Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out: [except - read the whole post here] Is there a root cause? And if so, why is it not discussed? So why is it not discussed? Because sometimes we take some things [...]
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(via Freakonomics) The latest recession indicator: more people are searching Google for "coupons" than for "Britney Spears." And it's not that Britney is getting less popular.
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Joe Nocera thinks so. Ms. Bair — who, thankfully, will remain the head of the F.D.I.C. in the new administration — has been thinking along the same lines. She, Mr. Bernanke and Treasury officials have begun talking about a new kind of bank, one that would be created and capitalized by the federal government, [...]
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A conversation with Léo Apotheker, co-CEO and a member of the Executive Board of SAP AG and Andrew Mcafee of the Technology and Operations Management Unit at Harvard Business School on Charlie Rose (aired Jan 6th) On IT within the Financial Services industry: LEO APOTHEKER: And you know, what you said about financial institutions [...]
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The folks at Bloomberg have alerted me that Paulson will be on Bloomberg TV today: In an exclusive interview as he prepares to leave office, Treasury Secretary Henry Paulson responds to the latest jobs number — which could be the worst since the 1970s. He'll also talk about his biggest successes and biggest disappointments in [...]
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The December job loss numbers are not pretty and the markets are down. A good summary at MarketBeat and particularly nice graphics at the NYT (the charts are linked by animation at their site).
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This is the first in a series of posts by guest author, Katherine Duran. Who can or will ever forget all the investment problems of 2008? Problems that most likely began sometime in 2007 and have yet to take their last curtain call. Problems that seemed to be independent, yet act in concert to create [...]
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I'm not the only one with a crush on Andrew Ross Sorkin, editor of NYTimes DealBook. He's been so great on Charlie Rose (my other big crush) that the NYC PBS station has invited him to host a seven-part series on the economy and what it means to everyday New Yorkers. Starts on Thursday the [...]
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At Forte Financial Glenbrook Partners we’ve been gripped by the credit crisis, yet drowning in news and data; we wanted an index of credit crisis coverage. We suspect that you, too, would appreciate a guide to the gems of insight and plainspoken verbiage that explain, question, and illuminate these unprecedented times. So we’ve created one [...]
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At Forte Financial Glenbrook Partners we’ve been gripped by the credit crisis, yet drowning in news and data. We suspect that you, too, would appreciate a guide to the gems of insight and plainspoken verbiage that explain, question, and illuminate these unprecedented times. So we’ve selected the best of the coverage – an admittedly subjective [...]
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