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Margin Call Review, and Life Imitates Art at MF Global87

Margin Call Review, and Life Imitates Art at MF Global

Margin Call imitates life in the last hours of Lehman Brothers and "life" imitates art in the last days of Jon Corzine's MF Global.

42 comments    money finance investing
FROM HOOVERVILLE TO OBAMAVILLE: A New Breed Of Homeless Emerges From The Embers of The Great Recession81

FROM HOOVERVILLE TO OBAMAVILLE: A New Breed Of Homeless Emerges From The Embers of The Great Recession

Economic catastophe has hit the United States before. The Great Depression caused devastation and country wide homelessness from 1929 to the early 40's. Colonies of homeless built shanty homes to dwell in, these shanty's were called Hoovervilles for the Herbert Hoover, the president in office. Today, our Great Recession, caused by the housing bubble burst in 2008, has seen thousands homeless turn to living in tent colonies. Those colonies are called "Obamaville."

3 comments    children california unemployment
Chief Financial Officer Duties84

Chief Financial Officer Duties

CFO's Checklist When formulating a financial plan and financial policies for his firm the financial manager will find the outline and other information on this page useful. The outline was prepared for Professor Pearson Hunt's financial management course at Harvard Business School.

10 comments    business bankruptcy dell
Recession: What is it and How did we get there?95

Recession: What is it and How did we get there?

Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research organization amongst economists, has a special...

18 comments    life advice finance
The Tumble of Post-Industrial Society68

The Tumble of Post-Industrial Society

The Tumble of Post-Industrial Society By Dmitriy Belyanin The sub-prime mortgage crisis in the United States of America and the beginning of recession in Europe have created doubts about the sustenance...

0 comments    politics europe recession
CORPORATE LEADERSHIP,VALUES AND DECISION-MAKING--at Harvard Bus. Sch.-Hewlett/ EXXON/Richard Branson/Tyco64

CORPORATE LEADERSHIP,VALUES AND DECISION-MAKING--at Harvard Bus. Sch.-Hewlett/ EXXON/Richard Branson/Tyco

Coincident with the trial and conviction of Harvard Business School alumnus, Jeffrey Skilling, and hits on the business community delivered by Eliott Spitzer in the mutual fund, investment banking, brokerage and insurance industries, HBS instituted a required MBA course in business ethics.

4 comments    global warming wal-mart sec
Which banks are in the most trouble now?72

Which banks are in the most trouble now?

After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown...

18 comments    finance loans banks
Two more banks fail, Mutual of Omaha acquires deposits63

Two more banks fail, Mutual of Omaha acquires deposits

Just two weeks ago IndyMac became the second largest bank failure in our country's history. Ever since that time, the speculation has become more and more rampant by the day as to which bank may be the next...

3 comments    finance loans mortgage loans
10 American Financial Meltdowns in the Past Century69

10 American Financial Meltdowns in the Past Century

Banks failed, stock prices collapsed, and panic descended on Wall Street. Americans were holding their collective breath as a rescue plan was hastily drafted. The 2008 financial crisis? Nope - it was the...

2 comments    finance poetry politics
Mortgage Meltdown- The Beginning Part 258

Mortgage Meltdown- The Beginning Part 2

The information I am giving is of course in my words only and my experience related work. I have not referenced a lot because I was working through all of these years and while I may be leaving out some of the...

2 comments    credit loans mortgage
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