Tuesday, Dec. 7 The Ten Stupidest Financial Moments Of The Year

The Emily Rooney Show

A production of  

 

Recent Episodes

Supported by:

Fri. 5/25/12
Week In Review

Fri. 5/25/12
Week In Review

The Emily Rooney Show

Public affairs professional Terence Burke, social critic and attorney Wendy Kaminer, and regular contributor to the Boston Globe Tom Keane weigh in on the week that was.

Thurs. 5/24/12
Is The Isabella Stewart Gardner Museum Heist Close To Being Solved?

Thurs. 5/24/12
Is The Isabella Stewart Gardner Museum Heist Close To Being Solved?

The Emily Rooney Show

We check in on recent developments in the Isabella Stewart Gardner heist with Tom Mashberg, who has been following the case for 22 years.

Thurs. 5/24/12
Local Scientist Redefines Brain Power

Thurs. 5/24/12
Local Scientist Redefines Brain Power

The Emily Rooney Show

We talk with the local scientist at the center of the development of the powerful new technology that allows paralyzed people to move objects – with their thoughts.

Thurs. 5/24/12
Show & Tell — Chloe Caldwell’s Legs Get Led Astray

Thurs. 5/24/12
Show & Tell — Chloe Caldwell’s Legs Get Led Astray

The Emily Rooney Show

Our resident provocateur talks about trends in young women's confessional literature, epitomized by Chloe Caldwell's frankly sexual writing.

Wed. 5/23/12
Pets, Etiquette And The Law

Wed. 5/23/12
Pets, Etiquette And The Law

The Emily Rooney Show

Kara Holmquist, MSPCA director of advocacy, and animal behaviorist Terri Bright take your questions about the line between rude and illegal when it comes to pet etiquette.

Wed. 5/23/12
The 30 Songs That Cost Joel Tenenbaum $675,000

Wed. 5/23/12
The 30 Songs That Cost Joel Tenenbaum $675,000

The Emily Rooney Show

Joel Tenenbaum, former BU Student who was sued by the RIAA, joins us to discuss the case.

Related Content

Comment on This Episode

Post a Comment

Sheryl commented on The Emily Rooney Show on 12.07.10
Mea Culpa dear listeners! Ireland is on the EURO, not the pound. For shame on me! Sheryl Marshall

will commented on The Emily Rooney Show on 12.07.10
Emilys guest who submitted her top 10 Stupidest Financial Moments of 2010 list should have added her boneheaded comment that Ireland is on the British Pound. It isnt its on the Euro hence the Eurozone helping bail out Ireland during its financial crisis.

The Ten Stupidest Financial Moments Of The Year: The economy has dominated the news in 2010 and for good reason. Everyone from Congress to the Fed -- multi-national corporations to small businesses -- have had some serious financial decisions to make. Well, our Everything Money financial maven Sheryl Marshall says not all of those decisions have been…shall we say….wise. So she’s compiled a year-end list of her “Ten favorite financial stupidities of 2010.”

Here is Sheryl's list:

10: Not buying Apple in January, 2010. Then it was at 190, it closed at 320 on 12/6.

9. Congress halting unemployment benefits right before Christmas, could affect, an estimated 1.6 million people.

8. Not getting in on the gold rush. The price of gold on January 1 was $1100/oz and analysts predicted it would go to $1200 by year’s end. It was at $1417/oz in early December.

7. Greece having to be bailed out, at a cost of an estimated 45 billion Euros.

6. And Ireland, to the tune of an additional 85 billion.

5. The story of LocatePLUS: Two former executives of a Beverly technology company were indicted on 12/5 in on securities fraud and other charges. Prosecutors allege the former chief executive of LocatePLUS Holdings Corp., Jon Latorella, and its former CFO, James Fields, falsified documents to inflate the company's revenue and create a bogus $1 million pending windfall. The company provides online access to real estate and other public records for investigative searches. As part of their deception, authorities said, Latorella and Fields stole the identity of a young man who drowned in Marblehead Harbor 25 years ago to create a fictional executive whom they used in the scheme.

4. FEC vs. Citizens United, which opened the door to piles of toxic, anonymous money pouring into our elections.

3. The Flash Crash of May 6, when the Dow dropped almost 1000 points in one day, due to algorithms and electronic trading gone wild.

2. Bad paperwork from the banks that led to all foreclosures being halted in October, 2010.

1. BP Oil Spill. The cost was an estimated $45 billion dollars! You could almost bailout a small European country for that kind of money.


2012 Auction Highclere Castle
Explore! Members' Magazine iPad App