Discretion is better part of valor: One reason the alleged scam went on was because Madoff's clients gave him discretionary authority to invest their money. Financial adviser David McPherson, in a column on ABC News' Web site, says that gives an adviser "blanket permission to buy or sell investments ... without seeking your approval." What happened with Madoff is a main reason many investors prefer to give their planner nondiscretionary authority, Read the rest of this entry »
Business Leaders Positive About Green Giving, Investing
ATLANTA, Ga. -- Most wealthy business owners plan to keep giving to environmental causes, even if an economic downturn hurts their businesses. And many feel it's a good time to invest in green funds, though few currently do, according to a new survey.
SunTrust Bank recently surveyed 202 business owners with at least $10 million in annual revenue about green philanthropy and investments.
Read the rest of this entry »
While Christmas markets are the norm in Germany and the Netherlands, the Kerstmarkt in Holland, Mich. is a unique experience in the United States. Sponsored by the Holland Friends of Art, 16 vendors offer gifts and hand made crafts, locally-grown greenery, imported items and a variety of homemade pastries, soups and Dutch cuisine. The vendors sell their wares from wooden booths.
The Kerstmarkt, one of many events held during the holiday season in Read the rest of this entry »
-- Despite the tough economic times, you can't just expect to stop lusting after those Frye riding boots you've had your eye on forever, or that your longtime trusted hair stylist is going to suddenly start cutting her prices.
The fact is no matter how frugally you learn to live, there are still going to be some things you'll want to splurge on, and that's okay. I mean, this is a recession, after all, not a potato famine. You don't have to give Read the rest of this entry »
LEI was founded in 1997 by management expert James
P. Womack, Ph.D., (
)
as a nonprofit education, publishing, and research organization with a
mission to advance lean thinking around the world. We teach courses,
hold lean management seminars, write and publish books and workbooks,
and organize public and private conferences. We use the surplus revenues
from these activities to conduct research projects Read the rest of this entry »
Scott Boras was right, the Dodgers failed to make Manny Ramirez a "serious financial offer."
They made him a nutty, philanthropic offer.
Two years, $45 million for a guy who, despite having two of the most amazing hitting months in baseball history, still only led the team to a 34-28 record, including the playoffs?
A guy who will be 38 years old in the final year of that deal?
A guy who has proven he will turn into a dog the first time somebody Read the rest of this entry »