Deals of the Day: Want Some Legacy Assets? Lehman Has a Deal for …
Wait and see: Wall Street reacted cautiously to talks by the Obama administration to overhaul pay practices at financial companies. [WSJ] Related: Executive pay and the push to repay TARP. [WSJ] Related: So much for the TARP talent …  read more…

work: Businesses Quit Slashing IT Budgets
Christopher Rence, chief information officer at Fair Isaac Corp., which makes tools that help financial companies determine creditworthiness, doesn’t expect more cuts to his 2009 budget. It stands at about $65 million after $4 million …  read more…

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About 80% of finance companies allow a transfer with a new name on the lease, another 10% allow the transfer but don’t remove the original name, and 10% don’t permit transfers, said Scot Hall, executive vice president of operations with …  read more…

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What’s the payout comparison between network Marketing Companies

Hello everyone!
Here’s how you can save money in this economy
How would you like $20K worth of training for free??
This is to show people that it’s a great idea to really research your choices for network marketing businesses.
In this video I share with you more of my thoughts on getting another form of income and the systems necessary to have the success you’re looking for in internet marketing as well as network marketing or any other types of direct sales business such as real estate or insurance sales, etc.
These are some our back office systems for internet marketing for the network marketer.
Getting new people is essential and our contact management system is 2nd to NONE.
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How to pick a good business
Million dollar earners club for Xango
Average monthly incomes in Xango during this financial crisis
Why should you join a network Marketing company Why Xango
What’s the payout comparison between network Markeitng Companies

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Open Question: can i ask my employer to consider me for voluntary redundancy?
My company have been making staff redundant since last September in order to reduce costs, as the company is in financial difficulty. As far as I am aware the company have cut jobs to what they believe is down to their core work force.

I have been looking for a new job and attended an interview this week and was offered the job today and I have accepted. Rather than me handing my notice in, is it possible for me to apply for voluntary redundancy or is this only an option if it is presented to the employees by the employer?

  read more…

Open Question: What could be my research question? Any suggestions?
Hello everyone!
I’m now working on my thesis about the current financial crisis. I’m writing the impact of it on local companies’ financial performance. I have several questions but they are too general and not proper.
My questions are:
1.How did the current financial crisis affect on SMEs, in aspect of finance? (This quesiton is useless, because everyone knows the effect is negative)
2.What factors affect on the financial performance of SMEs?
3.How did the crisis affect on the demand of products provided by the company? (Again this is useless, it’s negative)

Do you have some suggestions of what could be good questions for the thesis topic?

  read more…

Open Question: Is this the legacy of Ronald Regan, the Republicans, and the GOP?
http://finance.yahoo.com/career-work/article/107069/pay-dirt-the-executive-pay-system-is-broken?mod=career-salary_negotiation

The Regan Administration took away the majority of restrictions on corporations. This led to rampant corruption at the corporate level and unreasonably huge CEO compensation.

Here is a quote from the article;

“It wasn’t always like this.

From the Great Depression until the late 1980s, CEO pay levels stayed fairly constant. Adjusted for inflation, a CEO in 1988 earned as much as one did in 1934, according to research published in 1990 by Michael Jensen and Kevin Murphy. ‘We are confident that the causes are systemic,’ they wrote. Without ‘the creation of a new regime in compensation practice’ more companies could get into trouble because of skewed incentives, they added.

So why has CEO pay surged so dramatically since the late 1980s? Many experts blame the following: Golden parachutes, annual stock-option grants, peer-group comparison surveys and reaction to new government regulations.

The two compensation experts re-visited the issue in 2004 in the wake of the Enron scandal and concluded that things had changed “dramatically” for the worse.”

So the question.

Is this whole financial crisis the result of “Reganomics”? Of rewarding the rich and expecting to have the billions of excess CEO compensation trickle down to the average worker?
Bill G.

That is not how a free market is supposed to work. A free market is based on supply and demand, not CEO compensation and corporate bonuses. Besides, if you read the article, you would understand that the problem is systemic. All CEO’s do this, thus, it is impossible to stop buying their products as you suggest.
To all,

I refer to Reganomics, or the economics of rewarding the rich with the belief that they will bring up the rest of the country.

OH, and by the way. That community reinvestment act which you trumpet so loudly never caused this problem. That act accounted for less than 2% of the total bad loans given by banks. Stop blaming the poor on the problems the rich caused. The problem was that CEO’s had too much incentive to dish out loans. This cause them to leverage more than they had. They did this so they could get their golden bonuses.

Sorry. I am right! And so is Warren Buffet, who argued this very same thing.

  read more…

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