Word: businessese
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Hidden by the big bottom-line losses are a number of Citi businesses that seem to be doing well. Along with mergers and acquisitions, analysts point to Citi's foreign-currency trading divisions and its business of processing payments and moving money around the world as two other bright spots...
"We are prepared to hazard the view that the post-Lehman meltdown is now over and the market is stabilizing" is how Ian Shepherdson of High-Frequency Economics greeted Wednesday's reported rise in new home sales. "That's not the same as a recovery, but it is better than...
If you want to feel encouraged about our economic near future - not this damned decade but the one to come - ignore the stock traders and go talk to some venture capitalists. They aren't quite giddy (after the '80s and '90s and '00s, beware all giddiness), but they are optimistic...
The present chastening can't mean turning into a nation of overcautious, unambitious scaredy-cats. This is the moment for business to think different and think big. The great dying off of quintessentially 20th century businesses presents vast opportunity for entrepreneurs. People will still need (greener) cars, still want to...
"Do you realize how radical your proposal is?" Republican Congressman Donald Manzullo of Illinois asked Geithner during an appearance Thursday in front of the House Financial Services Committee. "You're talking about seizing private businesses."