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Commentary & Opinion

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
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
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 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
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
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
It's Past Time For This Panic To Be Stopped

By: The Atlanta Journal-Constitution
THOMAS OLIVER; Staff

 

This is going to be painful.

You know that's true because no one dares predict when or where it will end.

CNN/Opinion Research Corp. said this week that six out of 10 people think the economy will sink into a depression.

 


October 7, 2008
Lexis Nexis - AC
CHAIRMAN BERNANKE SPEAKS ON CURRENT ECONOMIC, FINANCIAL CONDITIONS AT NATIONAL ASSOCIATION FOR BUSINESS ECONOMICS 50TH ANNUAL MEETING

By: US Fed News
US Fed News

 

The chairman of the Federal Reserve Bank issued the text of the following speech:

Chairman Ben S. Bernanke

At the National Association for Business Economics 50th Annual Meeting, Washington, D.C.

Current Economic and Financial...


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