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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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Commentary & OpinionDecember 12, 2008 Will bankers be prosecuted?Source: The International Herald Tribunre - Paris The Wall Street backlash is under way. If it grows strong enough, it could end with some bankers facing criminal trials.
As with most searches for scapegoats, the process will not be entirely fair. But efforts by the big banks... December 11, 2008 Keep China on the Capitalist RoadSource: The Wall Street Journal Of the many actual and possible victims of the current global slowdown, one of the most troubling could turn out to be China's process of economic opening and reform. Turmoil at Western financial institutions and the credit... December 11, 2008 CEOs and Market Woes: Is Poor Corporate Governance to Blame?Source: Knowledge@Wharton, University of Pennsylvania From Wall Street to Detroit, chief executives are losing their bonuses, agreeing to work for a dollar a year and in many cases losing their jobs. Congress is invading the executive suite, demanding veto power over management... December 11, 2008 Market Value Accounting Crippling EconomySource: The American Spectator Herewith the first installment of an economic symposium that Brian S. Wesbury, our economics editor, has put together in the hope that the present financial crisis can be relieved without much more pain for the taxpayer. We... December 11, 2008 Bailout or Bankruptcy: What Will It Take to Get the U.S. Auto Industry Back on Track?Source: Knowledge@Wharton, University of Pennsylvania A government plan to rescue the U.S. automobile industry with $14 billion in emergency loans to General Motors and Chrysler was approved by the House of Representatives late on December 10, but the proposal continued to face... December 11, 2008 Treasury Assistant Secretary for Financial Stability Neel Kashkari Testimony before the U.S. House of Representatives Financial Services CommitteeSource: U.S. Treasury Department Washington - Good morning. Mr. Chairman, Ranking Member Bachus, and Members of the Committee, thank you for asking me to testify before you today regarding oversight of the Troubled Asset Relief Program. December 10, 2008 Where were the directors?Source: Globe and Mail Update - CA We are in the midst of a tectonic-plate movement in the financial world that is shaking the ‘real' world quite dramatically. My purpose here is not to review the causes and potential consequences of our current situation, but to... December 9, 2008 Going “green” will destroy DetroitSource: Today's Financial News The federal government is making a costly mistake bailing out the Big Three. Political pressure has forced the automakers to propose a horrific business plan that will ultimately ensure the automakers’ demise. Detroit is going... December 9, 2008 Energy Prices Not Headed for a CollapseSource: The Kiplinger Letter Don’t get complacent about lower oil prices. This market slide has overshot the mark, just as the upward swing did earlier this year. As we said last spring, supply/demand fundamentals didn't support oil prices of $150 a barrel... December 9, 2008 Holding CEOs AccountableSource: The Wall Street Journal The failure of the General Motors board of directors to fire CEO Richard Wagoner provides a rare glimpse into the inner-workings of big-time corporate boards of directors. The sight is not pretty |
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