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ultrageek / Upcoming

Hyundai: Can't make car payments? Just return it

Posted by ultrageek 1238 days ago (http://www.businessweek.com)
Category: Personal Finance | Tags: automotive personal finance
If you're unfortunate enough to be suffering the current crisis and have a Hyundai auto you cannot make payments on, you're in luck. Hyundai Motor [...] read more »
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IT salary survey says: ‘You’ve never had it so bad’

Posted by ultrageek 1238 days ago (http://www.theregister.co.uk)
Category: Personal Finance | Tags: personal finance salary
All those experts who said IT careers were safe in this financial crisis were apparenlty wrong. A salary survey of 50,000 IT workers in the U.S. and [...] read more »
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Calif. Taxpayers Due Refunds May Get IOUs

Posted by ultrageek 1241 days ago (http://www.msnbc.msn.com)
Category: Economy | Tags: government personal finance tax
California, biggest US state by pop'n, might go bankrupt in Feb, and taxpayers might get IOUs instead of refund checks - which hasn't happened sinc[...] read more »
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Life after a six-figure salary

Posted by ultrageek 1241 days ago (http://money.cnn.com)
Category: Personal Finance | Tags: personal finance salary
You have a choice: face being laid off or finding a job that maybe pays you half of what you were earning. According to a survey, 63% of unemployed w[...] read more »
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Citigroup’s Top Executives to Forgo ’08 Bonuses

Posted by ultrageek 1242 days ago (http://www.nytimes.com)
Category: Business | Tags: banking executive salaries
More business executives are taking less, but in the banking industry, it's part of the deal for the bailouts. The latest company to limit executive[...] read more »
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Was whole economy a Ponzi scheme?

Posted by ultrageek 1242 days ago (http://www.iht.com)
Category: Economy | Tags: economy fraud ponzi scheme
This is a meme that's going around lately: that the entire economy/ stock market might be a Ponzi scheme, and that Bernard Madoff probably did not a[...] read more »
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The Ponzi Dilemma

Posted by ultrageek 1243 days ago (http://skepticblog.org)
Category: Personal Finance | Tags: fraud investing
The average investor would in fact not know that someone like Bernie Madoff was running a Ponzi scheme. Does that makes them gullible? How do you avo[...] read more »
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Claiborne's CEO Crams Into Coach to Cut Costs

Posted by ultrageek 1243 days ago (http://online.wsj.com)
Category: Business | Tags: business leadership
Isn't it nice to see yet more executives practicing commonsense and frugality? Liz Claiborne CEO William L. McComb flies hundreds of thousands of mi[...] read more »
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SEC halts alleged $23 million Ponzi scheme

Posted by ultrageek 1244 days ago (http://www.reuters.com)
Category: Stocks | Tags: fraud stock market
oh wow SEC. Thanks so much for stopping a $23M Ponzi scheme. Sure makes up for that $50B scheme you missed. read more »
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Ten Billionaire Blowups of 2008

Posted by ultrageek 1244 days ago (http://finance.yahoo.com)
Category: Personal Finance | Tags: economy personal finance recession
Ouch. These ten billionaires lost enormous fortunes - some are down to zero net worth. read more »
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California: The next bailout beggar?

Posted by ultrageek 1245 days ago (http://www.independent.co.uk)
Category: Business | Tags: california government recession
California, the biggest state in the USA is about to run out of money in just two months. A state bankruptcy is unprecedented. read more »
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Press reports document criminality of US financial elite

Posted by ultrageek 1248 days ago (http://www.inteldaily.com)
Category: Business | Tags: fraud power
Bernard Madoff's fraud may be just the tip of the iceberg of "criminality in the highest echelons of the financial establishment." Really, is anyo[...] read more »
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10 Status Symbols We Hope Disappear in the Recession

Posted by ultrageek 1249 days ago (http://blogs.wsj.com)
Category: Personal Finance | Tags: consumer personal finance recession
Recession or no recession, there are always rich people with stupid tastes. But with the recession, maybe fewer people will be spending their money o[...] read more »
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Fed Approves GMAC Request to Become a Bank

Posted by ultrageek 1249 days ago (http://www.nytimes.com)
Category: Business | Tags: bailout economy
Wow, nice way to get out a bankruptcy predicament? GM's financing division is now a bank, so they're eligible for as much as $6B in bailout funds. read more »
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More than 1 million job cuts seen in 2009: Challenger

Posted by ultrageek 1250 days ago (http://www.marketwatch.com)
Category: Economy | Tags: economy jobs
It's not over yet. This MarketWatch article says that 2009 is likely to see over a million lost jobs, and that healthy employment growth - according[...] read more »
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