Tag: Money

An Explanation of Credit Default Swaps

The financial crisis and government bailout of AIG have focused the public’s attention on credit default swaps, an extremely large but previously ignored segment of the financial market.  Despite frequently mentioning credit default swaps, politicians and pundits rarely stop to discuss what credit default swaps are, how they work and what purpose they serve.  In [...]

Posted by Brett Melson on Monday, May 17th, 2010
Posted in 101
Tags: Financials, Money

The Best Revenge: Make More Money

American entrepreneurs really are a whole different breed. They don’t expect anyone to give them a break or a pat on the butt. They get their satisfaction from scoring, not praise. They take pride in doing something better than mankind ever did it before, not just their competitors. They pay their taxes to the local, [...]

Posted by Rick Bell on Wednesday, January 27th, 2010
Posted in Founder's Forum
Tags: Entrepreneurs, Government, Money, Taxes

Do You Have a Financial Plan for Your Business?

I just read a very good article on financial planning for your business on the Open Forum American Express website. Do you have a financial plan for your business? Below is an excerpt: As the CEO or founder of a growing small business today, you are likely swamped meeting customer needs, dealing with inventory, shipping [...]

Posted by Carleigh Lowe on Monday, November 2nd, 2009
Posted in Articles of Interest
Tags: Articles of Interest, Money

Book Review: Money: Whence it Came, Where it Went

Recently I noticed that something like a hierarchy of Western currencies has developed. These are the Swiss franc at about ¢80, the US Dollar, the Euro at $1.35, and the British Pound at $1.55 or so. Those are where they are at today. Not long ago the Dollar was about equal to the Euro, and [...]

Posted by Jake Cornelius on Tuesday, July 7th, 2009
Posted in Books of Interest
Tags: Book review, Money