Fox Lake Towing and Recovery

In a wide-ranging interview, the Nobel Prize winner decries the system of skewed incentives that allowed Wall Street bankers and other corporate execs to gamble with the country’s wealth — and then get away largely scot-free. What happened to “with justice for all,” he asks.

Continue reading Economist Joseph Stiglitz: Put Corporate Criminals in Jail

Economist Joseph Stiglitz: Put Corporate Criminals in Jail originally appeared on DailyFinance on Fri, 22 Oct 2010 06:30:00.

Filed Under: Economy, People, Investing, Real Estate

Interview Transcript: Joseph Stiglitz, Oct. 20, 2010
By Sam Gustin and Michael Rainey

Prof. Joseph Stiglitz is University Professor at Columbia University and Chair, Columbia University Committee on Global Thought. He teaches classes at the Columbia Business School, the Graduate School of Arts and Sciences (Department of Economics) and the School of International and Public Affairs. Stiglitz was…

Continue reading Joseph Stiglitz Interview Transcript, Oct. 20, 2010

Joseph Stiglitz Interview Transcript, Oct. 20, 2010 originally appeared on DailyFinance on Fri, 22 Oct 2010 06:29:00.

Filed Under: Economy, People, Investing, Real Estate

Tech juggernaut Apple handily beat earnings and revenue expectations last quarter, with sales hitting an all-time high of $20 billion. However, the stock was down in after-hours trading, on worries over margins and constraints in the company’s supply chain.

Continue reading Apple Reports Profit of $4.3 Billion on Record Sales

Apple Reports Profit of $4.3 Billion on Record Sales originally appeared on DailyFinance on Mon, 18 Oct 2010 16:45:00.

Filed Under: Technology, Earnings, Apple

Why hasn’t Mad Men been picked up for another season? Matthew Wiener, the show’s creator, isn’t sure. All he could say at the screening of the star-studded finale for the show was that it has something to do with money. Translation: Hey AMC — pay up! You’ve got a blockbuster on your hands. This is one deal you want to close.

Continue reading ‘Mad Men’ Waiting to Close the Deal on Another Season

‘Mad Men’ Waiting to Close the Deal on Another Season originally appeared on DailyFinance on Mon, 18 Oct 2010 12:30:00.

Filed Under: Columns, People, Media, JP Morgan Chase

As usual, expectations are high, but Apple has a way of exceeding optimistic hopes, partially because it tends to low-ball financial expectations. The only possible hitch: Apple is having trouble making enough products to meet demand.

Continue reading Apple Earnings Are Set to Shine on iPhone and iPad Sales

Apple Earnings Are Set to Shine on iPhone and iPad Sales originally appeared on DailyFinance on Mon, 18 Oct 2010 07:30:00.

Filed Under: Company News, Technology, Investing, Earnings, Google , Apple, Stocks in the News, Market News