The authors find an effect of housing wealth on consumer spending that is both much lower than earlier research suggests and a lot smaller than the effect of changes in equity wealth.

ECONOMIST: House prices and the wealth effect

An analysis by Jan Hatzius, an economist at Goldman Sachs in New York, shows that the pace of mortgage equity withdrawal depends on changes in interest rates and house prices, not on their levels.

ECONOMIST: Economics focus

They argued that accidents of history, survivor bias, changes in corporate culture and many other factors had made equity returns look higher than they really were over the past 75 years.

ECONOMIST: Investment: In search of those elusive returns | The

The changes were aimed at tackling wealthy individual involved in private equity but Mr Lambert said the reforms would discourage small and medium size businesses from investing, and also hurt the economy.

BBC: NEWS | Business | CBI pans chancellor's tax changes

Through his Tracinda investment company, Kerkorian amassed an equity stake in GM and pushed for changes even as ratings firms continue to slash the automotive giant's debt ratings.

FORBES: The Heirs Of Michael Milken?

The bank's plan to issue 308.6 million new common shares was aimed at "strengthening the bank's equity capital in light of expected regulatory changes, " Chief Executive Josef Ackermann said.

FORBES

They are remodeling to accommodate family changes, lifestyles and specific needs, and in the process, rebuilding equity.

FORBES: The New Cycle: The Remodeling Industry

The first is an aggressive allocation (red) that recommends 100 percent in equity until age 39, then shifts to bonds using 10 percent changes every 5 years (red line).

FORBES: The Flight Path Approach to Age-Based Asset Allocation

Mark Tinker, an analyst with Commerzbank in London, reckons that around half of Germany's equity market is currently tied up in cross-holdings that might be disposed of once the law changes.

ECONOMIST: Now for the big push? | The