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Forbes - Personal Finance
Forbes - Personal Finance
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Banishing Facebook's Eduardo Saverin Harms U.S. More
by Jon Matonis
23 May 2012 at 8:55am
Yes, the Facebook IPO was noteworthy. But just as noteworthy was the decision by Eduardo Saverin to renounce his U.S. citizenship on the eve of the historic IPO and become a permanent resident of Singapore, where there is no capital gains tax. He is already a citizen of Brazil but they don't tax non-resident income like the United States.

The Great Recession's 25 Biggest Bankruptcies
by Investopedia
23 May 2012 at 8:33am
The Great Recession, triggered when the subprime mortgage market collapsed and pricked the housing bubble, sparked a wave of bankruptcies, including some bigger than U.S. courts had ever seen. These were the biggest from the December 2007 start of the recession ? according to the National Bureau of Economic Research ? to today. (All data courtesy of Bankruptcydata.com.)

4 TARP Recipients That Made A Profit
by Investopedia
23 May 2012 at 8:33am
You might remember the Troubled Asset Relief Program, well known as TARP, but in case the terrifying days of the 2008 and 2009 Great Recession are no longer fresh in your mind, let's take a look back. In 2008, we had all been introduced to financial terms that were once foreign to us. The average consumer knew nothing of subprime mortgages,mortgage backed securities or toxic assets, and they didn't realize that the housing market had ballooned to valuations unsustainable.

Reader Story: How I Use Superfrugality Month to Curb Lifestyle Inflation
by J.D. Roth
23 May 2012 at 8:24am

5 Easy Ways To Fight The Urge To Splurge
by J.D. Roth
23 May 2012 at 8:24am
Zale Announces Earnings
by MarketNewsVideo
23 May 2012 at 6:29am
Zale (ZLC) anounced that it lost $4.5 million, or 14 cents per share, in the most recent fiscal quarter, versus a loss of $9 million, or 28 cents per share, the same period last year. Revenue was $445.2 million, up from $411.8 million, in the same period last year. Analysts expected a loss of 16 cents per share on $433.9 of revenue.
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Dionne Warwick Proves IRS Tax Liens Can Be Wrong
by Robert W. Wood
23 May 2012 at 4:02am
Do tax liens ever turn out to be wrong? In my experience rarely, and I?ve been a tax lawyer for over 30 years. But it does happen occasionally. Here's a great example. It concerns someone who knows a thing or two about tax liens: Dionne Warwick.
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Ten Green Stocks I Told My Sister to Buy
by Tom Konrad
22 May 2012 at 11:29pm
Only green stocks (we're both environmentalists)
Dividend paying income stocks, with the solid earnings and cash flow to back them up, and low levels of debt, or
Stocks trading well below their intrinsic value. AMRC WM ABB Waterfurnace New Flyer Industries Ameresco, Maxwell Technologies, Western Wind Energy, Kandi Technologies
Something To Watch Out For If You Have Investment Interest Expense - Possible...
by Peter J Reilly
22 May 2012 at 8:53pm
Interest expense may or may not be deductible. Generally speaking, whether you can deduct interest, how you can deduct it and in what year you can deduct it is determined by how you spent the money that you borrowed. One category of potentially deductible interest is investment interest. A common way to get investment interest is to buy stocks on margin. Investment interest expense is deductible in a given year to the extent of "investment income". Investment interest expense that exceeds "investment income" is carried forward indefinitely.
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Mayan Doom Or Time To Buy?
by Joel Shulman
22 May 2012 at 6:07pm
According to ancient Mayan prognosticators our world should be coming to an end sometime around Christmas. If you?re sitting in Greece or JP Morgan?s bond-lending group, the end might seem like it?s already here. And off the Peruvian coast, wildlife is literally dropping from the sky. With global stocks plummeting on any type of news, it?s beginning to feel like the Mayan meteor strike is right on schedule. From an investment standpoint it raises the obvious question: Is this the time to buy?

Good Jobs: Why Innovation, Location And Education Matter Most
by Troy Onink
22 May 2012 at 4:27pm
A new book was released today by University of California at Berkeley Economics Professor and Fulbright Fellow, Enrico Bonetti, titled The New Geography Of Jobs. This young economist's research has some surprising news about jobs, and it starts with where we live.

The New Geography Of Jobs
by Troy Onink
22 May 2012 at 4:27pm
In terms of salary, where you live may matter more than your resume, but living in metropolitan areas where there are high concentrations of college educated workers is what will push your pay higher.
The Number 1 Reason for College Debt That No One Talks About
by Ellen Dorle
22 May 2012 at 3:36pm
This year there are more articles on the crushing impact of student debt on college graduates. In hind sight, who would agree to a 6 figure debt balance with potentially no job in sight? So why do students and their parents continue to rack up more debt? I hear it when I
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Son Hit With Aging Parent's $93K Nursing Home Bill
by Carolyn Rosenblatt
22 May 2012 at 3:14pm
30 states have filial responsibility laws that can throw the burden of support for an indigent family member onto their kids. See what happened to a son when his mother's nursing home sued him for the bill she incurred.
Daily Wrap: 5/22/2012
by MarketNewsVideo
22 May 2012 at 2:59pm
A positive housing report sent stocks higher today, but investors remained cautious as Japan's credit rating was downgraded by Fitch on fears over government debt.
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Nepali rupee weakens further against dollar - india.nydailynews.com
23 May 2012 at 8:19am fixing the exchange rate at 88.23 rupees a dollar for Wednesday¡ªlosing 23 paisa on its previous low of 88 rupees on May 18. The fall of the Nepali rupee against the dollar is mainly due to the sharp devaluation of the Indian currency ...Read more...
Rupee free-fall continues, hits new low of 56.21 Vs dollar - zeenews.india.com
23 May 2012 at 6:03am At the Interbank Foreign Exchange (Forex) market, the domestic unit recorded ... Strong dollar demand from importers pulled rupee down to a record low of 56.21, placing the domestic currency, which has lost over 12 percent since March this year.Read more...
British Pound Sterling: Currency in sharp decline vs USD, but advances agains...
23 May 2012 at 2:35am The pound sterling (Currency:GBP) has brushed off the this morning's release ... access is Free via the Facebook gateway here) The pound euro exchange rate is 0.04 pct down at 1.2423. The pound dollar exchange rate is 0.34 pct lower at 1.5704.Read more...














