Word: poorly
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...Experts tried to calm the masses by saying that some of the fall-off was due to a dip in inventories. That could mean that as those inventories are replenished in this quarter, economic activity will pick up. The logic is circular to the extent that a poor GDP figure is a sign that the economy may not pick up and hence, inventories will not be replaced...
...Ecuador Still Driving on the Left Ecuadorians handily re-elected President Rafael Correa on April 26, endorsing his policies of "21st century socialism" and of blaming capitalism for the global economic crisis. Correa, who has refused to pay some foreign debts and has increased social programs for the poor, has plenty of company among regional leaders...
...primary argument for keeping a high level of compensation for its best investment bankers and traders is that, if they leave, overall losses at banks could get worse. People can be profit centers. The most successful ones help offset the red ink created by the series of poor decisions that big financial firms made about mortgage-backed paper and commercial credit loans. It is easy to assess the value of the best traders by looking at a bank's books. (See pictures of TIME's Wall Street covers...
...Pity the poor pig. The otherwise estimable mammal has never had a very good rep - something about the mud, the snout, the oink...
...After researching more than 750 major business failures in great depth, we came to the conclusion that humans are wired for poor decision-making," says Chunka Mui, a co-author of Billion-Dollar Lessons. "Ego, sunk costs, emotions, self-interest, etc., lead to blind spots. The not-so-intelligent have the same issues, it's just that the stakes are lower...