Finance
Mark to Market Accounting and the Bankers on Greedsville
04/08/2009: Demand and supply is what drives the markets today and has always been the reson for the markets to act in the manner they do. The theory of demand and supply applies to everything from the restaurants we pick to the cars we drive, from the equities we choose to the “complicated” derivatives we choose… »
I have no Money
This is the most common phrase a person in this economy is bound to utter now a days. Its become the new mantra of 2009 and rightfully so. In this phrase “I” refers to the households, small businesses, non public entities (perhaps even publicly traded BIG firms). According to the BEA of the U.S. Department… »