Personal finance lessons from the Detroit bankruptcy

Financial institutions were relatively stable and they could help industry to produce technological advances and economic development. Up until the 1960s, most Americans understood and accepted the importance of the federal government in helping to jumpstart innovation through things like defense and aerospace spending. Some of that money got channeled through universities, and some of it was directed to large corporations, which, like GE, could bring good things to life. But in recent decades, several monkey wrenches got thrown into this system, starting in the 1960s with the trend of conglomeration, in which corporate titans built empires that gobbled up scores and even hundreds of companies. In the 1970s, as inflation grew and the Japanese economy took off, Wall Street shifted from investing to trading, and later, in the 1980s, executives came to adopt a harmful ideology known as shareholder value, which held that shareholders are the only people who deserve returns from corporations forget about the taxpayers and the employees without whose support, sweat and risk such companies would not exist.

Event on Semantics in the Finance Industry To Be Held in New Brunswick, NJ

I had people relying on me not just myself, but my wife and my infant son. I needed to make sure that certain things were provided for them a roof over their head and food in their bellies, for starters. RECOMMENDED: Can you manage your money? A personal finance quiz.

Fri Jul 26, 2013 3:02pm EDT Event on Semantics in the Finance Industry To Be Held in New Brunswick, NJ Will feature discussions and case studies from industry leaders The Object Management Group (OMG) is pleased to announce that it will be hosting the informational event, Semantics in the Finance Industry, at its quarterly technical meeting in New Brunswick, NJ. The event will take place on Wednesday, September 25th at the Hyatt Regency hotel and will begin promptly at 9am ET. The all-day seminar will stress the importance of employing financial data semantics in business operations as well as spotlight case studies of multinational financial service corporations that have had great success using semantics. Sessions will include the talk Building and Sustaining an Enterprise-Wide Semantic Web Ecosystem by Suresh Nair, Chief Architect for Financial Services at MphasiS, as well as a case study presentation on Mastering Enterprise Metadata with Semantic Modeling.

D.C.’s campaign finance laws need reforming

Brown, are liable. Campaign finance reform legislation drafted by D.C. Attorney General Irvin B. Nathan would make the candidate responsible for the accuracy of filings with the Board of Elections and subject to financial penalties if there is a failure of due diligence.


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