Stock Quotes

DJIA10564.38  chart+11.86
NASDAQ2340.68  chart+8.47
S&P 5001140.44  chart+1.94
2010-03-09 16:03

Mark-To-Market Accounting

What’s Mark-To-Market?

Since the recent economic turmoil began, there has been a lot of talk and discussion about mark-to-market accounting.  If you’re like most people, you have no idea what this esoteric term means.  Simply put, mark-to-market accounting is an accounting method that assigns a value (or “mark”) to an asset based on it’s current market [...]

Fox Business News Interview

Tonight I just wanted to post this Fox Business News interview they had with Ron Paul. I have to say that this guy has been ahead of the curve on just about everything regarding the financial crisis.

One great point he makes in the interview is that we need to allow home prices to fall [...]

The Low Down On Dividends

“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.”
- John D. Rockefeller

What Are Dividends?

Today I wanted to take some time to talk about dividends.  For those of you new to investing, dividends are cash distributions that companies pay directly to their shareholders.  When a company earns a [...]

Somali Pirates in Discussions to Acquire Citigroup

Someone passed this fake news article along to me today.  I thought it was somewhat amusing in a twisted sort of way so I decided to post it below.  I figured with the market in disarray we could use a good laugh.

 

Somali Pirates in Discussions to Acquire Citigroup

By Andreas Hippin
November 20

(Bloomberg) — The Somali pirates, [...]

A Tip For The Auto Exec’s…

Dear Rick Wagoner, Alan Mulally and Robert Nardelli,

The next time you plan on appearing before congress to ask the government for money, it might be a good idea NOT to arrive in Washington via private jets.

Love,

Generation Y

 

In all seriousness, I’m not trying to turn this into an anti-automaker website but come on… use some common [...]

Goldman Exec’s Forgo Bonuses

Over the weekend Goldman Sachs’ announced that CEO Lloyd Blankfein and six other top executives will forgo their 2008 bonuses. The move came as a result of increasing mortgage defaults and declining profits at the Wall Street bank.  Even though Goldman has weathered the financial storm better than their competition, it’s clear that this [...]

Freakonomics Q&A With Ron Paul

Yesterday I was reading the New York Times Freakonomics blog, when I stumbled upon an interesting interview they had with Congressman Ron Paul from Texas. For those of you who don’t know, Ron Paul ran for President this year in the Republican primaries.  Here are some excerpts from the interview where he talks about his economic [...]