Value Blog

The Pennsylvania Ghost Town That's Been Burning For 50 Years

May 27th, 2012  |  Source: Businessinsider.com

It's not completely clear how the fire started, but most historical accounts hold that burning trash in a landfill near an abandoned strip mine ignited an exposed coal vein. The fire spread throughout a labyrinth of coal mines beneath the town, creating a giant underground inferno. 

That was 50 years ago today. 

Half a century later, Centralia, Pennsylvania still burns.  


How aid got smarter

May 26th, 2012  |  Source: FT.com

 

Academics, donors and some aid agencies have begun measuring what works. Development is becoming a science

I knew I was going to love this job here,” says Anthony Lake, Unicef’s executive director, pointing at his heart beneath his suit jacket. “But,” he points to his head, “it is fascinating here too. There are no boring bits.”


Fidelity's massive Facebook woes

May 25th, 2012  |  Source: Fierce Finance

Reuters notes that Fidelity, the mutual fund and retail brokerage powerhouse, is working with "thousands" of customers to resolve issues related to the botched Facebook IPO.

Nearly a week after the deal was priced, "many investors have found that their orders for Facebook were not executed at the prices they thought, said advisers…"

The Boston-based company was not shy about placing the onus on the Nasdaq.

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Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves

May 22nd, 2012  |  Source: CasePlace.org

An insider points out the holes that still exist on Wall Street and in the banking system. Exile on Wall Street is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown. 


Champions League Final Also Tests Financial Muscle

May 18th, 2012  |  Source: WSJ

 

There is more at stake in Saturday's Champions League final between Bayern Munich and Chelsea than the title. In it, the social market economy goes head-to-head with Anglo-Saxon capitalism.

 

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A Harvard MBA's radical quest to erase his debt

May 16th, 2012  |  Source: Fortune

B-school grad Joe Mihalic went on an extreme financial diet to pay down over $90,000 in debt in just seven months and charted his story through an anonymous blogging project.

By John A. Byrne


Not always value for money

May 13th, 2012  |  Source: FT.com

 

Kai Peters, the chief executive of Ashridge Business School, tells Della Bradshaw, Business Education Editor, that students are not always seeing a good return on their investment, and that French schools have a competitive advantage over British ones because of their ability to merge. 

 

 

Video here: http://video.ft.com/v/1634102653001/Not-always-value-for-money


Why I Hate VC Firms

May 3rd, 2012  |  Source: nxtbookmedia

 

A special guest post by Michael Biggerstaff, Chief Inspiration Officer of Nxtbook Media

 


Lawyers destroying value

May 2nd, 2012  |  Source: NYT.com

Dewey & LeBoeuf, the New York law firm crippled by financial mismanagement, an exodus of partners and a criminal investigation of its former chairman, encouraged its partners on Monday evening to look for another job, according to an internal memo.

The firm’s leadership has been scrambling in recent days to stave off failure by merging with another law firm and persuading its lenders not to push it into liquidation.

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The Man Who Broke Atlantic City

April 21st, 2012  |  Source: The Atlantic

Don Johnson won nearly $6 million playing blackjack in one night, single-handedly decimating the monthly revenue of Atlantic City’s Tropicana casino.

Not long before that, he’d taken the Borgata for $5 million and Caesars for $4 million. Here’s how he did it.

 

Full story here: http://www.theatlantic.com/magazine/archive/2012/04/the-man-who-broke-atlantic-city/8900/2/?single_page=true

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