Word: investingations
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People now know that this crisis was years in the making. Stocks kept climbing because executives kept finding creative new ways to hide the truth and fake a profit, to pretend they were investing money rather than just spending it. The revelations make for some dark magic now. When $2...
"I've been a stockbroker for 15 years," says John Guyette of Greeley, Colo., "and I can't recall a feeling of outrage like there's been lately with these stories. And then you see the pictures of the homes these guys are building..." It's a short road from...
[WHAT BUSH SUPPORTS] "We're moving corporate accounting out of the shadows, so the investing public will have a true and fair and timely picture of assets and liabilities and income of publicly traded companies. Greater transparency will expose bad companies."
In the roaring '90s, many people lost sight of timeless investing principles; some are still stubbornly clinging to their tech stocks, hoping for a turnaround. They need to adjust. Many stocks are still expensive relative to their expected earnings, and some pros still foresee a cathartic selling spree that will...
The U.S. Attorney’s office contends that Shleifer had engaged in unethical behavior and breached agreements with the government by investing hundreds of thousands of dollars in Russian companies while he was managing U.S. government aid, which was being funneled to the Russian government through HIID.