Word: ownerships
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Then again, decisions made by Congress, the Bush and Clinton administrations and federal regulators in the years before the crisis also played a key role in allowing things to get so bad. From ill-considered deregulation of banking and derivatives to over-the-top encouragement of home ownership, Washington's fingerprints were all over the crisis. Almost nothing has been done so far to right these wrongs, or otherwise rein in the excesses of the financial system. Which brings us to lesson No. 3: It's really hard for a democracy to make big changes in the absence of crisis...
...worker ownership is, if anything, more promising in the automobile industry. If the American car companies are to survive, some accommodation must be made between the United Auto Workers, whose eagerness to forestall cuts to retiree and current worker benefits has made it difficult for firms to keep down costs, and the Big Three automakers. Ford, to its credit, has admitted as much by negotiating a deal with the UAW in which Ford has more flexibility in paying retiree health benefits...
...heads of other firms, such as GM, have dismissed the possibility of similar deals. Moreover, the longer negotiations drag out between the union and automakers, the greater the danger of bankruptcy becomes. The answer, it seems, is some form of employee buyout. As Bloom himself has said, worker ownership is an ideal way to bring unions and management into a more constructive relationship. “Companies would come and ask unions to modify agreements in one way or another,” Bloom told The American Prospect’s Tim Fernholz. “If the union...
...start such a dialogue by facilitating more employee buyouts, in the auto industry and elsewhere. For the sake of our nation’s manufacturing workers—and, indeed, for the sake of our nation’s manufacturing companies—here’s hoping worker ownership finds a home in the current administration’s economic policies...
...America or AIG: he is simply too big to fail. Too many who have carved out their slice of power would risk losing it all in the monumental shakeout that would follow Berlusconi's exit from politics. And even in that unlikely scenario, the Prime Minister would have his ownership of the nation's major private television networks to fall back on. Considering all of that, Berlusconi could probably get away with just brushing off the salacious stories that follow him around as mere gossip. (Read "Berlusconi Under Attack - from His Wife...