American businesses aren’t making enough capital investments to secure the economy’s future. And, unless that changes, we’ll never see the sort of recovery that we’ve all been hoping for.
Category: Economics
If a Bubble Bursts in Palo Alto, Does It Make a Sound?
The truth is that most Americans have little interaction with the big-money, small-jobs technology boom, so they might be sheltered from the worst of the technology bust, at least as it looks today, if not years from now. But that might be cold comfort: It is a sad state of affairs if one of the most vibrant, explosive and creative parts of the economy — and one of the few that is minting millionaires — seems more like a walled garden than a public park.
Still No. 1, and Doing What He Wants
It is good to be the king. It is even better to be Larry Ellison.
Most of us spend much of our lives thinking that we should do the right thing, or worrying that we didn’t do the right thing, or trying at long last to finally do the right thing. Mr. Ellison, the fifth-richest person in the world and the chief executive with the highest total compensation in 2013, appears burdened by no such concerns.
How to Avoid Regretting Letting the Bull Escape
Psychologist Daniel Kahneman, who won the Nobel Prize in economics in 2002, likes to say that one of the keys to investing successfully is properly anticipating your regret.
Credit Suisse Helped U.S. Clients Hide Assets
I am pretty sure these clients were part of a jury, selecting the 2014 Swimsuit models for SI.
The report describes one instance in which a Credit Suisse banker “traveled to the United States to meet with the customer at the Mandarin Oriental Hotel and, over breakfast, handed the customer bank statements hidden in a Sports Illustrated magazine.”
And then, the Goldman Sachs elevator,
One client also recalled, when visiting a Credit Suisse office, taking an elevator with “no buttons” that was “controlled remotely.”
