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...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 was strong, it would say ‘no,’ and if it was weak it would say ‘yes,’ but it would never engage in a problem-solving dialogue looking for solutions where both parties could get better...
...early to say if Bloom’s standing within Obama’s economic team will prove strong enough to 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...
...They say there are parts of the country where people have never heard of financial sector recruiting. Cambridge isn't one of those places: or at least, not the stretch of brick sidewalk between FlyBy's lair on Plympton Street and the stately Sheraton Commander, where we were due to have our first date with the nation's economic destinymakers. Wearing shirts and ties and walking along Garden Street beside a be-suited Industry Expert, retained specially by FlyBy for the event, our blogging correspondents found themselves subject to the once-over of a slick-looking Asian man wearing...
...Kennedy name has long held almost mythic status in this nation's public life, and Teddy - the youngest of Joseph and Rose's nine children - lasted the longest and suffered the greatest tribulations. The violent and sudden deaths of his three brothers, a plane crash, the scandalous (and, some say, unforgivable) night at Chappaquiddick: all juicy fodder for a memoir. Luckily for the curious, Kennedy had been working on one for two years before his death. It hits bookstores Sept...
...even if comity rules, there are plenty of hurdles preventing Shelby, Dodd and the Treasury from coming together on a consensus bill. Dodd, facing a tough re-election battle in Connecticut, needs to please his base with a left-leaning bill, while staffers say Shelby has issues with the shape of the bill so far. The Senator doesn't like the Administration's proposed Consumer Financial Protection Agency, though he's willing to support enhanced protections of some sort. But he is firmly against an Administration proposal to let the Federal Reserve designate which financial institutions qualify as most important...