Retailer brand Lord & Taylor has not changed its tag line in the times of recession.  There is no reason why should it change either for recession is not going to change human attitudes and instincts overnight.  Human world is full of emotions and competitions. There is no point in denying that most people want [...]

Oliver Stone and Michael Douglas have agreed to do the sequel of the film ‘Wall Street’ (1987). Fox Studios is also negotiating with actor Shia LaBeouf for a role in the film. Allan Loeb wrote the screenplay. Ed Pressman, producer of the original film, will likewise finance the sequel. Filming is expected to start this [...]

When income does not go to savings, it generally ends up in the realm of consumption. The principle of consumption rests on the concept of disposable income. When one has more income to spend, he has the bigger opportunity to consume.
Consumption is rather attractive and tempting, at times. In a free world, there really is [...]

Once again, the American people are living in a time of utter concern for their economy. While the American government speaks in terms of its military victories over agents of terror, the ordinary American taxpayer might not be aware that he or she shall continue to shell out for his or her government’s military spending.
Through [...]

Pride renders in a proud man’s mind the idea that he has more rights than others, since he is deemed to be in a superior position. He, therefore, has the right to amass wealth more than the others. Pride leads to greed and gluttony, two more deadly sins, because pride gives the false impression that [...]

On the Pope’s visit to Angola, he called for an end to wars, tribalism, corruption, and the eradication of greed. Those words describe the decades-long strife and misery in the continent. He also paid tribute to women and cultural values, aspects of the continent’s strength. In a statement over Vatican Radio, Benedict said that war [...]

Wall Street is not a metaphor for greed. It is greed itself. In his radio program, the US president lashed out for the second time in less than a week at the financial market of his country. Obama warns that the US economic situation “is going to get worse before improving.” He also attacked what [...]

Government of India has proactively stepped in to rescue Satyam and control the damage done by Satyam scandal to India’s overseas image. Satyam founders Ramalinga Raju, his brother and financial head of the company are in judicial custody for interrogation. Government has appointed three experts as new board members and looks like Satyam and India’s [...]