Breathtaking news, Wall Street investors are breathless with optimism. The world is going to hell in a breathlessly accelerated…
Wall Street
Just When You Thought the Sub-Prime Mortgage Was Dead
…it’s back, at least in England. An interesting and somewhat frightening article by Rupert Jones appeared in the Guardian today…
The Stock Markets—a Reality Show
A reality show is a genre of television programming that documents unscripted situations and actual occurrences, often featuring a previously…
Drawn and Quartered; the Fate of American Business
For nearly 600 years under English law, one could be ‘drawn and quartered’ for the crime of treason. Yet our…
Chasing the Quarterly-earnings Rabbit
So the news this week is that Meg Whitman, CEO of Hewlett Packard has upped the ante for firing employees…
‘Too Big to Fail’ is all about Sending the Wrong Message
Yesterday’s article about AIG (the insurance giant) being designated a systemically important financial institution (SIFI) kicked off this column,…
When Ease becomes Disease
Good news folks, the minds of those who see us as consumers, rather than struggling Americans, have been eased. So…
Brooking No Excuses from Alan Greenspan
Pardon the headline pun, but there is hardly a more comfortable place to float a re-writing of your own personal…
Elmer Fudd, Kwedit and Those Cwazy Kiddies
Buy Now, Pay Later (Maybe With Your Allowance) By RANDALL STROSS Published: February 6, 2010 BUSINESSES don’t let 13-year-olds pay…
Weaning Citigroup from the Taxpayer Bailout by Milking the Taxpayer
U.S. gave up billions in tax money in deal for Citigroup’s bailout repayment DEAL MADE TO RECOVER BAILOUT Firms exempted…