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Recent Commentary

October 14, 2008
Lexis Nexis - AC
An Obama "Rescue' Plan That Doesn't

By: Investor's Business Daily

 

Election '08: On the eve of a final debate, Barack Obama unveiled an emergency "rescue" of the middle class from capitalism. The details show it to be all hype and no help.

Democratic presidential nominee Barack Obama's...


October 14, 2008
Lexis Nexis - AC
Getting The Lenders To Lend; A CRISIS IN FINANCE

By: The International Herald Tribune
Floyd Norris - The New York Times Media Group

 

Mark Landler contributed reporting.

*

But will the banks lend to each other? At the end of a weekend when nearly all of the world's major bankers and finance ministers gathered in Washington to stanch the global credit crisis,...


October 13, 2008
Lexis Nexis - AC
Talking Ourselves Into A Depression

By: Investor's Business Daily

 

Economy: Feeling a bit, well, depressed? It's not surprising. Headlines around the world are filled with the D word, as if an epic global economic collapse were inevitable -- especially here in the U.S. It isn't.

No, we're not...


October 13, 2008
Lexis Nexis - AC
LEARN TO ANALYZE DETAILS Win Over The Consumers

By: Investor's Business Daily
SONJA CARBERRY

 

6 You can have the market's hottest product and still suffer a lukewarm consumer response. The sales are in the details. Issues to consider:

** Follow it through. Every year, Stanford University hosts a Cool Products Expo to...


October 13, 2008
Lexis Nexis - AC
Can Small Businesses Weather The Storm? Entrepreneurs Scramble To Survive In Crisis' Wake

By: Investor's Business Daily
DOUG TSURUOKA

 

Liberty Laser Eye Center feels like it's sitting in the eye of the hurricane these days.

The small business owned by Nancy Tanchel in Vienna, Va., performs refractive surgery that lets patients nix eyeglasses or contact...


October 13, 2008
Lexis Nexis - AC
Investors' Real Fear: A Socialist Tsunami

By: Investor's Business Daily

 

The Crash: "Why has the market dropped so much?" everyone asks. What is it about the specter of our first socialist president and the end of capitalism as we know it that they don't understand?

 


October 13, 2008
Lexis Nexis - AC
TOM PETRUNO / MARKET BEAT; Stocks: Bargain Or Trap?

By: Los Angeles Times
Tom Petruno

 

When the stock market goes on sale, smart investors are supposed to seize the opportunity.

But Wall Street's decline of the last three weeks has been so drastic, it has left even veteran money managers too afraid to step...


October 13, 2008
Lexis Nexis - AC
Regulators Face Deficit Of Trust; Fair Game

By: The International Herald Tribune
Gretchen Morgenson - The New York Times Media Group

 

Stock market investors, even more than the average Jane, hate unpleasant surprises. Unfortunately, as last week showed, this bailout business is chock full of them.

Consider the backstop recently provided to American...


October 13, 2008
Lexis Nexis - AC
AUTOS: GM-Chrysler Merger Could Make Problems Worse -- Analysts

By: Greenwire

 

A merger between General Motors Corp. and Chrysler LLC would not likely solve the financial woes of either of the ailing automakers, and such a move could actually make matters worse, analysts said.

 


October 12, 2008
Lexis Nexis - AC
Personal Finance; The Psychology Of Financial Panic; When It Comes To Stock Volatility, Your Instincts May Tell You To Do The Wrong Things.

By: Los Angeles Times
Kathy M. Kristof, Special to the Times

 

Having trouble investing wisely in today's tumultuous market?

The problem may be your brain.

Brad Klontz, a Hawaii-based psychologist who specializes in financial disorders, says that thanks to lessons we learned as cave...


October 12, 2008
Lexis Nexis - AC
THE MIDWEST <|> Toward A New Vision For The Industrial Midwest <|> A Region Long Balkanized Must Work Cooperatively In An Era Of Global Competition For Labor And Money.

By: Milwaukee Journal Sentinel (Wisconsin)
DAVID HAYNES, Staff, Milwaukee Journal Sentinel

 

Our ancestors built the canals and railroads to move the timber, grain and livestock to markets across the country, they developed the assembly line system and changed the industrial world forever, they formed trade unions and...


October 12, 2008
Lexis Nexis - AC
Don't Underestimate Corporate Greediness

By: The Star-Ledger (Newark, New Jersey)
RACHEL BECK, ASSOCIATED PRESS

 

Even as Wall Street trembled, some of the people responsible for the financial storm got facials and others tried to secure million-dollar payouts.

Just days after the U.S. government saved American International Group with an...


October 10, 2008
Lexis Nexis - AC
Shell Deflects Responsibility To Governments; ENERGY: Governments Must Lead On Renewables, Says Shell CEO


By: IPS (Latin America)
Rahul Kumar

Shell CEO Jeroen Van der Veer told IPS in an interview at the IUCN World Conservation Congress that if governments wanted to fast-track the creation of sustainable energy, they must come up with long-term global standards to...


October 10, 2008
Lexis Nexis - AC
Financial Firms Need 'nutrition Labels'

By: Christian Science Monitor
David Peck

 

"Is my money safe?" That's question No. 1 for many Americans today. And it goes to the moral heart of the global financial crisis: lack of trust.

But some of this trust can be restored simply and inexpensively. My idea? What the...


October 10, 2008
Lexis Nexis - AC
A Crisis From Lessons Not Learned

By: The International Herald Tribune
Floyd Norris - The New York Times Media Group

 

Imagine what Republicans would have said a few months ago had someone proposed that the government should lend money to companies that could not get credit in the free market.

Imagine what Democrats would have said if it turned...


October 10, 2008
Lexis Nexis - AC
Want To Be Like Buffett? There Are Ways

By: Chicago Tribune (Illinois)
By Gail MarksJarvis, Chicago Tribune

 

Frustrated by the financial meltdown, some investors have an idea: Stand next to a winner.

And not just any winner. They're eyeing Warren Buffett.

"I'd like to get a piece of the sweetheart deals he got at Goldman and GE," one...


October 9, 2008
Lexis Nexis - AC
STATEMENT BY SECRETARY HENRY M. PAULSON, JR. ON FINANCIAL MARKETS UPDATE

By: States News Service
States News Service

Last Friday Congress finalized and President Bush signed into law the bipartisan Emergency Economic Stabilization Act. The EESA provides the Treasury, the Federal Reserve and the FDIC with important new authorities to complement...


October 9, 2008
Lexis Nexis - AC
Fannie Mae And Freddie Mac Must Go

By: Christian Science Monitor
David G. Oedel

 

At the time, it was perhaps the biggest bailout in US history. Today, one month later, the federal takeover of mortgage giants Fannie Mae and Freddie Mac has been all but forgotten in the drama of the global credit crunch....


October 9, 2008
Lexis Nexis - AC
How Much Are The Accountants To Blame?; In The Sub-prime Crisis And Its Ruinous Aftermath, Accountants Fell Short As Gatekeepers

By: The Business Times Singapore
Ho Yew Kee

 

THE Enron debacle gave rise to the significant debate concerning the role of accountants. The end result is the passing of the Sarbanes-Oxley Act which redefines the role of accountants and strengthens their independence and...


October 9, 2008
Lexis Nexis - AC
SHOULDN'T SOMEONE AT WAMU PAY?

By: THE SEATTLE POST-INTELLIGENCER
BILL VIRGIN P-I columnist

 

"I'D APPRECIATE your thoughts," a reader writes, "on why senior executives (and corresponding board of directors) with WaMu, Wachovia, Lehman Brothers, etc. shouldn't be held criminally liable (as in the case of Enron, Adelphia,...


October 8, 2008
Keynote Address of CDFI Fund Director Donna Gambrell at National Bankers Association 81st Annual Conference

By: CDFI Fund Director Donna Gambrell

Introduction.Thank you for your kind introduction. It is a pleasure to be here today at the National Bankers Association’s 81st Annual Convention. As you are aware, we are in the midst of numerous and momentous historical...


October 8, 2008
No More Bull

By: Larry Checco

For years I’ve been telling my clients that good branding is far less about logos, taglines, marketing, advertising and public relations, and far more about quality leadership and staff; accountable and ethical behavior; and a...


October 8, 2008
Lexis Nexis - AC
Founders Would Approve; It Might Have Been Ugly To Watch, Yet The Machinations Of Congress Over The Rescue Plan Unfolded Just As America's Forefathers Envisioned.


By: USA TODAY
Ross K. Baker

 

If the passage of the federal $700 billion rescue succeeds in pulling us back from the financial abyss, we have some people we need to thank. Not the president, who belatedly worked the phones and emerged only intermittently...


October 8, 2008
Lexis Nexis - AC
THE FINANCIAL CRISIS; DAVID LAZARUS / CONSUMER CONFIDENTIAL; Facing Up To The Downturn; AIG Fiddles, Wall St. Burns / A Week At The Spa Can Ease A Lot Of Pain For Callous, Overpaid Execs

By: Los Angeles Times
DAVID LAZARUS

 

When the going gets tough, the tough get pedicures.

Just days after the federal government committed $85 billion of taxpayers' money to a bailout of insurance giant AIG last month, senior execs from the troubled company headed...


October 8, 2008
Lexis Nexis - AC
Get A Grip On Influence

By: Investor's Business Daily
GLORIA LAU

 

3 Whether you're the CEO, director or assistant, your success depends on an ability to influence others. There are tricks to getting others on your side. One is applying social science research to business, says psychologist...


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