I Just Don’t Get It
Why is the market so jazzed by the sketchy details we have over the “new” bailout plan? Buying bad assets, but at what price? Who is bearing the cost,... Read »
Without a single Republican vote, the House voted 244-188 for President Obama’s $819 billion stimulus plan. Now onto the Senate. Read More →
How to Keep the Banking System in the Private Sector
Tim Geitner said today, in response to questions about the prospect of bank nationalization, that the Treasury is considering a range of options with the intent... Read »
Fed Watch: Quick Note on the FOMC Statement
Tim Duy reacts to today’s statement from the FOMC: By Tim Duy · January 28, 2009: Many will parse today’s FOMC statement; I will keep my comments focused... Read »
After delivering a 40-min speech at the official opening ceremony in Davos ; Russian Prime Minister Vladimir Putin when asked by Dell’s CEO, Michael Dell:... Read »
George Soros interview on Wed with CNBC’s Maria Bartiromo straight from the World Economic Forum in Davos. (via Clusterstock) Read More →
The FOMC decided today to keep its target range for the federal funds rate at 0 to 1/4 percent. The Committee continues to anticipate that economic conditions are... Read »
AllthingsD is reporting that Time Warner (TWX) online unit AOL will announce layoffs of 700 employees sometime today. AOL has 7,000 employees worldwide, mostly located... Read »
Interesting interactive map (LINK) of state-by-state unemployment data from the Bureau of Labor Statistics. Read More →
German scientists at the Fraunhofer Institute of Solar Energy Systems [ISE] have announced the development of a solar cell capable of providing 41.1% efficiency.... Read »






