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Here’s $210 million to go away.
I really hope that if I ever get fired for poor performance, my company gives me $210 million to ease my pain. That’s probably not counting tax gross-ups and “other items” that will undoubtedly show up in the SEC filing (I can’t wait for footnoted to take a whack at the severance [...]

I often slag my local paper (the St. Louis Post-Dispatch) as second rate. Growing up in a city with two first rate papers will do that to you. When they have real stories, the P-D does a great job with them and they have good reporters, but the cost cuts of the past several years [...]

So, what happens when an unstoppable force meets an unmovable rock? I have no idea, but I bet it’s a lot like the CEO of Craig’s List meeting a bunch of Wall Street bankers.
Those behind Craig’s List, as well as Craig himself, are vehemenently anti-capitalist when it comes to the website. They refuse to run ads, [...]

Welcome to the December 11, 2006 edition of The Carnival of Personal Finance.
With the end of the year coming up, I decided to highlight the posts that deal with tax planning strategies for the end of year. There are a lot of great submissions, so read all of the posts to find out about managing [...]

There is an old adage that a camel is a horse designed by a committee. Joel on Software explains what happens when an operating system is designed by committee.
Every time you want to leave your computer, you have to choose between nine, count them, nine options: two icons and seven menu items. The two icons, I [...]

GM has touted the new interiors of the 2008 Chevy Malibu as a large step up in the midsize sedan. The interior is a two-tone leather job like those generally seen in higher priced sedans. The Malibu accounts for about 20% of Chevy sales per the article and has sold 144,000 units so far this [...]

The first, as I discussed above, is because they get more interest on an option ARM. Look at the couple from Wisconsin. They ended up with a higher mortgage balance at a higher rate. Both of those items mean more money for the bank in interest. Take that and multiply by the millions of option [...]

That was the question on the cover of the September 11th edition of BusinessWeek (no link). Some of the stories of the people and how they were duped by banks and mortgage brokers astounds me. We always assume that most of the people that buy bizarre (the industry prefers “exotic”) mortgage products are people that [...]

America has a wonderful entrepreneurial culture. A lot of people (myself included) would love to throw off the shackles of The Man and start their own businesses. For myself, it’s more a matter of time and credentials. For many others, it’s about the cash. So, how much does it take to stick your thumb in [...]