Why Alternative Energy Needs Financial Engineering
Alternative energy depends more on financial tricks than simple engineering.
$89 Million Down, Untold Billions To Go
This small sliver of sunshine comes to us courtesy of our business guru, Dan Gross. --KPSun Bancorp, a small bank based in New Jersey, yesterday became one of the first banks to repay the TARP funds received from the Treasury department (the press release can be seen here).On January 9, the Treasury Department bought 89,310 of preferred stock form the bank for $1,000 each.
Textron: One Company That Shouldn't Expect a Bailout
One company ideally suited not to prosper in the Obama era.
Economy: Can Newspapers Survive?
Newspapers aren't assets to be flipped, leveraged, and stripped.
The Lessons of the Bear Stearns Failure
Its failure marked the beginning of the financial crisis and still offers lessons for the future.
The Bailout and the Peril of Financial Linguistics
Apparently, 'legacy' derives from an ancient root meaning 'it wasn't my fault and I should still get a bonus this year.'
Geithner's Plan: Are Individual Investors Being Left Out?
Why are hedge funds getting such a sweetheart deal?
Economy: Will Geithner's Bank Rescue Plan Work?
Why do we have to bribe investors to take risks?
Goldman Sachs: Surviving on Taxpayer Dollars
Wall Street's most storied firm is surviving on taxpayer dollars.
Congress Questioned The Wrong AIG CEO
Why Congress' confrontation with AIG's CEO was a failure.
Daniel Gross: Why Obama Should Ignore the Dow
Investors' anger at Obama is misplaced. Stock indexes don't 'think.' They don't like one president and dislike the next.
How the Wealthy Waged War on Each Other?
Last week, I wrote that the Republican claim that Obama is fighting a war against the rich was bogus. Over the weekend, I thought better of it. It turns out there is a war on the rich.
Is Obama Declaring War on the Wealthy?
The bogus GOP claim that Obama is bleeding the wealthy.
Dumb Money: An excerpt from Dan Gross's new book
Our financial system accelerates the human instinct to go wild during good times. Perhaps we need some automatic brakes.
Is the Era of the Texas Super Rich Over?
How a handful of families dominated and lost control of the country's energy supply.
Gross: Why Bankers Desperately Need PR Help
Arrogance is also a factor: people who have done very well in finance tend to think they're really good at everything they do.
Gross: How David Ogilvy Transformed Advertising
How David Ogilvy transformed advertising and Americans' shopping habits.
The Economy: Even Worse Than Obama Admits
The economic crisis is even worse than Obama admits.
Will the Stimulus Plan Create Jobs?
The GOP says the stimulus can't create jobs. They're wrong.
Should Citi Back Away From the Mets?
Why Citi shouldn't cancel its $400 million purchase of naming rights for the Mets new stadium.
World Economic Forum: Fear and Loathing in Davos
Many CEOs, having endured flying commercial for the first time in years, were treated to an avalanche of doom.
Obama Faces a No-We-Can't Economy
Companies are liquidating; homeowners are mailing in the keys. Have we given up?