What those Moody’s S&P long-term credit ratings mean
The Wall Street Journal recently reported that, “Financial markets began taking seriously the prospect of a downgrade of the U.S.’s triple-A credit rating, which it has held for nearly a century.”
On the Money Journal
Our favorite columns are available in On the Money Journal, a guide to how you can acquire, borrow, protect, move, watch, play with, go to jail for, and have fun with, our most popular commodity - Money!
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Go to the source to make your own predictions for economy
There are plenty of predictions made about finance and economics. In fact, a search for “money predictions in 2011” generates more than 28 million hits.
Changes in stock quoting throws system into confusion
On the Money From the April 1, 2011 print edition A recent change in how some over-the-counter (OTC) stocks are quoted caused lots of distress for their investors — who wondered if their stocks had disappeared, stopped trading, been delisted or otherwise had vanished from the trading platforms. The situation started in September 2009, when FINRA (Financial Industry Regulatory Authority), which owns and operates the OTC Bulletin Board, announced it wished to sell it. But FINRA hasn’t been able to sell the OTCBB, and many nervous broker dealers left that exchange starting in January. That’s left many companies with no representation on the OTCBB, resulting in them being pushed down to the less-prestigious Pink Sheets. The OTCBB has been identified with companies that fully...
Why Facebook may prefer to retain private status
It’s hard to go anywhere these days and not hear the word “Facebook,” the social media website that dominates the Internet. Often the discussion is about users’ “privacy settings” and how individual privacy is becoming harder to maintain.