Monday, June 24, 2013

Forget self-denial: Key to richer, healthier life is a good imagination - Red Tape

Forget self-denial: Key to richer, healthier life is a good imagination - Red Tape:


The "He" is Joesph Kable from Penn.
"Recently, his research took an inspirational turn. He found that subjects whose brains show added activity when imagining the future also make better decisions about money. Kable suspects that consumers who can really, viscerally imagine how great that new car will smell when they drive off the lot, or how excited they will be when getting the keys to a new home, have a much easier time saving money. Conversely, those who have dull imaginations tend to live in the present, and blow their cash on payday"

Friday, June 21, 2013

Former Enron CEO Skilling's sentence cut to 14 years - Yahoo! Finance


 Former Enron CEO Skilling's sentence cut to 14 years - Yahoo! Finance:

"Former Enron Corp Chief Executive Jeffrey Skilling's near decade-long quest to prove he did nothing wrong at the once high-flying energy-trading behemoth ended on Friday when a federal judge shaved 10 years off of his prison sentence."