The Securities and Exchange Commission sued Life Partners Holdings Inc. and three top executives, alleging a years-long disclosure and accounting fraud that involved misleading financial statements and backdated documents shown to auditors.
Month: January 2012
Scary Charts – Labor Force Participation At Lowest Since 1984
The NFP report confirms the picture we have all known to grow and love – the people “entering” the labor force are temp workers, those with marginal job skills, and making the lowest wages. For everyone else: better luck elsewhere: the number of people not in the labor force has soared by 7.5 million since January 2007, and the average duration of unemployment is 40.8 weeks – essentially in line with last month’s record 40.9. Bottom line – if you are out of a job, you are out of a job unless you are willing to trade down to an entry level “temp-like” position with virtually no benefits or job security.
Click the link for the charts. In prior posts I’ve reproduced Scary Charts on my website. For these charts I’d like my readers to go to the source, especially if you have never read Zero Hedge.
I spend a lot of my “free” time catching up on the news. Saturday mornings are my favorite time to catch up on news, think, and reflect. We all need time to think deeply.
DIY investing and the IKEA effect – Abnormal Returns
This idea that more effort equals better outcomes or better quality seems to be inherent in us humans.
via DIY investing and the IKEA effect | Abnormal Returns.
Kind of a spin on the old saying of “work smarter, not harder”.
BTW the “IKEA effect” doesn’t exist in Oklahoma because the closest IKEA is 200 miles away in Dallas.
MedPage Today Blogs – Health News Watchdog
We’re going to see a lot of these “what to do in the New Year” health tips columns. We hope more of them are more evidence-based than this one was. And we hope that journalists don’t act on these news tips without doing their own homework on the state of the evidence.
via Cleveland Clinic’s “Top Tests for 2012” Clash With Many Guidelines – MedPage Today Blogs – 30297.
Check your facts.
Seth’s Blog: The chance of a lifetime
The thing is, we still live in a world that’s filled with opportunity. In fact, we have more than an opportunity — we have an obligation. An obligation to spend our time doing great things. To find ideas that matter and to share them. To push ourselves and the people around us to demonstrate gratitude, insight, and inspiration. To take risks and to make the world better by being amazing.
Maurice Sendak – “You Just Have to Take the Dive”
TateShots » TateShots: Maurice Sendak.
Ever wonder about the artist who created “Where the Wild Things Are”? You’ll simply love this short documentary video.
HT – Barry Ritzholtz, Josh Spector
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