Word: moneyitis
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Among the companies that made significant moves from last year's list, Ford made the biggest jump, from No. 51 to No. 37. "CEO Alan Mulally has been out in public making long-term decisions: not taking bailout money, having a vision," says Fronk. "It's a different story going on at Ford than at some of their competitors." Other big gainers included ExxonMobil, Pepsi, Costco, the Home Depot and Southwest Airlines. Among the companies falling the fastest in the rankings were Bank of America, Verizon, Sony, Target and Time Warner (the parent company of TIME). (See which businesses...
Financial firms and automakers that took bailout money largely made up the bottom 10. In descending order, they were: Delta Airlines, Bank of America, JPMorgan Chase, General Motors, Chrysler, Goldman Sachs, Citigroup, Fannie Mae, AIG and Freddie Mac. Industry-wise, tobacco again claimed the worst reputation; last year it shared that honor with financial services, which this year held the second worst reputation. Third worst was insurance. At the top end of the industry-reputation list were technology, travel and tourism, and retail...
...Debt Debate Zachary Karabell's suggestion in "In Defense of U.S. Debt" that America can borrow its way to prosperity is a perfect illustration of the liberal mind-set [March 15]. Whether it's raising taxes or borrowing more, the answer is OPM: other people's money. John Knoerle Chicago...
...you’re a gambling man, you might be better off taking your money to Vegas than putting it on admission to any Ivy League school...
...east - wealthier European nations are also feeling the bite. This month, Britain announced cuts as high as 14% to some university budgets, while both Italian and Spanish schools face reductions of about 10%. The situation is so bad in Spain that schools extended holiday breaks last year to save money on heating, water and electricity. (See 25 people to blame for the financial crisis...