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Simon Johnson, who served as chief economist at the International Monetary Fund in 2007 and 2008, is a professor of entrepreneurship at the Massachusetts Institute of Technology's Sloan School of Management. There are growing concerns that the ...
May 26, 2012 at 23:55 | Source: Bloomberg
It is no exaggeration to say that since the 1980s, much of the American (and global) financial sector has become criminalized, creating an industry culture that tolerates or even encourages systematic fraud. The behavior that caused the mortgage bubble and ...
May 23, 2012 at 05:22 | Source: Huffington Post
Maelis Mittig enjoys five iced espressos a week at Starbucks. And not a sip more. She loads $60 a month on her Starbucks card and when it's depleted, she's done. The same goes for spending on travel and restaurants, which she carefully budgets ...
May 29, 2012 at 08:56 | Source: New York Daily News
The U.S. is in a brains race, Kantrowitz says, and, to stay competitive, should devote substantially more resources to smart people who can’t afford college. In a recent conversation, Kantrowitz offered his take on federal education loan ...
May 29, 2012 at 03:41 | Source: Marketwatch
For most financial institutions, one of the more critical indicators of corporate health is the ability to access ongoing financing. Whether through deposits received from individuals, issuing corporate debt obligations or additional equity, or ...
May 29, 2012 at 00:43 | Source: Deseret News
FRANKFURT, Germany (AP) — A top European Central Bank official says the 17 countries that use the euro need an ‘‘urgent overhaul’’ of their banking and financial system to deal with the debt crisis, including a multinational authority ...
May 25, 2012 at 11:32 | Source: Boston Globe
DENVER, May 29, 2012 /PRNewswire via COMTEX/ -- SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, today announced the launch of a new Partner in Florida called Federated Law Group, located in Palm Beach ...
May 29, 2012 at 10:22 | Source: Marketwatch
A record 264,000 complaints were lodged about financial products and services over the past 12 months, with disputes about payment protection insurance (PPI) dominating the postbag, the UK's Financial Ombudsman Service (FOS) has revealed.
May 22, 2012 at 09:41 | Source: The Guardian
DOWNTOWN — Workers began adding First Financial Bancorp’s name to the city’s skyline on Friday. The two-week project that involves installing 310-pound letters to the east and south sides of the old Chemed Building, now called the First ...
May 26, 2012 at 04:07 | Source: Cincinnati.com
Nearly two months after missing the deadline, Miami on Tuesday published the city’s annual financial report. Ernst & Young, an outside auditing firm, gave an “unqualified” opinion on the accuracy of the city’s records for fiscal year ...
May 22, 2012 at 22:34 | Source: Miami Herald