Insightful, IMO
Poll: Voters Want Congress to Focus on Jobs Before Health Care
13 hours ago
While Republicans’ first act after taking over the House was to vote on repealing the health care reform law, a new poll suggests the public would rather lawmakers focus on …
January 20, 2011, 5:00PM EST text size: TT
Book Excerpt: Punching Out: One Year in a Closing Auto Plant
Tearing down an American factory, ton by ton
In May 2006, ThyssenKrupp announced that the Budd Detroit plant, built in 1919, would close by the end…
Bloomberg link
Excerpts:
Immelt wrote in an op-ed today in the Washington Post that Obama asked him to helm the newly renamed President’s Council on Jobs and Competitiveness. The group will reach out to labor and business leaders to serve “as a c…
Certainly is consistent with markets
I thought states could just stop paying people and tell them to go jump, but this would make it official:
http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html?hp
Video Link
SEC approves asset-backed securities disclosures
On Thursday January 20, 2011, 2:07 pm EST
By Sarah N. Lynch
WASHINGTON (Reuters) – U.S. securities regulators gave investors a closer look before they buy asset-backed securities with the adoption of t…
Banks keep commods risk low after two big quarters
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Yet, investment banks such as Goldman Sachs (NYSE:GS – News), Morgan Stanley (NYSE:MS – News) and JPMorgan (NYSE:JPM – News) are not willing to stake as much money on raw …
I’m not to sure the conventional wisdom in the US that rates are going to rise is necessarily going to come to pass anytime soon. I wonder what the Japanese wee saying back in 1998 about interest rates.
Japan-Interest-Rate-Chart-000001.bmp (7…