Latest news (Page 148)
Merrill CEO Shopped While Company Burned
From the Daily Beast: In early 2008, just as Merrill Lynch CEO John Thain was preparing to slash expenses, cut
Thanks for Nothing....
From Bloomberg: RBS Taxes, Hailed as Contribution to Society, Erased by Rescue By Simon Clark Jan. 23 (Bloomberg) -- Fred
Closures and Layoffs: Jan 18-24
The latest from Mark Heschmeyer of CoStar. Closures & Layoffs (Jan. 18-24); After Holiday Retail Layoffs Begin A Weekly Report
States Need Bailouts Too
From the Economic Policy Institute: Economic Snapshot for January 21, 2009 In recessions, federal grants are key to recovery for
Single-Payer Job Recovery (Cal Nurses)
What looks to be an impressive study from the California Nurses Association. Hat-tip to Dr. Christine Adams of Health Care
Still Making Sense
We have been negligent today posting to the blog, partly from watching the inauguration. We've also been busy
Hansen: President Has 4 Years To Save Earth
A few weeks ago ("Nasa Scientist: Cap & Trade Not Sufficient," Jan 1st) we posted an item featuring
Krugman on Resistance to Nationalization
Pretty good summary of the situation many banks find themselves in, and an interesting conclusion regarding resistance to full nationalization
Corporate Bond Conundrum?
Highly-rated corporate bonds have been a hot item lately (which creates problems for the Fed and Treasury, as they serve
The Year of Living in Denial
Exactly one year ago, central banks and finance ministries spent the US Martin Luther King, Jr. holiday weekend cobbling together
Global Imbalances and the Triffin Dilemma
Interesting piece from Reuters: January 13th, 2009 Global imbalances and the Triffin dilemma By: John Kemp John Kemp is a
Unrest in Eastern Europe Grows
From The Observer. The article notes that "Another problem in Romania, as elsewhere in the region, is that many