12/8/2009
Can the Federal Government Really Create Jobs? -- The Obama Administration is out to create jobs. Let's not get our hopes up. (Source: TIME)

Economics No Match For Politics -- The real reason that unemployment lines won't shrink. (Source: Forbes.com)

The American State of Bankruptcy -- Not surprisingly, bankruptcy filings are on the rise and likely to increase. Is the 2005 bankruptcy reform act helping, hindering or neutral in this instance? (Source: Miller-McCune)

Learning Lessons -- Concerns over the riskiness of insurers are behind tougher proposals on capital. (Source: The Economist)

7 ways your money will never be the same -- A lot has changed since the recession began, including the roles stocks and bonds play in investors' portfolios. For starters, get used to more cash, catastrophes and regulation. (Source: MSN Money)

Word on the Street

It may have taken CIT Group a long time to file bankruptcy, but it didn't take them long to exit. The commercial lender has won court approval of a plan to cancel old shares, shed debt and exit bankruptcy court protection.

Morgan Stanley Shuffles Leadership - James Gorman is already putting his stamp on the financial services firm. Executives Colm Kelleher and Paul Taubman will head Morgan Stanley's (MS) largest division.

United Airlines (UAUA) announced its first jet order in 11 years today. The airline placed an order for 25 Boeing 787s and 25 Airbus A350 XWB planes worth a total of $10 billion.

Though it might have a few battle wounds, the New York Times (NYT) is still charging ahead. The company reported that the pace of advertising declines has slowed somewhat for the first time this year. However, it is still expecting Q4 prints ads to decline by 25 percent.

With the unemployment rate at a record level, the last thing people want to hear is a bleak outlook on employment . US chief executives are expecting sales to improve in the coming six months, but they remain pessimistic about the prospect of adding more jobs. 31 percent of the CEOs polled are expecting to decrease th ....

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Health Insurance Portability and Accountability Act. A law mandating that anyone belonging to a group health insurance plan must be allowed to purchase health insurance within an interval of time beginning when the previous coverage is lost. The law protects employees, especially those with long term health conditions who may be reluctant to leave jobs because they are afraid pre-existing condition ... MoreHealth Insurance Portability and Accountability Act. A law mandating that anyone belonging to a group health insurance plan must be allowed to purchase health insurance within an interval of time beginning when the previous coverage is lost. The law protects employees, especially those with long term health conditions who may be reluctant to leave jobs because they are afraid pre-existing condition clauses will limit coverage of any such conditions under a new insurance plan, from losing health insurance due a change in employment status.