Greed Is Good Finance Market Recap Interview with Manny Bello Chrysler Bankruptcy – chapter 11 with government DIP financing, UAW makes concessions http://www.nytimes.com/2009/04/27/business/27chrysler.html?hp Stress tests to be released http://online.wsj.com/article/SB124058562318953065.html Politics Review of Obama’s First 100 Days http://www.washingtonpost.com/wp-dyn/content/gallery/2009/01/21/GA2009012102666.html Predictions for Summer 2009 Misc. Cornell UAW http://cornellsun.com/section/news/content/2009/04/10/univ-employees-seek-student-support-contract-talks Twitter http://www.slate.com/id/2216793/
Greed is Good Ep. 3 Money: Market Update Dow: NASD: S&P: Big Movers: Rally or 5000? With the Dow and S&P 500 both down more than 50% off their October 2007 highs, a decent bounce is not hard to imagine, In tune with the bearish tone, investors pulled billions out of equity mutual funds [...]
Greed is Good Episode II. Finance Market Recap Things to Come Obama Tax Increases $1 Trillion in higher taxes for wealthiest Americans Over $250,000 in household income Occurs at end of 2010 New top tax brackets of 36% and 39.6% Up from 33 and 35% Affects 2.6 million taxpayers Raise Capital Gains and Dividends [...]
Why Greed is Good? Explain the title Fuels capitalism Wish we could say “Ambition is good” Means of achieving higher utility Disclaimer – we aren’t advocating heartless business Ethics are #1 Money is the means by which people achieve their goals; not necessarily about money Like to quote the movie Notorious “Don’t chase the paper, [...]