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...details here. But the bottom line is very strong - and very clearly shows how solid, diversified and growing Google is. And what about the future in this cataclysm of an economy? While CEO Eric Schmidt was characteristically measured and calm ("While we are realistic about the poor state of the global economy, we will continue to manage Google for the long term...") it looks like Google will emerge from Great Depression 2.0 bigger and stronger than ever. Spend some time with the balance sheet, and listen to Google's top execs - who jackjawed over an hour with analysts after...
...Macquarie's investments are much broader than infrastructure, and new CEO Nicholas Moore argues that with little exposure to Wall Street's problems and $14 billion in cash, the bank can easily refinance debts. The recent credit crunch, however, has made the market cautious. On Oct. 14 Macquarie Group's shares were trading at around $24 ($A35), two-thirds off their peak of $85 in May 2007. And Babcock & Brown had tumbled from around...
Thomas Abraham, President and CEO of Hachette Book Publishing India: "What we all are very happy about is that we've reached a stage where abroad you are not counted as an 'Indian' ... an Indian author is not an oddity that has to be given a quota of awards...
...Jeff Immelt, CEO of General Electric and another award winner, said that two immediate problems facing political leaders were stopping the precipitious decline in housing prices and freeing up credit markets by getting banks lending again...
...Leaders around the world need to stand up, speak the truth, and inspire confidence in people that we will get out of this situation,” said former Ebay CEO Meg Whitman, who received one of the achievement awards...