The film Margin Call takes us inside a lightly fictionalized stand-in for Lehman Brothers called HMS, where a young risk analyst discovers the math that proves HMS' imminent demise.
A recent decision by the U.S. Court of Appeals for the Third Circuit, In re Lemington Home for the Aged, is a reminder to nonprofit corporation direc...
Women make up half the population and 40 percent of the world's workforce but hold just one percent of the world's wealth. We need to assume responsibility, ensuring women have safe and healthy lives.
If you think the Wall Street protests are formidable, watch out when the boomers fully wake up to their plight and mobilize. Then you will know: It's one solid generation to reckon with.
Attorneys often tout bankruptcy as an easy way to get out of debt, but they downplay some of the serious long-term consequences. Before you decide if bankruptcy is right for you, consider seven realities first.
For solar manufacturing in the United States to be profitable, it will need committed finance that the U.S. venture capital community -- still by far the world's richest -- is unwilling to provide.
Accounting gimmicks have always made it easy to pitch the "casino sale"; they obscure the documented higher rates of addiction, bankruptcy, and crime that the casino economy brings to communities.
The story of Solyndra, the Silicon Valley solar technology start-up that received half a billion dollars in loan guarantees from the federal governmen...
Moses Chao, one of the wisest men I know, and a leading NYU neuroscientist, has been warning me for two years about the danger of not finding a cure for Alzheimer's, a debilitating disease of the brain that currently affects some 5 million Americans over the age of 65.
An ugly new trend is spreading in the workplace, and the courts say it's okay. If you're trying to get a job, employers can now discriminate against you in ways that current employers can't.
Mike Tyson was once heavyweight champion, and perhaps the most feared boxer in the sport's history. Within two decades of his prime, though, he was filing for bankruptcy.
Put hallucinogens in stamp adhesives to make sending mail fun again.
One week after the downgrade of the United States bond rating, the markets have returned a verdict of sorts.
If one member of a community has bad credit, that's a personal problem. If enough people in that community have bad credit, it can quickly become a problem for everyone in the area.
One newspaper article in 1997 told me all I needed to know about the business model for the credit card industry. Beneficial National Bank, the cred...
Americans are desperate for change. They hunger for their imagination to be aroused and their can-do energy to find its way back into the country's bloodstream. If anyone can do that, it would seem to be Barack Obama.