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Quote, Unquote: Biased Credit Rating Agencies?

Fri Nov 20th, 2009

Justin Rohrlich

“We believe that the credit rating agencies, in exchange for fees, departed from their objective, neutral role as arbiters. At minimum, they were aiding and abetting misconduct by issuers.&rdqu

Why Cutting Pay Will Make Goldman Bankers Richer

Fri Nov 20th, 2009

Michael Comeau

Should Goldman Sachs (GS) pay its vaunted legions of bankers and traders less money?According to the Wall Street Journal, some of the dominant global investment bank's major shareholders are answerin

How Your 401(k) May Be Hurting You

Fri Nov 20th, 2009

Matt Ford

A popular prescription in the personal finance domain is to increase or maximize annual contributions to 401(k)s or similar retirement plans. However, one of the best financial decisions I’ve m

Ben: It's All Part of My Master Plan

Thu Nov 19th, 2009

Ron Coby

Editor's Note: See Ron Coby's first "letter" to Ben Bernanke here.  And his "thank you note" to Ben here. This is for illustrative purposes only and isn't an offer to buy or

The Real Reason Small Business Loans Are Gone

Wed Nov 18th, 2009

Mike Mish Shedlock

In what should be no surprise, banks are cutting back on small business loans. Please consider CNN Money's Small business loans: $10 billion evaporates.  Eight months after President Obama bega

Rags to Riches CEOs: Angelo Mozilo

Wed Nov 18th, 2009

Josh Lipton

In 2005, Barron’s called him one of the 30 best CEOs in the world. Then Fortune placed his firm on its list of “Most Admired Companies”. One year later, American Banker presented hi

Rags to Riches CEOs: Frank Stronach

Wed Nov 18th, 2009

Scott Reeves

Frank Stronach, chairman and founder of Magna International (MGA), launched his empire by making 300,000 sun visor brackets for General Motors. The rest, as they say, is history.Nine years after the

Trading Radar: Put On Your Year-End Rally Cap

Fri Nov 13th, 2009

Minyanville Staff

Earnings season has now came to a close and for the most part, reports were better than expected. Thanks to cost cutting methods the majority of the companies were able to post bottom line beats. Ear

Six Things to Do After a Job Layoff

Fri Nov 13th, 2009

Associated Press

Don’t sit around in shock, take action.The shock of being laid off barely had time to set in before Jim Wessel began looking for another job.Released as purchasing director for a resort one Fri

Does Another Round of Beer Mergers Make Sense?

Fri Nov 13th, 2009

Scott Reeves

Mass-produced beer is a slow-growth industry, and major brewers have merged in an effort to cut costs and grab market share. But consolidation may be little more than a short-term fix. The best known
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