Dilbert on stock splits...yeah Apple, we're talking about you.

Via Josh Brown.

A not so veiled jab at the recent 7:1 stock split undertaken by Apple.  Apparently having a high stock price is no longer cool.

How generous are the top 50 S&P 500 companies' 401K plans

There's a big difference across plans, and it has nothing to do with investment options.   As usual, the details are in the fine print.

"Close the business schools!!" says English Professor.

An amusing rant from a humanities professor who seems to have an axe to grind with B-Schools and Finance Profs in particular.  Whenever you read an article in which the market is referred to in quotes, as in: "the market", you know that what follows is going to be a complete failure to understand the basics of supply and demand.  

Why would a non-profit issue taxable bonds?

To avoid regulation.   Apparently, universities are increasingly issuing taxable bonds (where the bond buyer has to pay taxes on the interest) in order to get greater flexibility in where those funds can be used.   In effect, the borrowers are paying more interest to avoid covenants imposed the federal government.

Finance research summarized for non-academics

Check out this new online journal/magazine that reproduces summaries of top finance research targeted at a broader audience.   This is an excellent idea and the first two issues contain some really good papers.

http://fame-jagazine.com/

It comes at a time when some people are questioning whether academic research in business is a positive NPV project.