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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: finances

finances stories: 8 news summaries

Jackson Finance Mess
Will Take Years to Untangle 

Singer left behind perplexing jumble of assets and debts

Jun 27, 09 6:05 AM CDT
(Newser) - Michael Jackson's death has left Sony execs groaning over the jumbled state of the singer's finances, the New York Times reports. Jackson was a shrewd investor and negotiator but was prone to wild spending sprees, according to some of the many financial advisers he hired and fired. Sorting out the... More »

MORE ABOUT:
finances • Sony • will • Michael Jackson • Neverland Ranch

 Money Woes Ground 
 Spidey, Other Musicals 

Stephen Sondheim revue stumbles before opening

Feb 27, 09 11:48 AM CST
(Newser) - Financial woes are forcing more musicals to face the music: Spider-Man’s Broadway appearance has been delayed until next January, while Stephen Sondheim’s latest couldn’t raise the cash for tryout performances, Bloomberg reports. Spidey’s show, with tunes by U2’s Bono and the Edge, costs a record... More »

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theater • finances • Spider-Man • Bono • U2 • Broadway • the Edge • Stephen Sondheim

(AP) - The length of a man's ring finger may predict his success as a financial trader, the AP reports. Researchers at the University of Cambridge in England report that men with longer ring fingers, compared to their index fingers, tended to be more successful in the frantic high-frequency trading in the... More »

MORE ABOUT:
finances • research • scientific study

personal essay

 Actually, You Can 
 Buy Me Love 

New essay anthology explores love and personal finance

Jan 12, 09 5:53 PM CST
(Newser) - Freelance writer Marissa Belger married for love, relishing the warmth of her husband's clan and overlooking his lowly income—until he lost his job. In The Secret Currency of Love, a compilation of essays excerpted in Salon, Belger describes how her relationship to money surprised her. Adapting to poverty was... More »

MORE ABOUT:
finances • marriage • money • love • relationship • job

Zuckerberg Spills the Beans About Facebook Finances

CEO's chattiness at staff meeting leaked

Feb 1, 08 12:12 PM CST
(Newser) - Mark Zuckerberg got talkative with the Facebook staff yesterday. The boy CEO shared intimate details of the privately-owned company’s finances to an all-staff meeting with an open phone-in line—“It was really unbelievable,” marveled one. The numbers indicated a fall from break-even grace for the company in... More »

MORE ABOUT:
Microsoft • finances • Facebook • Mark Zuckerberg • conference call

How to Make Kids $$$$ Savvy

12 ways to teach the value of a dollar

Dec 20, 07 5:06 PM CST
(Newser) - It's never too early to get savvy about money. The Journal's Jonathan Clements explains how he's put his teens on the right track.
  1. Delayed gratification: When they spend their own cash, they make better decisions.
  2. Pace yourself: The Clements kids had to make a 3-month allowance last.
... More »

MORE ABOUT:
parenting • finances • list • money • budgeting • IRAs

Compulsive Shopping Linked to Mental Woes

Disorder affects both sexes equally

Oct 25, 07 10:13 AM CDT
(Newser) - Nearly 6% of the population suffers from compulsive buying, which is often linked to other problems with control and mood disorders, according to research in the American Journal of Psychiatry. About the same percentage of women and men are shopaholics, and addicts are likely to be young, near the limit... More »

MORE ABOUT:
finances • psychiatry • antidepressant • shopping • mental illness • addiction • obsessive compulsive disorder • compulsive buying

KKR Joins
IPO Party

After Blackstone's triumph, barbarians
at the public gate

Jun 22, 07 9:05 AM CDT
(Newser) - Corporate raiders Kohlberg Kravis Roberts & Co. have announced an initial public offering, on the heels of a wildly successful $34B IPO by rival Blackstone yesterday. The mammoth LBO group, whose boss Henry Kravis maintains a well known rivalry with Blackstone's Stephen Schwarzmann, waited to make sure Blackstone swam before... More »

MORE ABOUT:
private equity • Stephen Schwarzman • Blackstone Group • finances • taxes • investors • KKR • Henry Kravis • IPO

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