The Future of Manufacturing, GM, and American Workers (Part II)

Robert Reich|May 31, 2009| 1

Symbolic analysts have been hit by the current downturn, just as everyone else has. But over the long term, symbolic analysts will do just fine – as long as they... Read »

GM’s Sale of Opel Roils Europe

Tom Lindmark|May 31, 2009| 

The GM bankruptcy or anticipated bankruptcy (it’s supposed to be announced at 8 AM tomorrow) is actually moving along pretty smoothly in this country. Not so in... Read »

Supply, Demand, and the Price of Oil

James D. Hamilton|May 31, 2009| 

Do recently rising oil prices signal a resurgence of economic growth? In the WSJ Blog Environmental Capital, Russell Gold writes of a growing belief that the economy... Read »

GM Bondholders Agree to Exchange Debt-for-Equity

editor|May 31, 2009| 

According to The Wall Street Journal, a majority of investors holding more than $27 billion in the General Motor’s (GM) bonds, agreed to support a new plan... Read »

Rewriting the Homebuilding Handbook

Tom Lindmark|May 31, 2009| 

There’s an interesting article in the Arizona Republic about Meritage Homes and its attempts to revamp its business model. Aside from being a relatively impressive... Read »

When Market Incentives Lead to Bad Outcomes

James Kwak|May 31, 2009| 

One of our readers recommended a fascinating and important article on health care economics, “The Cost Conundrum,” in The New Yorker. It’s by Atul Gawande,... Read »

Depth of Drop in Mall Retail Sales

editor|May 31, 2009| 1

The current economic skid certainly isn’t helping to fill shops and attract vendors. The NYT “Fall of the Mall” map below shows sales in Q1′09... Read »

General Motors Bankruptcy Filing Appears Imminent

editor|May 31, 2009| 

General Motors (GM) is preparing for a bankruptcy filing amid signs that a majority of its major bondholders had backed a revised debt-equity exchange, the Wall... Read »

CRE Market May Soon Bulldoze Green Shoots

Ron Haruni|May 30, 2009| 1

Commercial real estate [CRE] delinquency rates are exhibiting severe deterioration and may soon bulldoze the ‘green shoots’. Since October of last year... Read »

Assessing the Auto Industry Wreck

Tom Lindmark|May 30, 2009| 

Barring divine intervention come Monday, GM will be in bankruptcy and probably around the end of the summer will emerge as a new company owned for all intents and... Read »