Word: investingations
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In the long run, a thorough reckoning is a healthy thing. Investor scrutiny of things once taken for granted - and an increased awareness of risk - is part and parcel of the aftermath of a burst bubble, and the lessons taught by Enron, if they're learned, make for a more...
But it's not the reputations and fortunes of Andersen or Enron that policy people at say, the Treasury Department are worried about - it's that of accounting, and investing, in general. Speaking to (and well beyond) a group of life insurers Wednesday, Treasury undersecretary Peter Fisher bemoaned that the...
Says David Certner, chief lobbyist for the American Association for Retired Persons: "In 401(k) plans, we are asking people to take the risk and responsibility for investing, yet we set up this system where we are violating the first basic rule of investing: diversification." Where company stock is a...
And of course no grandfather's tale would be complete without some moralizing. Sept 11 "left marks on the economy that will not soon fade," and in an irrational-exuberance moment Greenspan reminded his audience that economic forecasting - and its kissin' cousin, investing - has been made even more difficult by...
And investing in such an effort fulfills part of Harvard’s educational mission, Summers said.