8 lessons from the meltdown
These teachings won’t replenish your family treasury. But someday, and maybe even before the markets recover, the knowledge will prove valuable.

Dow falls 90, hits new bear-market low
Worries about Citigroup and Bank of America plus Hewlett-Packard’s weak forecast push the Dow below its November closing low. Jobless claims also weigh on stocks. Whole Foods Market soars on better-than-expected first-quarter earnings.

Dow up only 3 as economic worries persist
An early rally fades quickly, although chip stocks are strong. Hewlett-Packard earnings disappoint. The Fed sees economic weakness well into the fall. President Obama outlines a plan to help mortgage-burdened homeowners. Housing starts in January plunge to a record low.

Editorial Statistics

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.

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.

Are university presidents overpaid?
As higher-education budgets are slashed and President Obama tries to cap some Wall Street execs’ pay, the salaries of colleges’ top administrators get closer scrutiny.

World’s economies tumbling like dominoes
Almost everybody now realizes how grave the crisis has become. But we won’t be able to escape from this dark place until we understand how we got here.

Mortgage Loan Basics: Interest Only Loans, Pay Option ARM Posted By : rateempire
To understand loans and mortgages we need to understand loan limits first. If your loan amount exceeds the amount below, you will qualify for a Jumbo Loan, which carries higher interest rate.

5 ways for us chumps to fight back
Those who were financially responsible don’t have a lot to show for it, but folks who took big risks are getting bailouts. Here’s how we can stop being played for suckers.