Posts Tagged ‘finances’

JP Morgan Shareholders Might Fire Jamie Dimon From One Of His Jobs

During the financial crisis, JP Morgan Chairman and CEO Jamie Dimon was the golden boy of Wall Street.

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$50M for Getting Fired? OXY’s Ray Irani Takes C-Level Excess to New Heights

Occidental Petroleum chairman Ray Irani lost his job Friday after 76% of shareholders opposed his reelection, the latest high-profile executive to be shown the doors.

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Next 5 Months Are Critical For Budget Reform: Maya MacGuineas

Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget, a non-profit organization committed to analyzing and influencing fiscal policy, says the next five months are critical for budget reform. In an interview at the Milken Institute's 2013 Global Conference, MacGuineas argues that Washington needs to replace the sequester with a bigger debt deal – one that tackles the “real problem areas of the budget” such as health care, aging and an outdated tax code

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Everything You Always Wanted to Know About P/E (But Were Afraid to Ask)

One of the most common numbers you hear if you listen to stock forecasts is the "P/E ratio"--the price of the stock or market relative to the company's earnings. Sometimes, the P/E ratio can be very useful for getting a sense of whether a stock or market is cheap or expensive. At other times, however, the number can be highly misleading

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Pimco’s El-Erian: Fed Is Artificially Inflating Asset Prices in “Most Unloved Market Rally”

Many market strategists credit the Federal Reserve with the rally that has pushed the Dow and the S&P 500 to record highs.

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CFTC Commissioner on #HackCrash: Beware of a Rise in Twitter Arbitrage

The Commodity Futures Trading Committee is currently holding a hearing on the market impact of the April 23 rd Twitter attack.

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Robert Shiller: Home Prices Will Remain Relatively Stagnant For Next 10 Years

More good news on the housing market.

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Niall Ferguson to Paul Krugman: You’re Still Wrong About Government Spending

Niall Ferguson has two words for Paul Krugman: you’re wrong. The Harvard University history professor and author of “Civilization: The West and the Rest” says Krugman’s pro-government spending thesis not only fails to address the core problems facing the U.S. and Europe today but also has dire consequences for individuals living in these economies.

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Fed-Assisted Growth Stuck at 2% “New Normal” Rates Through 2013

The Federal Reserve begins its two-day policy-making meeting today and not much news is expected, as has been the case ahead of many of the most recent meetings.

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CFTC Holds Twitter #HackCrash Hearing

It was one week ago this Tuesday that a hacked AP account tweeted, “Breaking: Two Explosions in the White House and Barack Obama is injured” to its 1.9 million followers. Moments later, the @AP twitter handle released a statement saying they had been hacked and that President Obama was fine, but the markets had already reacted

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