'Failure is good'

“Greed is good” became a popular phrase in the aftermath of the 1987 movie Wall Street, implying that the riches of individual financiers were justified by the role those people played initiating large-scale wealth creation ...

Stock ownership US Congress influenced voting on bailout

(PhysOrg.com) -- Personal investments in the stock of financial institutions by members of the House of Representatives and the Senate of the Unites States was positively associated with these institutions receiving bailout ...

Banks and bailouts: Playing politics?

(PhysOrg.com) -- Banks with strong political connections were more likely to receive bailout money from the government—and more of it—in the past year than those with weaker ties, say University of Michigan researchers.

Government delays new ban on Internet gambling

(AP) -- The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.

Insurance against financial fear

(PhysOrg.com) -- Just one year ago, a worldwide panic was unfolding: Financial markets froze after the collapse of the investment bank Lehman Brothers, leaving businesses without lenders as the economy drastically slowed. ...

Fooled by your 'friends'

Do not get too friendly with your investment adviser. It lowers your guard and increases your risk of being deceived, warn BI researchers Harald Biong and Kenneth H. Wathne.

China first out of global financial crisis, says leading expert

China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This recovery is a ...

Paperless proof, the e-government magic act

(PhysOrg.com) -- A French-developed security platform which turns email into the electronic equivalent of registered mail could help deal with the bureaucratic paper mountains throughout Europe.

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