Word: late
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...Other than the fact that both hail from Minneapolis, what brings this odd couple together is one thing: money. Linking up with an exclusive retailer is not a new idea, but it has proven to be quite a profitable one of late, at least for well-established musicians. The Eagles and AC/DC released their most recent original albums exclusively through Wal-Mart, and in January, Bruce Springsteen gave the chain an exclusive greatest-hits set. Each benefited from massive in-store promotion and stop-the-cart placement - AC/DC's Black Ice sold 1.92 million copies to rank as the fifth...
...Late last week, Goldman Sachs cut its earnings expectations for the stocks in the Standard & Poor's 500. Collectively, Goldman thinks, those companies will earn $40 a share this year, down from $49 a share in 2008. That's a drop of 18%. Not great. But take out financial stocks, and the picture gets worse. Excluding banks, insurers and the like, Goldman is predicting an earnings plunge of 25% in '09. (See pictures of the stock-market crash...
...good news out there? Honestly, as of now, I don't see any. Policy is moving in the right direction. My concern is this is too little, too late...
...destruction has left the realm of what people fear and has entered the domain of what they know. As Kali ventures into the economic world, so many lives will be ruined that the number will be uncountable. The most-discussed concern of the media was whether people would be late on their mortgage payments has quickly evolved into speculation about how many people will have homes...
...When blame can be defined it will be too late to bring back the world we knew...