There’s a lot to be said for personal responsibility, but now and again a round of the Blame Game is well-deserved and even necessary. In fact, a series of Time Magazine articles from earlier this year, that includes: In Defense of the Recession Blame Game, The Financial Crisis Blame Game, and 25 People to Blame for the Financial Crisis did just that...
List of 25 resources that help explain the causes of the current financial crisis, examine the effects of the flailing economy, and offer advice on how to make it through these tough times.
With the tough economy, many parents are now being forced to re-think how they are going to pay for their child's college education.
Most investors are afraid they will wake up next Monday morning with a worthless financial stock, whose deposits have been sold to another institution.
I think that the answer to that question is to simply follow the money. Most of the financial institutions which ended up with stock prices rapidly approaching gravity were in terrible financial condition and as a result their management scrambled to find ways to fund the ongoing operations and cut expenses to the bone. One of the most difficult decisions that most boards had to make was cut the dividends.
You probably know what the Nigerian scam is all about, now read and understand what the American scam is about.
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