Beware of fake mortgage ‘fixers’
In the housing market collapse, a new breed of rip-off artist has emerged, promising a better deal to those who fear losing their homes. Here’s what to watch out for.

Cost of the Bush era: $11.5 trillion

Can your Mortgage be your Savings Account? Posted By : rateempire
It is becoming increasingly popular to use a mortgage in lieu of a low-interest savings account. Is this a good idea?

A weak economy keeps stocks in check
The S&P 500 and the Nasdaq see small gains, but the Dow has its fifth loss in a row. Yahoo picks a new CEO. Citigroup and Morgan Stanley will combine their brokerages as Citi returns to its banking roots. Bank of America falls 7% on profit worries.

Managerial Incentives and Corporate Fraud: The Sources of Incentives Matter

Operating performance and stock return results imply that managers who commit fraud anticipate large stock price declines if they were to report truthfully, which would cause greater losses for managerial stockholdings than for options because of differences in convexity. Fraud firms have significantly greater incentives from unrestricted stockholdings than control firms do, and unrestricted stockholdings are their largest incentive source. Our results emphasize the importance of the shape and vesting status of incentive payoffs in providing incentives to commit fraud. Fraud firms also have characteristics that suggest a lower likelihood of fraud detection, which implies lower expected costs of fraud.

Help! My post-divorce debt is killing me!

Fuel Posted By : Steven G
When it comes to business and finance there is a big problem with the ethics of the men and women behind big oil and the government officials that have been elected to keep the well being of the country in check. This article is about the high costs of fuel and some corresponding issues.