Minneapolis Fed gets new head After 24 years on the job, Federal Reserve Bank of Minneapolis president Gary Stern retired last month. Today it was announced that Narayana Kocherlakota will  be his replacement, taking over the position immediately. He will become voting member of the Federal Open Market Committee in 2011. Narayana Kocherlakota, 45, is an economics ...

Click here to read complete article.

The judge said Norman Hsu stole more than $50 million from hundreds of investors in a 10-year fraud by winning their confidence with a pristine reputation, even as he ripped them off in a complex Ponzi scheme, a recipe that the judge noted fits many white-collar crimes.» E-Mail This     » Add to Del.icio.us Read more about ...

Click here to read complete article.

Largest volunteer network in the U.S. This 2007 photo shows HandsOn Network volunteers cleaning up a neighborhood. Image from Flikr.com. We have all heard the president calling for everyone to be good citizens and do volunteer work. Now, there’s a little extra incentive from Disney, who is running the “Give a day, get a Disney day” ...

Click here to read complete article.

Restaurant.com is offering a 80% off with the coupon code CHEF, resulting in a $25 “certificate” for $2. Offer ends September 30th. Contrary to my skeptical remarks (I’ve never used one of these before), many readers responded that they indeed found these certificates very useful in savings some money. Read their comments here. Here’s a sample ...

Click here to read complete article.

Site had been criticized for being “out of date” Your stimulus dollars at work, as recounted by the new Recovery.gov (Photo: flickr.com) Is America’s economic engine running without knocks and pings yet? I would suggest that we are far from being out of the woods yet, despite pockets of stability. However, those who are ready to exclaim ...

Click here to read complete article.