By Bailey McCann
Sunday’s New York Times ran an interesting take on the fallout from the subprime crisis and economic slowdown: the rich are less rich. While the rest of us probably aren’t crying any tears over this development, the ramifications of the rich being less rich is a study in how a crisis in […]

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Contributed by Alana Elsner
For some, the issue of social responsibility may seem new- a post-millennial development- part a new consciousness about the world around us that spurred the onslaught of hybrid vehicles and carbon credits. But for others, like the executives at Trillium Management and the Calvert Group, socially responsible investing began decades ago. Perhaps […]

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Todd Petzel of Offit Capital Advisors kicked off the Hedge World’s Managed Futures and Commodity Trading Conference last week at Chicago’s University Club.  Buy side professionals gathered to discuss their investment options in the current crisis market.  They listened as Petzel went through examples of failed investment approaches and the common factors each case shared.

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My mother and I were checking out of our hotel in the old city of Vienna when the receptionist behind the desk asked me if I wanted to pay in euros or dollars. I handed her my Visa and said I would pay in euros, since seeing the inflated price in dollars would only depress […]

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Contributed by Alana Elsner
“Who is a better businessperson- Donald Trump or Mother Theresa?” someone once asked me. “Donald Trump, of course,” was the obvious answer. “No, Mother Theresa,” he replied. With smug smile that comes from stumping someone, he listed her achievements including bringing record donations not only to Calcutta but also to the Catholic […]

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The deep pockets of donors in the financial sector have always been appealing to presidential candidates in both the Democratic and Republican parties, who make it a priority to cultivate support on Wall Street. Now that Wall Street darling and former Massachusetts governor Mitt Romney is out of the presidential race, who do Wall Streeters […]

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As if the financial industry hasn’t seen enough of a market shake-up in recent months, a new futures exchange is set to launch in early 2008. The exchange, backed by heavy hitters in the capital markets, will serve as a low-cost alternative in the existing futures market. The exchange will start trading […]

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Contributed by Caroline Ceniza-Levine
In the ideal world, you would use January to reflect on goals accomplished and to set the stage for  next year’s performance review and bonus discussion.  However, if it’s January and you haven’t prepared for this year’s bonus talk yet, then you need to focus on last-minute moves:

Find out exactly what bonus decisions have […]

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Some of us woke up on New Year’s Day with a headache from drinking too much champagne the night before. But others woke up with a hangover of a different kind: a financial hangover. For some reasons that might not be immediately apparent to you, despite earning a high salary at your job in finance […]

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Contributed by Susie Potier 
Come December, the whispers on Wall Street are not about who is doing what for New Year’s Eve or where to go on the perfect winter beach getaway. Let’s not kid ourselves. The talk on the Street is all about bonuses. Who’s getting how much, and more importantly, who’s not getting as […]

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Contributed by Susie Potier
A rumor was circulating around the Futures Industry Association (FIA) Expo last month when the largest futures exchange did not exhibit at the conference. The question on the tip of everyone’s tongue was “why wasn’t the Chicago Mercantile Exchange (CME) at the FIA show?” It was the talk of the […]

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With more women becoming entrepreneurs than ever before, there is a high demand for information about how to start a business. At the Futures Industry Association Expo in Chicago last week, one of the panel discussions included advice on building a managed funds business. The broad-based suggestions given to the audience were applicable to a […]

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Contributed by Lauren Davis
Move over, fantasy football. There’s a new game in town. The UpDown, a new fantasy investing site, enables its members to trade stocks rather than quarterbacks. The site provides each member with a $1 million dollar virtual portfolio, which they can then invest and grow, all without the risk […]

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This is a story of two women. In New York, a successful young woman in finance spends her days at a major investment bank structuring billion dollar loans to finance telecom deals. In Calcutta, a poor young woman who spends her days as a street sweeper takes out a $50 loan to buy enough supplies […]

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A swathe of stories in the UK press this week about the Pay Gap issue has columnists and career women agonising over why the slowly narrowing gap between what high-end men and women earn has gone into reverse after eleven years.

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Are men really from Mars?  Women from Venus?  You’d think so from recent research on why we take jobs in the financial arena in the first place. (Hands up those of you who do it for love?  No?  The  biggest paycheck?  Yep, I thought so.  You’ll be the boys, then).

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