Capitalism is predicated on rewarding people and businesses for adding value to society. Unfortunately, corporate America continues to set a horrible example for our economy.
Former CEO of Hewlett-Packard Leo Apotheker was awarded -- yes, awarded -- at least $13 million in cash and stock for doing a shitty...
Posted October 11, 2010 | 12:35:57 (EST)
The Royal Swedish Academy of Sciences has awarded the 2010 Noblel Prize in Economic Sciences to Peter A. Diamond (MIT), Dale T. Mortensen (Northwestern), and Christopher A. Pissarides (London School of Economics) "for their analysis of markets with search frictions." But I wonder: should the Academy have given...
Posted October 6, 2010 | 14:09:06 (EST)
Bond king Bill Gross recently said, "Prosperity and overconsumption was driven by asset inflation that in turn was leverage and interest rate correlated." Although Bill says "was driven by," current US Federal Reserve and Bank of Japan policy continues to create asset inflation (e.g.,...
Posted September 16, 2010 | 16:01:10 (EST)
AOL has a packed mausoleum of successful products that dropped dead. In the beginning, they had a monopoly on internet access. Then they had the absolute hottest social app, Instant Messenger (IM). Now, the company is driving up a WRONG WAY and heading for a head-on collision with their online content.
IMHO,...
Posted September 8, 2010 | 15:40:26 (EST)
First the the Egyptians gave it a run. Then the Greeks and Romans took a try. Later the Iberian Peninsula and Great Britain sat atop the throne for a round. And, of course, there is no shortage of historical dynasties in Asia.
However, since the end of WWII, the United...
Posted August 25, 2010 | 19:06:11 (EST)
The US is in deep shit. However, if we're willing to take the necessary steps, we can recover from the mess we made.
The mainstream media is filled with emotionally-driven, over-simplified proposals for fixing a very complicated problem. We are inundated with single-brain-cell solutions such as deporting illegal...
Posted August 19, 2010 | 16:07:29 (EST)
The Great Recession continues to take a tragic toll on the US middle class. Although credit markets are unfrozen and economic activity has drastically improved since the SP 500 hit 666 in March of 2009, the tsunami after the quake is still in full force.
Posted August 12, 2010 | 13:46:42 (EST)
Are you depressed about all the headlines focusing on unemployment and the jobless recovery? To some people that story may as well be unfolding on another planet.
Indian super power car manufacturer Tata Motors Ltd. (TTM) just announced "sales at Jaguar and Land Rover jumped 81%...
Posted August 4, 2010 | 15:15:14 (EST)
Despite the temptation to oversimplify a complicated world by being a bull or bear, we are sticking with the mixed bag theme we laid out for our subs many months ago. In an economy full of both positive and negative events, there is no other logical conclusion.
One of...
Posted July 28, 2010 | 16:15:22 (EST)
Wall Street and Silicon Valley always need something hot. Although unemployment is high and optimism resembles the scenes at the start of an anti-depressant commercial, we have found five CEOs who are building companies which haven't stopped to notice the recession...
Posted July 21, 2010 | 15:30:41 (EST)
Over the past decade, Goldman Sachs (NYSE: GS) ran up field like Alabama football's Heisman Trophy winner Mark Ingram. However, yesterday the SEC spearheaded Goldman like NFL superstar Ray Lewis. Fumble!!!
If I were the VP of Sales at Morgan Stanley (NYSE: MS) overlooking Times Square at 1585 Broadway, this morning...
Posted July 14, 2010 | 17:55:26 (EST)
Yesterday, the US Department of Commerce announced the US trade deficit -- the difference between exports and imports -- jumped a "surprising" 4.8% to $42.3 billion in May. Fittingly on this Bastille...
Posted July 8, 2010 | 11:32:20 (EST)
The main stream media is overflowing with hyperventilating bears preaching about a Depression. All fear-mongering aside, we see two very positive developments in the US economy: retail and corporate spending.
Posted June 28, 2010 | 14:41:46 (EST)
Last week at the Newhouse conference for Monetizing Online Business, I caught up with Foursquare Co-founder and CEO Dennis Crowley to ask him what every entrepreneur wants to know from the hottest guy...
Posted June 16, 2010 | 15:24:57 (EST)
Tesla was a genius. Buying shares of the new IPO for the car company named after the innovator ... not so genius.
Of course, owning shares of TSLA will be a status symbol in certain social...
Posted June 10, 2010 | 15:35:56 (EST)
Can we avoid black swans? Ken Posner -- veteran Morgan Stanley (NYSE: MS) securities analyst and author of the book Stalking the Black Swan: Research and Decision-Making in a World of Extreme Volatility
Posted May 26, 2010 | 19:42:44 (EST)
Last night, Micheal Ventrella was declared the winner of the 2010 season of The Biggest Loser. In celebration of such a respectable accomplishment, I propose we solve the global sovereign debt crisis...
Posted May 12, 2010 | 14:38:42 (EST)
Based on the evidence below, the US currently has an underclass reaching about 10% of the population. Although these sorts of phenomena occur during recessions, keep your eye out as there are other signs the US is turning into a two-class society:
Posted May 8, 2010 | 17:24:49 (EST)
"Guys, this is probably the craziest I have seen it down here ever." Here it is, memorialized for the generations and away from the now openly ridiculous disinformation propaganda of the mainstream media, just what a full market meltdown panic sounds like: straight from the epicenter, the S&P 500 pits....
Posted May 5, 2010 | 15:11:36 (EST)
Preventing illegal immigration is not as simple as throwing up some fences. Evidently, humans can figure out how to circumvent obstacle courses.
In order to determine an effective solution to illegal immigration, we must first understand the major reasons why it has grown out of control:

1 Comments | Posted October 6, 2011 | 13:00:53 (EST)