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Several of America's most famous companies have fallen on very hard times recently and investors might want to ask whey their boards appear to have done nothing demonstrable to help shareholders...
...protectionist will Europe get as the recession bites? So far, there's no obvious answer to that important question. Some European leaders have expressed concern about the region's protectionist reflexes, while others are already talking about ways to fence in their economies. In a few special cases, leaders appear to be doing both...
...this current downturn as well, Walker's dim views, which at first seemed on the fringe, now appear less farfetched. The International Monetary Fund (IMF) in late January revised its forecasts for 2009 sharply downward, predicting the slowest global growth rate since World War II, at only 0.5%. IMF chief economist Olivier Blanchard said he expects "the global economy to come to a virtual halt." Even China would record only 6.75% GDP growth in 2009, according...
...instance, Harvard’s endowment garnered an annualized return of no less than 15.9 percent, which amounts to much more than the sum total of officials’ compensation packages. It is also worthwhile to note that Harvard manages its endowment in-house, so HMC officials appear only on the surface to make much more than money managers at peer institutions. In reality, other schools may pay far more in management fees and expenses, even though they do not directly employ their investors...
...gained in the election is of course unclear. But already many in Baghdad are speculating that the tickets headed by Prime Minister Nouri al-Maliki and former Iraqi Prime Minister Ayad Allawi appear poised to make the best showing. Iraqis largely seem content to wait for the final results in any case...