Many of America's big for-profit colleges spend more on advertising and high-pressure recruiting than they do on educating students -- a key reason why so many of their students drop out and end up with insurmountable debt.
What do you do? Do you wait for your customers to disappear, as they surely must, or do you get a leg up and start firing now or at least stop hiring?
Killing Them Softly does a wonderful job of creating a realistic, lived-in world in the post-Katrina wreckage of New Orleans, without a lot of frills or even much music. While it is no fast-paced bulletfest, when the violence comes, it's scary, gory, and brutal, as it should be.
Wall Street wants America to forget September 15, 2008. That's because outside events of violence, few dates have signified more calamity than this fateful day. On that black Monday, Lehman Brothers Holdings Inc. declared bankruptcy.
The 2008 financial crisis cost the U.S. economy at least $12.8 trillion, a new study found -- and that's a "very conservative number," according to th...
Four years ago was September 2008. George W. Bush was president and Wall Street giant Lehman Brothers was collapsing. It was a time of fear. It was a time of panic about the future. Recalling that anxiety is unsettling. But it's important for comparison sake.
The silly season of politics is fully underway. Though it is not our habit to predict political outcomes, we are going on record with our belief that...
You can tell a lot about someone by the company they keep. When I see who Mitt Romney listens to on Social Security, as well as his plans to cut benefits, raise the retirement age, and turn much of it over to Wall Street, I am very troubled.
While the repeal of Glass-Steagall was certainly a part of making our system fragile to the point where it is at today, thinking that a simple solution like breaking up the banks will be the panacea that we seek is incredibly naïve.
Breaking up the banks might not be the answer to the "Economic Utopia" we all dream of, but, after the events of the past five years, could it get any worse?
Will Chesapeake emerge from the crisis in one piece, or will it go the way of Lehman or Enron?
Coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis.
If you want an honest and painfully truthful story memoir about what happens inside the branch of a typical stock brokerage firm, you must read the new book by Josh Brown.
Three years later, after President Obama placed his faith in workers, the nation's economic outlook is brighter. As is that of GM and Chrysler. President Obama wagered on American workers. And it paid off.
Would you take money that your daughter needs for braces and make a short term loan to a Wall Street firm? Probably not, but if you've put your ready cash in a prime money market fund, those are the kinds of places where your money may be sitting now.
It's not really fair to blame actuaries for creating the biggest financial crisis in living American memory. I am, of course, talking about how tens of thousands of small business owners with long and successful track records are going out of business because they cannot get a simple business loan from their neighborhood banker.