It is a sad commentary that our former FedHead now believes that blind deregulation leads to market upheaval. Sad in that he (and his Congressional fellow-believers) did not think about it years ago. Even sadder that a large part of why the free market, “self-regulation” and such ideas present in the Paulson plan first version […]
Tuesday, October 21, 2008
Comments Off on Wall Street Weebles
Wall Street Weebles For the past two years, there has been a great deal of volatility in the stock market. That means to me there have been days when the market rose by 180 points and days when it fell by 180 points. And neither the rises nor the falls were the trend. They were […]
Friday, October 17, 2008
Comments Off on Continuing Actions by My CEOs In A Worsening Economy
I hope you find value in an update on what my friends and clients who are CEOs and business owners are doing at this stage of the financial crisis and worsening economy. First, some context: in August of 2007, our CEO group saw the first signs of the approaching storm, especially our members whose business […]
Friday, October 17, 2008
Comments Off on Please Bear With Us (No pun intended)
This site is available to you while it is under construction. So there will be glitches for the next week or so until we complete this phase. Why did we choose to do this? Because there is too much going on in the financial crisis and the election to stay silent. That’s just my view. […]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Friday, October 24, 2008
Comments Off on Greenspan’s “Bombshell:” Markets Can’t Self-Regulate