Sunday, March 8, 2009

3/8 Wash Post Business

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Finance Majors Look Beyond Wall Street for Work
March 8, 2009 at 12:00 am

At the University of Notre Dame Mendoza College of Business, 40 percent of the students seeking a master's degree specialize in finance. But when Chris Gibson gets his MBA in May, he won't be heading to Wall Street -- and he's darn happy about that.


Home Builders Could Be a Risk Worth Taking
March 8, 2009 at 12:00 am

To be a truly contrarian investor, you need the nerves of a cat burglar. How else can you buy stuff others are unloading in disgust? And few sectors are more loathed today than home builders.


Compare Prices, Use Discounts and Bargain To Cut Medical Bills
March 8, 2009 at 12:00 am

By comparison shopping and negotiating the best price on health-care services and medications -- the same tactics you would use for any other major purchase -- you can trim your bills. You'll find plenty of help from employers and insurers, who also benefit from lower costs. The following tactics...


Interest Plummets in Savings Banks' Stocks
March 8, 2009 at 12:00 am

Savings banks have yet to reap big rewards as consumers increasingly set aside their cash rather than spend what they don't have. Although the personal savings rate is at a 14-year high, the stock prices of savings banks have fallen 31 percent in the past year. But among the 134 publicly traded...


Bernanke to Discuss Regulatory Overhaul
March 8, 2009 at 12:00 am

After last week's crush of economic news, including Friday's miserable employment report, the economic data front will feel quiet this week. On Thursday, the Commerce Department will report on February retail sales; analysts expect them to have fallen half a percent following gains in January....


Don't Let Crisis Leave You Cross-Eyed
March 8, 2009 at 12:00 am

So you're trying to save for retirement, but at a loss for what to do after seeing the market slide to 1997 levels? Well, at least you're in good company.


House Trap
March 8, 2009 at 12:00 am

When houses on our block sell for $50,000 less than we paid for ours -- if they even sell at all -- I get queasy. My wife, who can sleep through tornadoes, reports that such transactions keep her awake. We are upside down, in an interest-only loan that will reset next year, and we are petrified.


Surviving the Greatest Financial Crisis of Our Time
March 8, 2009 at 12:00 am

He had me at the title. Dave Kansas has written "The Wall Street Journal Guide to the End of Wall Street as We Know It: What You Need to Know About the Greatest Financial Crisis of Our Time -- And How to Survive It" (Collins Business).


Court Defies Pro-Business Label
March 8, 2009 at 12:00 am

After the Supreme Court completed its first full term with both of President George W. Bush's appointees in place, business groups and those who represent them could hardly come up with the accolades to describe the new court.


Pentagon's Unwanted Projects in Earmarks
March 8, 2009 at 12:00 am

When President Obama promised Wednesday to attack defense spending that he considers wasteful and inefficient, he opened a fight with key lawmakers from his own party.


Driving Hybrid Disbelievers Into the Fold
March 8, 2009 at 12:00 am

The trouble with Capitol Hill is hypocrisy. That might not be surprising to cynics who believe politicians are, by definition, hypocrites. But it becomes more than a little disturbing when those politicians base their policy objectives on their hypocrisy.


FHA -- That's Housing -- Is Back in Demand
March 8, 2009 at 12:00 am

When the housing market sizzled, the Federal Housing Administration was nothing more than an afterthought for borrowers in need of a mortgage -- if that.


GOP Looks to Escalate Attacks on Obama
March 8, 2009 at 12:00 am

Last month, House Minority Leader John A. Boehner (R-Ohio) repeatedly excoriated House Democrats for what he considered flaws in the economic stimulus plan, rarely mentioning President Obama, one of the chief architects of the bill.


The Big Money
March 8, 2009 at 12:00 am

For decades, the socially responsible investing movement was looked upon as a niche populated by churches, environmentalists and idealists of various stripes -- not a place for serious investors. But that is slowly changing as huge government-run pension funds begin to look at an offshoot of soci...


Obama Trip to Include Turkey Visit
March 8, 2009 at 12:00 am

President Obama will visit Turkey at the end of his European trip next month, a decision that reflects the moderate Muslim nation's central place in his emerging diplomatic approach to the Islamic world.


Health Sector Has Donated Millions to Lawmakers
March 8, 2009 at 12:00 am

Health insurers and drug makers have showered members of the 111th Congress with millions in campaign contributions over the last four years, with a special focus on leaders who will play major roles in shaping health-care legislation, according to a study to be released tomorrow.


Grim Economy Leaves Obama With Rhetorical Dilemma
March 8, 2009 at 12:00 am

President Obama used his weekly radio address yesterday to review some of the steps he has taken toward reforming health care, contracting procedures and an opaque budget process. The results, he said, will save money for the government and for millions of Americans.


Firms Refloat Underwater Stock Options
March 7, 2009 at 12:00 am

Nearly 100 companies have undertaken programs that allow employees, many of them executives, to exchange sharply depreciated stock options for new awards with more generous terms.

 

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