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An upcoming paper in The Review of Financial Studies finds that since the global settlement, research from investment banks has, in certain ways, become less biased. An analyst is no longer more likely to issue a "buy" rating when his firm is doing investment banking business with the company he...

Author: /time Magazine | Title: Wall Street Stock Research: Soon, Less Independent | 4/25/2009 | See Source »

That's because miners, farmers and oil drillers, hit by the credit crunch, can't finance investments that would increase their production capacity. Many won't invest today even if they have access to financing because depressed prices make projects uneconomic. Indeed, when prices spiked sharply in 2007-08, it...

Author: /time Magazine | Title: What's Driving the Bull Market in Commodities? | 4/25/2009 | See Source »

Engrained in the mind of every American kid is the myth of the life-changing summer—those three languid months between the end of childhood and the first steps into real life, a series of long days without parents or school to live wildly, fall in love, and...

Author: By Madeleine M. Schwartz, CONTRIBUTING WRITER | Title: The Mysteries of Pittsburgh | 4/24/2009 | See Source »

With May matriculation deadlines fast approaching, does putting down a deposit mean you're out of luck if your finances are still in flux? Not necessarily. Many colleges keep reevaluating students' aid packages throughout the year. For instance, Rod Frantz, who works in marketing and public relations in Washington, applied...

Author: /time Magazine | Title: In Trying Times, Colleges Willing to Boost Financial-Aid | 4/24/2009 | See Source »

A further point of contention was HMC’s use of complex “structured finance agreements,” which created and linked so many investment entities that tax reporting became nearly impossible to conduct without attending planning discussions among the managers and HMC lawyers, Rose said...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

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