Wednesday July 21st, 2010
The Double Dip ApproachethMarketwatch - Economists and financial analysts are currently arguing whether the economy will experience a "double dip," a recession followed by a short recovery, followed by another recession. Read the full story...
Is the Market Rigged?
Yahoo Finance/Investopedia - During the financial crisis that started in 2008 we constantly heard and read about corruption and scandal on Wall Street. We became familiar with terms such as overleveraged, mortgage backed securities, recession and liquidity crisis. We also are reminded of the more recent scandals when we hear names such as Bernie Madoff. Read the full story...
Did Goldman Get Off Easy?
U.S. News - In the wake of the Securities and Exchange Commission's announcement that it has settled its case against Goldman Sachs, experts are divided about who exactly comes out ahead in the proposed deal. For its part, the SEC, which is trying to revive its reputation as a watchdog after it largely fell asleep at the switch in the years leading up to the recession. Read the full story...
"The Rich are Winning"
Yahoo Finance/Marketwatch - You may have been hearing a lot of doom and gloom about the economy recently. OK, so the news on jobs, real estate and retail sales has been dismal. Yes, maybe it's true the middle class is broke, in debt, under water, out of work and in despair. Read the full story...
Nine CEOs Who Should be Fired
The Huffington Post - Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards. Read the full story...
