Word: bankses
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What do you think of Obama's plan to rescue the economy? He's trying very hard. You do have to either rescue or nationalize the banks, but other than that, I think that everybody should probably be on their own.
Do you think there will be a turnaround in real estate anytime soon? Real estate is cyclical and it will even itself out, but it would help if the banks would lend some of the money they've received.
It is tempting to say that no executive, no matter how accomplished, can fix the nation's largest banks. They can only be fixed when the credit markets themselves are repaired. Antagonists to that way of thinking would refer to Jamie Dimon of JPMorgan (JPM) who they claim can fix...
I work for a company acquired by AIG, and I'm a victim too [March 30]. What I'd like to know is that more than 99% of the folks who work for the insurance giant are not to blame for this pathetic mess. I work mostly with nonprofits like...
Unlike some of his more diplomatic predecessors, Strauss-Kahn hasn't shied away from publicly advocating policy changes - and even criticizing some of his taskmasters. When he made an impassioned plea in January 2008, at the Davos World Economic Forum, for countries to spend their way out of this crisis...