Finance

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August 10, 2011

Stocks Drop Again, Long-Term Forecast Unclear For Investors

After a brief rally, AP Business Writer Stan Choe reports in The Boston Globe that the markets are once again sliding back downhill: “The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827in morning trading Wednesday. That erased nearly all of its 429 point gain from Tuesday, when the Federal Reserve pledged […]

August 8, 2011

Maybe The Credit Downgrade’s Not Such A Downer After All?

The Boston Globe published a piece today by AP Business Writer Stan Choe. Here’s the gist of it: No one really knows how the US credit downgrade’s going to affect Wall Street.

August 2, 2011

Talbot’s Preps Poison Pill

A Massachusetts-based retailer with outposts in New Hampshire is trying to stave off an investor takeover. An AP piece published by The Boston Globe lays out Talbot’s strategy to maintain status quo and hold off Sycamore Partners, LP (and by extension, investor Stefan Kaluzny). The name of the play has a desperately grotesque ring: poison […]

August 1, 2011

Women Investors More Likely To Take Risks Than Originally Thought

Here’s an interesting tidbit on investor behavior courtesy of the University of New Hampshire’s Center for Venture Research: Apparently, women angel investors are less likely to act like women investors when they’re working with more women. In other words, women are more likely to live up to the stereotype of the cautious female investor when they’re […]

July 29, 2011

Legal Fallout Continues In FRM Case

Bob Sanders of the New Hampshire Business Review has written a startling piece about the continuing–and unexpected–fallout from the Financial Resources Mortgage ponzi scheme. “The bankrupt estate of Financial Resources Mortgage Inc. – the Meredith company behind a multimillion-dollar Ponzi scheme – has been suing hundreds of the people who were victimized by the swindle for whatever […]

July 26, 2011

Steel Company On Life Support

This piece by Bob Sanders of the New Hampshire Business Review lays bare the financial struggles of Berlin’s Isaacson Structural Steel. Apparently, the company has debts to the tune of $12.6 million, more than double its assets. Lawsuits, leins and accusations are flying. But more importantly to people in the North Country–and New Hampshire as a whole–Sanders writes, “The […]

July 22, 2011

Jackie O’s Contribution To The Latest Trust Trend

In this piece The New York Times’ Paul Sullivan traces a new trend among the ultra-wealthy: The charitable lead trust. Just like her fashion choices, Jackie O’s Last Will and Testament is an iconic example. At least among estate lawyers and other people in the business of distributing the wealth of the ultra-rich deceased. Here’s […]