The Radford Free Press – Page 504 – All life is problem solving.

Economics / bankruptcy, Chrysler, creditors /

The Creditor’s Story: Just What is ‘Fair’?

May 7, 2009

There is a sub-text in the current storm of bankruptcy activity. In the interests of fair play I should bring it to your attention. It is the fate of creditors. These are the people who go on search of less risky investments and so lend to companies in the form of bonds or other debt, […]

Economics / auto industry, bankruptcy, Chrysler, Fiat, Ford, GM /

Auto Industry News

May 7, 2009

It is a sure sign of the times that the best news about the auto industry comes from a bankruptcy judge. Are we really that low? Unfortunately, yes. Both GM and Chrysler are doing their part to take attention away from the ludicrous spectacle the Treasury Department has put on during ‘stress test season’. More […]

Economics / B. of A., Citibank, TCE, Tier 1 Capital /

It’s Stress Test Eve … Oh Fun

May 6, 2009

I can hardly wait. After what seems like months of talk, leaks, and rumor we have finally arrived at what should have been a decisive moment in our economic crisis. Tomorrow is the day that the administration is going to release the results of its now infamous stress tests on our major banks. I say […]

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