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Bond-Fund Frenzy Hurts Economic Growth?

Companies are issuing bonds at dirt-cheap rates. What does management do with the money? Increasingly, bond buyers' cash is being used for mergers and acquisitions, but M&A does nothing to create jobs or motivate innovation. In fact, deals frequently lead to layoffs and consolidation, shrinking the economic pie. Jonathan Burton reports.

Posted on August 30, 2010

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Arends: We're All J.P. Morgan Now

SmartMoney's Brett Arends checks in on Mean Street to look at the J.P.

Video Archives - May 2012