Navigate: Home Archive: April 2009

How Similar Is the Current Crisis to the Great Depression?

Apr 29, 2009, 5:48 AM

Despite the stunning contraction of industrial production and trade across the globe, the global economy is still a far cry away from the calamities of the Great... Read »

Noble Laureates Discussing Economics, Milken Institute

Apr 29, 2009, 2:00 AM

Michael Milken, Chairman of Milken Institute, moderates in this video a discussion with Nobel Laureates in economics with commentaries ranging from the logic of... Read »

U.S. Commercial Real Estate Outlook Deteriorates

Apr 28, 2009, 11:44 PM

The outlook for commercial real estate continues to worsen as the sector is still deteriorating and will continue (unfortunately) to deteriorate for sometime to... Read »

One Way to Make a Fortune in Healthcare

Apr 28, 2009, 6:55 PM

Andrew Grove once said: “I’m a great believer in particularly being alert to changes that change something, anything, by an order of magnitude.” Grove... Read »

Microsoft in Talks with Verizon Wireless to Launch iPhone Rival

Apr 28, 2009, 4:21 PM

Software giant Microsoft (MSFT) is in discussions with Verizon Wireless (VZ) to launch a touch-screen multimedia cellphone on the carrier’s network early next... Read »

GM to Force Up to 1,200 Dealers to Close

Apr 28, 2009, 3:25 PM

GM says it will force 1,000 to 1,200 underperforming dealerships to close their doors, according to an AP report on Tuesday. From AP: General Motors Corp. told its... Read »

Schwarzenegger Issues Proclamation to Confront Swine Flu Outbreak

Apr 28, 2009, 3:09 PM

California’s Gov. Arnold Schwarzenegger has issued proclamation to confront Swine Flu outbreak. IT IS HEREBY ORDERED that all agencies and departments of state... Read »

Fed Staff Sees Ideal US Interest Rates at -5%

Apr 28, 2009, 2:55 PM

Chief U.S. economic correspondent for the Financial Times Krishna Guha says the ideal interest rate for the US economy in current conditions would be minus 5%, according... Read »

A Tough Day for Bank of America (BAC)

Apr 28, 2009, 2:39 PM

“The California Public Employees Retirement Union will vote against the reelection of all 18 Bank of America directors, including the chairman, Ken Lewis. Bank... Read »

Home Prices: A little higher! A little higher!

Apr 28, 2009, 2:32 PM

I’m getting tired of hearing that home prices still need to fall further. You can be the most bullish guy in the whole world on housing and you’d still... Read »

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