchists prepar...
RFID in times of recession
in The RFID Weblog, on March 27, 2009
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Global meltdown has cast its ominous shadows on almost every sector around the globe and how could the RFID industry stay untouched.
On the whole the projected growth rates of the industry are ...
Recession to last three to five years
in Sox First, on March 10, 2009
...n," he says. Still, there is room for some optimism. Kind of. Roubin says the risk of a total meltdown has been reversed for now. Instead, the economy is going through "a death by a thousan...
Detroit and the rest: how the crash will reshape America
in Sox First, on March 3, 2009
The recession sweeping through America will reshape the major cities. One of the most obvious places is Detroit which, according to this news report , would have the cheapest houses in the country. The median price of a home sold in Detroit in December was $7500. That's right, not $75,000 b...
Dumb money and the meltdown
in Sox First, on February 24, 2009
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The financial meltdown was not brought on by sleaze and greed. According to writer, Daniel Gross, it was caused by dumb money. Plugging his latest book , he explains more here . "The Dumb ...
Dubai bailout
in Sox First, on February 24, 2009
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The meltdown from the credit crisis, combined with a 74% drop in oil prices, is hurting Dubai which has the world's tallest building, most expensive hotel suite and largest man made islands. D...
The Stanford-Madoff connection
in Sox First, on February 22, 2009
...emerging. Allen Stanford and Bernard Madoff are the first two big frauds that have come out of this meltdown and they won't be the last. Furthermore, both cases raise questions about how investors...
The Great Depression Ahead by Harry S Dent
in Sox First, on February 21, 2009
...nvestor George Soros and former federal Reserve chairman Paul Volcker saying the global financial meltdown is worse than the Great Depression, it might be time to look at Dent's book . Dent, a...
The Two Trillion Dollar Meltdown by Charles R Morris
in Sox First, on February 20, 2009
...987 stock market crash and the collapse of Long Term Capital Management were a practice run for the meltdown. All reflected the shift to deregulation, the agency problem where no-one is sure that comp...
Pontiac, Great Indian and GM Chief, Soon to be Buried
in carzz.org, on February 18, 2009
...ast gasp was the G6 , a rear-drive performance sedan whose launch sadly coincided with an economic meltdown.
If ever there was an example of mismanagement by product heads who had no understanding ...
Stimulus Hype: Sorting Out Keynes (Part III)
in Bizinformer, on February 15, 2009
...the role of Alan Greenspan in the development of the economic insanity that helped fuel the current meltdown.
Dick Morris does a good rendition of the "less spending, smaller government" ...
The meltdown and fascism: minister warns
in Sox First, on February 10, 2009
In his book The Subprime Solution , economist Robert Shiller warns that in good times people are willing to co-operate and accommodate others but when optimism for the future turns sour, they become angry, fearful and selfish. The Great Depression therefore led to the rise of fascism, anti-Semi...
IMF risks running out of cash
in Sox First, on February 10, 2009
... the US budget deficit for instance could very well top $2 trillion - to fight the global financial meltdown. They are about to be joined by the International Monetary Fund. IMF managing director Dom...
Climate change and fires
in Sox First, on February 9, 2009
...l crisis but that's ignoring the obvious and they are in denial. However terrible the financial meltdown might be, it's never destroyed houses, towns and lives....
Global crisis creating turmoil
in Sox First, on February 3, 2009
... blog entry looking at whether the riots in Paris would spread around the world. Will the economic meltdown create urban unrest and violence? Apparently it's happening right now. Check this han...
Google GDrive online storage & backup service leaked
in Wangtam, on 2009-02-01
...rld Economic Forum - WELCOM
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Guess who's coming to Davos
in Sox First, on January 27, 2009
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The financial meltdown has hit the world's most prominent gabfest which kicks off in Davos today. Last year's event included Bill Gates, Bono and Queen Noor (pictured above) but this year&...
The meltdown's rogue gallery
in Sox First, on January 26, 2009
... crisis? The Guardian's City editor Julia Finch picks out the 25 who were at the heart of the meltdown . The list is headed by former Fed chairman Alan Greenspan who allowed the housing bub...
Financial meltdown claims its first casualty
in Sox First, on January 25, 2009
...n is whether Haarde is the first. How many more political casualties can we expect from this global meltdown?
...
Financial crisis to drive fraud claims
in Sox First, on January 22, 2009
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The financial meltdown will result in more fraud claims and legal disputes, according to the latest report from risk management consultants Kroll . The alarming part about this report is the war...
Wall Street to Obama: the banks are insolvent
in Sox First, on January 21, 2009
...hase, Morgan Stanley and Well Fargo. Dr Doom, economist Nouriel Roubini who predicted the economic meltdown has warned that the US banks are effectively insolvent. He has told told a conference in ...
Don Witt Predicts VoIP Surge in 2009
in The VoIP Weblog, on January 17, 2009
...hat a struggling economy in 2009 will lead to a surge in VoIP deployments.
"The stock market meltdown will increase VoIP growth," Witt writes. "More and more executives will be under ...
Maths and the meltdown
in Sox First, on January 15, 2009
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One of the big drivers of this financial meltdown were the econometric models that saw mathematics guiding investor behavior. The reality is that the big drivers of bubbles are social and psychol...
Subprime meltdown drives litigation
in Sox First, on January 8, 2009
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The financial meltdown is driving litigation. New data released in the Securities Class Action Filings: 2008 Year End Assessment , from Cornerstone Research and the Stanford University Law Schoo...
Rise of the new consumer
in Sox First, on January 7, 2009
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The market meltdown is changing consumer behavior. And it will produce a new consumer. Retailers tell me consumers are still buying, they're just not spending as much. Instead of a $20 bunch ...
Diagnosing the liquidity and credit crunch
in Sox First, on January 7, 2009
...n is different and this one is no exception. That's why comparisons with previous downturns and meltdowns are meaningless. It also explains the growing number of analytic studies that are now emer...
Fair value blow for banks
in Sox First, on January 1, 2009
...asing a 211 page report that fends off the banks' claim that fair value created the financial meltdown, even though they made a fortune out of it when times were booming. The SEC said banks onl...
The year ahead: what to expect?
in Sox First, on January 1, 2009
...h you can watch on this video published The New Republic . He predicts a deeper recession with the meltdown continuing for another 12 months and US unemployment likely to hit 9%. He also warns that a...
Microsoft Zune Users Report New Year's Meltdown
in The Mobile Technology Weblog, on December 31, 2008
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Microsoft hasn't been available for comment on what victims are calling the Zune 30 Midnight Meltdown but forums around the globe are ablaze with complaints and demands for updates from Microso...
Niall Ferguson: The Ascent of Money
in Sox First, on December 23, 2008
...signal the end of US global primacy and transform the global world order. That is why the financial meltdown is now reshaping politics and society. Ferguson's central point is that money, for all...
Economic forecasts - dark days ahead
in Sox First, on December 22, 2008
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How bad is the meltdown? There are dire predictions from Miguel Angel Fernandez Ordonez, the Governor of the Bank of Spain. He says it's the worst since the Great Depression of 1929. "T...
The new mattress stuffers
in Sox First, on December 12, 2008
...tress stuffing. According to Penn, it's come back with a vengeance in the wake of the financial meltdown. Baby boomers are now buying gold coins, sales of home safes and vaults are surging and sal...
George W rewrites history
in Sox First, on December 12, 2008
...in response to the financial crisis, Bush "responded with bold measures to prevent an economic meltdown." Which is why we have had a meltdown and the worst financial crisis since the Great ...





