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Moodys Cuts Ratings of 15 Banks
(NY Times) - Already grappling with weak profits and global economic turmoil, 15 major banks were hit with credit downgrades on Thursday that could do more damage to their bottom lines and further unsettle equity markets.
(NY Times) - Already grappling with weak profits and global economic turmoil, 15 major banks were hit with credit downgrades on Thursday that could do more damage to their bottom lines and further unsettle equity markets.
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IRS to Review Whistleblower Program for Speed, Quality
(Reuters) - The Internal Revenue Service is planning a "comprehensive review" of its embattled whistleblower program to improve the speed and quality of its decisions, an agency official said in a June 20 memorandum.
(Reuters) - The Internal Revenue Service is planning a "comprehensive review" of its embattled whistleblower program to improve the speed and quality of its decisions, an agency official said in a June 20 memorandum.
The First Five Years of the iPhone Obsession
(Business Week) - On June 29, 2007, the first iPhone went on sale. The Apple (AAPL) device benefited from breathless advance buzz but also had its skeptics: It cost $600 and had no physical keyboard, limited e-mail options, and no copy-and-paste. In hindsight, it was clearly dumb to bet against Steve Jobs & Co. Apple has since sold more than 217 million iPhones.
(Business Week) - On June 29, 2007, the first iPhone went on sale. The Apple (AAPL) device benefited from breathless advance buzz but also had its skeptics: It cost $600 and had no physical keyboard, limited e-mail options, and no copy-and-paste. In hindsight, it was clearly dumb to bet against Steve Jobs & Co. Apple has since sold more than 217 million iPhones.
Why Borrowing From Your Broker Is Risky Business
(Smart Money) - The practice, known as stock-based lending, has been going on under the radar for years, experts say. But with other forms of credit still scarce, many investors are tempted -- despite some not-so-obvious risks.
(Smart Money) - The practice, known as stock-based lending, has been going on under the radar for years, experts say. But with other forms of credit still scarce, many investors are tempted -- despite some not-so-obvious risks.
The Unhealthy Fear of Risk
(CFO) - Some executives seem to be more concerned with making sure bad things do not happen than they are eager to make good things happen.
(CFO) - Some executives seem to be more concerned with making sure bad things do not happen than they are eager to make good things happen.
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A Tale of Two Write Ups
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