Tag Archive for Nicolas Sarkozy

French president Francois Hollande CUTS! retirement age – Telegraph

By Emma Rowley4:46PM BST 06 Jun 2012 France’s new socialist government cut the country’s retirement age in the face of the eurozone’s deepening crisis, citing “social justice” to explain a move that goes against austerity efforts across the region. Workers who entered employment aged 18 will be able to retire at 60 rather than 62,…

One of the Telltale Signs Behind Risky Stocks

Short-term corporate thinking has been blamed for many of America’s economic ills.

With little foresight beyond next year, management sometimes closes down plants and fudges accounting to make this year’s earnings look better and boost the stock price.

Often, it is simply because management is excessively rewarded by short-term incentives such as stock options.

While investors might benefit from these shenanigans in the short-run, a new study points out the long-term effects are frequently negative.

A new Harvard Business School study entitled “Short-termism, Investor Clientele and Firm Risk” has shown that short-termism is bad for investors increasing their risks without any corresponding increase in returns.

In other words, risk and the short-term thinking usually go hand in hand.

Breaking Down the Conference Call

The study used a very interesting method to find out which companies are short-term oriented or more risky.

To continue reading, please click here…

France May be the Domino that Causes the Euro to Collapse

Commentators are wringing their hands again, worried the troubles in Spain could cause the whole euro project to collapse. As a result, all eyes are now on Spanish 10-year debt yields, which went above 6% last week as the threat of euro-chaos returned. But it’s not Spain the markets should be worried about.