AMERICA saw meltdown in real time after two artists installed a 1,500lb ice sculpture that spelled the word "Economy" in Manhattan's financial district and left it to melt. picked by davethefish 1 year ago

Forget Suze Orman, the latest financial advisor is Ms. Hilary Duff. She doles out advice to her fans on credit card use and abuse. picked by musicgirldani 3 years ago

They also closed their own Madoff accounts at that time and withdrew hundreds of thousands of dollars each, prosecutors said. The two men, who started to work for Mr. Madoff in the early 1990s, left in December 2008, according to the S.E.C. complaint. picked by drogue 2 weeks ago

So far, three UBS customers whose names were given to U.S. authorities under the prior agreement have pleaded guilty to tax charges in federal court. Hundreds of others with secret accounts at UBS and other Swiss banks have voluntarily come forward to the IRS under an amnesty program that requires payment of taxes and penalties. Update to: http://www.nytimes.com/2009/02/19/business/worldbusine... read full post picked by DerAlt 4 months ago

Chinese banks have stopped financial transfers to North Korea under government orders as part of sanctions imposed for Pyongyang's nuclear test, bank employees said Friday, in a possibly serious blow to the country's frail economy. picked by robfouryqr 3 years ago

What is sauce for the goose is not always sauce for the gander.

And sometimes that misunderstanding results in no sauce for anyone. picked by Pocksucket 2 years ago

Alan Greenspan says he is in a "state of shocked disbelief" that the concept of self-interest did not protect the banks from taking excessive risks and destroying themselves. But he, along with Tim Geithner and Larry Summers and many others, are missing the fundamental flaw in the system. The bankers don't care about the banks; they care about the bankers. picked by theclansman 9 months ago

Many politicians, protest leaders, military chiefs, and well educated people turn to fortune tellers for advice on rulings, financial matters, and love. Astrology has been so imbedded in the culture that the leader of a pro-establishment street movement, Sondhi Limthongul, announced that his female followers had smeared menstrual blood on the monument of a 19th century Thai king in order to supern... read full post picked by Bingo 4 months ago

For those of us who follow the market, Lehman Brothers, the 5th largest investment bank in the world has filed for Chapter 11 bankruptcy. And Merrill Lynch is being purchased by Bank of America. And AIG is in serious s**t. picked by sykeo56 1 year ago

From Bush to Clinton to Greenspan to American Consumers ... not that many who are not to blame! picked by qpon 10 months ago

Developing Story on his Financial Dealings picked by JoshSF49 12 months ago

Video gaming is a multi-billion dollar industry where one successful title can lead to an enormous financial return. For every successful video game title, there are numerous disasters that may bankrupt an entire company. We have compiled the Top Ten Video Game Disasters. picked by 1krazykorean 2 years ago

A new report has revealed a staggering 99.7% drop in the value of UK bank shares purchased by the Chairmen and CEOs responsible for running these financial institutions since the collapse of Lehman Brothers last September. picked by iamamaniac 9 months ago

David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead this morning. picked by DemureArt 7 months ago

Yet another all-female college had to face financial reality and open their doors to men as well as women. As usual whenever an institution tries to stop the prejudice and bigotry of the past, they get sued by the female students & alumni trying to stop the integration. The same women who sue all-male institutions forcing them to take on women. picked by 2manyusernames 1 year ago

By Senior Economics Lecturer at Harvard University, Jeffrey Miron.

" The right view of the financial mess is that an enormous fraction of subprime lending should never have occurred in the first place. Someone has to pay for that. That someone should not be, and does not need to be, the U.S. taxpayer." picked by JoshSF49 1 year ago

This time it is a real estate guru in Chicago. Shot himself to death in his Jaguar. We are starting to mirror situations in the Great Depression more and more each day. picked by Moe 11 months ago

Federal Reserve Chairman Ben Bernanke continues with his semi-annual testimony before Congress Wednesday morning. Bernanke will face Dr. Paul and the Congressional Committee on Financial Services on Wednesday July 16 at 10:00 a.m. EDT. Be sure to tune in on CNBC, Bloomberg, or CSPAN. To watch online, tune into CSPAN.org. picked by siennablue 1 year ago

If you can't put the screws to 'em one way, may as well try another.

And no, it's not Bernie. picked by meggysue 3 months ago

...amid financial worries... (heehee)

Tycoon Hugh Hefner has been advised to cut back on staff at his multi-million dollar glamour empire as it struggles to cope during the global economic turmoil.

The 83-year-old has been told to lay off some of his staff at his Los Angeles and New York offices as soon as this month or go bankrupt. picked by Nateebiinature 1 year ago