You've probably heard about that sub-prime sauce your investment banker pals got drunk on. Well, this season, party organizers are getting pretty creative with credit-crisis themed holiday drinks. In its Injection of Liquidity party invite...
According to the Center for Economic and Entrepreneurial Literacy (CEEL), an overwhelming number of Americans are unable to answer some of the most basic questions about borrowing, interest rates, terminology, and even basic math. One in three...
In an article titled Retirement Casino, on p. 46 of our November 2008 issue, we made an error. In the graphic of an excel spreadsheet on that page, in the row corresponding to Retirement Alpha, the equation should read (2*(D14 +2*H16)/(D15^2 + H16...
AIG is bracing for a slip in business in the wake of its government bailout. There are several regulatory safety nets in place for troubled insurance companies—but the payment guarantees are limited.
Regulators typically offer a “settlement premium” that is meant to represent a discount on sanctions they would seek at a hearing or trial. Is it worth it?
Smart decisions are based on more than government statistics, agency reports, news releases, interest rates and stock quotes. We've selected a few fascinating statistics here that illuminate the markets, the world of financial services and big...
SEC In Madoff Squeeze: The $50 billion question on everyone's mind as investigators sift through files and records of Bernard Madoff is how and for how long did the 70-year-old money manager and pioneer of electronic trading get away with the...
