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 [...]
I hate to pick on Geithner, but…
June 3rd, 2009 · Comments Off
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 [...]
Tags: Uncategorized
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 [...]
Tags: Uncategorized
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.
Tags: Uncategorized
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
Tags: Uncategorized