Paulson and Bernanke's banking bailout: The devil's in the details
Within the span of a week, Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke have gone from saviors to Satans.
Standards deviations: U.S. financial accounting heads for change
The U.S. Securities and Exchange Commission is moving to replace existing rules-based accounting standards with principles-based, international ones in filing requirements.
Beleaguered Fannie Mae and Freddie Mac: Beacons of stability
President Bush has signed into law a housing package passed by Congress last week that authorizes the Treasury Department to spend federal funds to rescue Fannie Mae and Freddie Mac if necessary.
Different loans for different zones: Patterns in mortgage type distribution
A geographic mapping of subprime and Alt-A loans in the Phoenix metropolitan area has revealed some unexpected results: these risky mortgages are not scattered, but cluster in certain cities and neighborhoods.
Who profits from IPO underpricing?
A firm going public relies on the capital raised in its initial public offering to grow and thrive, but studies have found that IPOs in the United States are underpriced an average of 15 percent.
Subprime discussion part five: Security transparency is a global concern
In Part 5 of our series on the subprime market, real estate finance Professor Anthony Sanders, Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business and Steven Davidson, vice president, capital market research, Securities Industry and Financial Markets
Subprime discussion part three: When will the dust settle?
In Part 3 of our five-part series on the subprime market, real estate finance Professor Anthony Sanders, Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business and Steven Davidson, vice president, capital market research, for the Securities Industry and
Richard Kovacevich: Seeing the half-full glass in the U.S. economy
It's understandable that some economic forecasters, spooked by gloomy indicators, say the U.S. is heading into or already in a recession — but they may be overlooking key factors that buffer negative forces, according to Richard Kovacevich, chairman of Wells Fargo & Co.
Determining a merger's value
New research by assistant finance professor Claudia Custodio has found that the diversification discount can be grossly over-estimated as a result of flaws in the way it has traditionally been calculated.
CEO pay is clearly out of whack: Here's how to fix it
In 1980, the average American CEO made about 42 times more than the average American worker. In 2011, the CEO made about 380 times more. CEO pay continued to rise significantly every year in the last half of the 2000s, even as corporate profits were falling.