Word: mightfully
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...financials may have a couple more months of relative strength as portfolios readjust, but when might banks and brokers reemerge as stock-market leaders? Before financials can emerge in a leadership position we will need to see some semblance of very stern regulation in the financial field, which will signal to investors that financial companies are clean - at that point they may even be overregulated. Also, between 2001 and 2007 financials added a bunch of capacity, and that needs to recede, through consolidation or simply going out of business. That's still a few years...
...government and the two big U.S. car companies faced a balancing act between cutting the size and complexity of their distribution networks quickly or doing it in a more orderly fashion. Customers might have been encouraged to stay if the manufacturers offered special financing on cars owned by shuttered dealers. It would have been a good way to pick up or save a new car buyer. It would have created some goodwill. GM and Chrysler could also have introduced customers to dealers that are staying open in their part of the country. They could have offered a year's free...
...surgical approach to the dealer closings probably would have worked. It might have started with a letter from the head of the car company to the local mayor. It might have included a letter to all of the people who bought a car from the dealer being closed saying that they would get a year of free oil changes at the dealer staying open in the next town. There might even have been an apology for doing something which, under normal circumstances would never have been done...
After a frightening shooting in Kirkland, FlyBy thought the police blotter might be taking it easy for the rest of the night. Not so. According to a FlyBy correspondent, around 11:45 p.m., HUPD and Cambridge police officers handcuffed a male wearing a hooded sweatshirt on the Mt. Auburn side of Quincy House. A flashlight search was conducted (for what? we don't know.) One Quincy-open contributor said that she had gotten the scoop from the cops (after the jump...
...vowed that there will never be a gay parade in Moscow. Despite the violent beliefs and the hateful messages of the anti-gay protesters, they were left untouched by Russian riot police, who sat meekly in their vans during the demonstration. (See pictures of Russia celebrating its military might...