Yes, Prime Minister?
More Krugman – Moment of Truth – NYTimes.com. “Let’s talk about where we are right now. The current crisis started with a burst housing bubble, which led to widespread mortgage defaults, and hence to large losses at many financial institutions.
read onFor every DOWnside, there’s an upside.
With the DJIA falling below 9000 points today, it’s reassuring to know that, right? Paul Krugman, in his Blog at the NY Times reminds us that “[o]n a separate note, one good thing is that there haven’t been any reports of people on Wall Street jumping out of windows.
read onSad guys on the trading floor.
There are a lot of them, these days. Check out the photolog. Hat tip to fefe.
read onPaul Krugman agrees…
in the NYTimes after the US House of Representatives voted “no” on the Wall Street bailout plan. He’s right of course, that “flip-flopping” on issues like this in the way it happened isn’t exactly a sign of a well functioning representative democracy. On the other hand, it’s also true that this vote is a sign [...]
read onWorld Markets: Another One Of Those Days.
It’s another one of those days for global stock markets. To honor the occasion, I thought about linking to one of my favorite management articles of all times…
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