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This is a blog post by Drea Knufken. In celebration of this week’s bank stress tests, which promise that no bank will fail, we’ve decided to release a list of 25 banks that did kick the bucket. Here they are, in rough order of failure size: 25. New Frontier Bank Greeley, CO-based New Frontier’s failure […]
Going green was big news for a while, then the collapsing economy put a cloud over the movement. Nonetheless, a derth of reporting doesn’t mean that the scientists, entrepreneurs, and business brains behind the burgeoning industry have slowed down. If anything, their products are growing in maturity and potential. We waded through hundreds of eco-oriented […]
It is said that up to 50% of businesses fail within five years of inception. Most of these business start and end in obscurity. A few of them, however, start up with the verve of a cannonball, only to crash with equal fanfare. Some of the companies listed below, like Enron and DeLorean, exemplify this […]
This is a blog post by Drea Knufken. Bernard Madoff pulled a shocker last week by revealing that his exclusive investment securities firm was actually the biggest Ponzi scheme in the history of mankind. As the impact of Madoff’s decades-long crime reverberates around the world, it invokes memories of past Ponzi masters, who laid the […]
The 2008 crash is probably the most serious economic crisis we have faced after the Great Depression. Stock markets from around the world fell as much as 20% in a single week, dozens of banks either failed or were rescued by government and private instutitions, and companies started laying off employees as a consequence of […]
This is a blog post by Drea Knufken. In mid-2007, I was downsized from my job working as a web editor for a major dining and tourism site. The layoff gave my ego a hematoma, but in practical terms, it wasn’t a big loss. When I factored in commuting and healthcare costs, the job was […]
Some people feel philanthropy is only about foundations donating lots of money, but that’s only one part. Philanthropy is about people giving their time, help and care to causes they support, making the world a better place to live in. Philanthropic activities come in many forms, some people choose to contribute a huge sum of […]
Fortunes are rarely won by playing it safe. On the contrary, the biggest fortunes have been won by those willing to step outside the box and change the way the game is played. Following are twenty-five business innovators of the past, present, and future whose stories are different in many respects, but all point to […]
What makes a business book the “best”? Best-selling? Most influential? Timelessness? Categorical relevance? Business Pundit sifted through numerous categories and resources to come up with this list of the 25 Best Business Books Ever. We didn’t concern ourselves with categories (management, sales, etc.) or timeliness of subject matter. Instead, we focused on the following question: […]
If the Internet could speak with one voice, it would probably groan “oh, not again!” That’s because every raving success story about Internet startups is tempered by dozens more that crashed and burned in a sea of wasted money, bad ideas, or unfulfilled hype. As venture capitalist Paul Graham writes, most of these failures are […]
Over the years, Warren Buffett has recommended many books in a variety of venues about a variety of subjects. Continuing our ongoing series of books recommended by Buffett (our last entry in this series was on Buffett’s political book recommendations) here we highlight ten books that Buffett has recommended on investing. Take on the […]
