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The market-roiling chicanery at Enron, which The Motley Fool astutely characterizes as "shredding profits" through "mark-to-market" accounting at a "batty" company - is just the beginning tale, writes Seth Jayson.
April 7 -
NEW YORK - Things look pretty dismal when a company is burning cash and can't replace revenue, in a week when even the chairman of the Federal Reserve goes against administration policy to acknowledge a broad and deepening recession in the U.S. However, if the situation is addressed early enough, problems can be fixed before they get out of control.
April 7 -
Assets of total money market mutual funds fell by $7.19 billion to $3.498 trillion for the week ending April 2, according to the Investment Company Institute.
April 7 -
Assets of total money market mutual funds fell by $7.19 billion to $3.498 trillion for the week ending April 2, according to the Investment Company Institute.
April 3 -
While the Dow Jones Industrial Average soared 391.47 points on Tuesday and many investment banks' stocks rocketed in the mid-double digits on the good news of infusion of capital from shareholders, Lipper preliminary data on mutual fund results for the first quarter of the year was disappointing, The Wall Street Journal reports this morning.
April 2 -
The Investment Company Institute said it welcomes Treasury Secretary Henry Paulsons plan to overhaul the financial systems regulation apparatus.
March 31 -
Pax World Management Corp. has launched three new mutual funds focused on environmental and international concerns. The funds are Pax World Global Green Fund, Pax World Small Cap Fund, and Pax World International Fund.
March 31 -
NEW YORK-FTSE has partnered with Conflict Securities Advisory Group, a risk measurement firm based in Washington, D.C., that has been focusing on Iran, North Korea, Sudan and Syria since just before the terrorist attacks in 2001, through the new FTSE CSAG Terror-Free Index Series.
March 31 -