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1987’s Wall Street was an instant classic. Its even, flowing pace was peppered by clever dialogue, convincing characters, and clean, almost mythological themes. Charlie Sheen’s Bud Fox, a hot young broker faced with an ethical dilemma, boldly sacrificed his career to do what he felt was right. Michael Douglas’ indomitable Gordon Gekko acted both as […]
India’s currency, the rupee, now has its own symbol, thanks to Indian Institute of Technology post-grad D Udaya Kumar, whose design was chosen in a national contest. Kumar will get an award of Rs 250,000, nearly $5,400–and India will get a new currency symbol. The Times of India has more: The Indian rupee will soon […]
Money.co.uk has a neat infographic on Swiss bank accounts. There’s some serious money going through them.
What does the bond market think of Barack Obama? He’s risky, according to a Bloomberg report: While Treasuries backed by the full faith and credit of the government typically yield less than corporate debt, the relationship has flipped as Moody’s Investors Service predicts the U.S. will spend more on debt service as a percentage of […]
Image: Lucid Investing The Oracle of Omaha, though he had some say behind Kraft sweetening its Cadbury deal, still doesn’t like it. The New York Times reports: “I’ve got a lot of doubts about the deal,” (Mr. Buffett) told CNBC’s Becky Quick. As before, Mr. Buffett’s concern remains the use of Kraft stock to pay […]
The Financial Times recently learned that the Financial Stability Board, a global regulator focused on the G-20, has created a list of 30 financial institutions considered systemically important in case of a future financial crisis. The companies on the list are likely to spread systemic financial risk around the world. To prevent contagion, regulators plan […]
This is a blog post by Drea Knufken. What’s the next big bubble? Green energy? Gun sales? Food? Nobody knows for sure. Based on our research, 12 new bubbles already show potential to make and ruin investors. The markets listed below range from bubble-in-the-making to ready to pop: 1. Gun sales Anticipating anti-gun legislation, certain […]
Matt Taibbi’s latest Rolling Stone article, “The Great American Bubble Machine,” undresses Goldman Sachs–and finds a “giant vampire squid wrapped around the face of humanity.” Not only do former Goldmanites essentially run the world, they help manufacture and burst economic bubbles, harvesting mean profits the entire time. Taibbi details how the bank manipulated investors, starting […]
At the risk of losing half of you at the mere mention of accounting, I’m going to do it anyway. Accounting can be confusing, but wrapping your mind around a few key concepts can put you far ahead of your competition. What is Accrual Accounting? A lot of the confusion in formal accounting comes from […]
Online tools and investment software enable investors to track their investments’ potential, ideas, and records in more detail. They are most useful for intermediate to advanced investors. In this article, we’ll differentiate between online tools and investment software, explain the perks of each, give you a list of the best ones, and cover some additional […]
Credit concerns got you down? If you’re worried about your credit score, rest assured there are easy ways to improve it. Try these five tips to boost your credit score: 1. Use credit cards. No credit history is just as bad as a horrible credit history. If credit cards make you nervous, only use yours […]
