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I hate to pick on Geithner, but…

June 3rd, 2009 · Comments Off

Tim Geithner has been on my mind since President Obama tapped him to be his Treasury Secretary. I’d never heard of Geithner before then, and I quickly developed an uneasy sense about him.
No one is indispensable, which is (boiled down) what most media outlets reported at the time of Geithner’s nomination. The golden-haired boy wonder [...]

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Tags: Finance · politics

We can’t escape our crisis with the same thinking that got us into it

April 14th, 2009 · 2 Comments

The Financial Times published today a commentary on an article to appear in the May The Atlantic pointing out that, just as in many emerging economies that have tanked in recent years, a financial elite is running the US. While this has been obvious for years, I’ve never seen it written about in the major [...]

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BCG: Underestimating the Crisis

April 14th, 2009 · No Comments

BCG is publishing a series of reports about the economy called “Collateral Damage.” As has been my proposition from the beginning, being prepared for change before you even realize it’s coming is the secret to surviving the current world - political, social, economic, environmental - transformation. Not surprisingly, most leaders don’t recognize the fundamental shifts [...]

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Citigroup posts profit

March 10th, 2009 · Comments Off

Yea, after receiving tens of billions of taxpayer dollars, as well as billions from sovereign investment funds, I’d be profitable as well.  Oh, and lets not forget the market cap is all of $10 billion dollars.

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Jim Rogers on the economic situation

March 1st, 2009 · No Comments

http://www.businessweek.com/magazine/content/09_10/b4122017811535.htm?chan=rss_topStories_ssi_5

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