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...requires only a kindergartner's sense of justice to understand why insider trading is a Wall Street no-no: it's unfair. Simply put, insider trading means buying or selling stocks, bonds or other securities based on significant information that's not available to the general public. Besides creating an uneven playing field that disadvantages regular investors, insider trading by corporate officials also violates their responsibility to operate in the best interests of shareholders...
...over the G-8 industrialized countries as the decision maker in global economic affairs, agreed over the weekend to adopt a detailed timetable in order to coordinate the world's stimulus exit. The first steps are slated to be announced by the end of January next year. "If we put on the brakes too quickly we will weaken the economy and the financial system," warned U.S. Treasury Secretary Tim Geithner, "and the ultimate cost of the crisis will be greater." (See how to plan for retirement...
...problem: Maclaren received reports that 12 children had their fingertips amputated after they placed their fingers in the hinge where the stroller folds. "This is a very serious hazard," says Scott Wilson, spokesman for the CPSC. "We know child behavior, we know kids like to explore and sometimes put their fingers in places where they shouldn't be. But finger amputations that result from using a product that parents expect to be safe is unacceptable." (See the top 10 children's books...
...consumer spending is weak because household income is so low relative to GDP. Real wages per worker have fallen every year but one since 2001. In response, the DPJ, in its policy manifesto used to win the election, came up with a series of programs that will not only put more money into the pockets of consumers but also ease the financial burdens of child-rearing. Programs would include a child allowance of $3,000 per year per child, free medical care for children, free education through high school at public schools and a number of tax cuts...
...Archbishop's outspoken comments did not go unnoticed in Rome. In June 2008, Burke was unexpectedly transferred to the Vatican. The move was widely interpreted as a way to put some distance between Burke and the political contest in the States. "It was not unrelated to issues of political timing," observes Mark Silk, a professor of religion at Trinity College...