The Radford Free Press – Page 500 – All life is problem solving.

Economics / first quarter earnings, Goldman Sachs, TARP /

Goldman Sachs ‘Mis-Speaks’ About Its Income

April 14, 2009

Amazing what you can do if your audience is foolish enough. Goldman Sachs has become the darling of the cable TV talking heads and others largely due to the cachet still attached to it from its days as a highly successful privately owned investment bank. Right now it is trying to turn itself into a […]

Economics / capitalism, Citibank, MBA's, shareholders /

Is America Capitalist?

April 13, 2009

This is a question that is vexing me greatly right now. In a more pure capitalist system the linkage between capital, the investors in business, and management, the custodians of that investment, is straightforward. And results oriented. The message to management is obvious: make the right return or be replaced. This pressure to perform is, […]

Economics / Geithner /

Geithner’s Plan … Yet Again

April 12, 2009

Forgive me for festering over this one, but any time taxpayer money is thrown around with abandon something inside me wants to know why. So many people have tried to take a shot at explaining the Geithner Plan [a.k.a. PPIP] and those, who like me are critics, all end up asking the same question: why […]

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