Futurity.org – Bad deeds can tarnish money’s value

Futurity.org – Bad deeds can tarnish money’s value:


"Our work suggests morality is an important force shaping economic decision-making,” says Jennifer Stellar, a doctoral student in psychology at University of California, Berkeley, and lead author of the study. “Though we often think $50 is $50, these results demonstrate that when money takes on negative moral associations, its value is

Are hedge fund investors beginning to relaize returns are not that great?








In some recent papers, researchers argue that the return from an investment mainly results from exposure to systematic risk factors. Jaeger, L., Wagner, C., “Factor Modelling and Benchmarking of Hedge Funds: Can passive investments in hedge fund strategies deliver?”, Journal of Alternative Investments (Winter 2005) (Photo credit: Wikipedia)

First the "what": Investors are redeeming hedge

Mercury News interview: Meir Statman, Santa Clara University professor of finance - San Jose Mercury News




Finance (Photo credit: Tax Credits)

Mercury News interview: Meir Statman, Santa Clara University professor of finance - San Jose Mercury News:


"Santa Clara University finance professor Meir Statman believes that American employers should be forced to set up retirement plans for their workers for one simple reason: "People are stupid," he said.

Statman, an expert in behavioral finance,

Kill the 30-Year Mortgage - Bloomberg

Kill the 30-Year Mortgage - Bloomberg:

Bloomberg makes an interesting call for more adjustable mortgages that reduce the boom and bust cycles in real estate: 
"New homes are being built at the fastest rate in years and prices are increasing across the country....

What’s wrong with this picture? None of this would be possible without massive government support. Today, the government owns or

Insider trading at KPMG?




KPMG Fires a Senior Partner in an Insider Trading Episode - NYTimes.com:


"KPMG said late Monday night it had fired a senior partner in its Los Angeles office after learning that he had provided inside information to an unnamed individual “who then used that information in stock trades involving several West Coast companies.”"

It seems that the company involved was Herbalife:
Again from NY