The Wealth of Nations revisited

OK, so I am on a roll over the last week and you are probably a bit overwhelmed by all of these postings. However, there is much food for thought out there and I am only posting regarding things I believe are essential.   This post has to do with the endless...

Follow up on regulators

Hello again, In yesterday’s post, “a proposal for change, part II,” I said of the leaders and ideas of regulators needing to change: “Regulatory agencies also need to change. Their primary sin in both the dot.com era, and the mortgage bubble...

IBM making a bid for Sun Microsystems

Hello all, A very brief posting this morning. IBM is bidding to buy Sun Microsystems. As I said in a blog posting earlier this month, businesses are starting to behave to the financial market conditions in a rational manner. They are deploying their cash and cash...

A proposal for change, part II

A week ago I published the first part of, what I called, “a proposal for change, part I.” Here is part II of that missive. Recall that in the first part of this post I addressed the Institutions that needed changing if the economy was to regain a firm...

Staggered board terms

Huh? What are “staggered board terms?” They are a little understood evil that has strongly contributed to the financial crisis and resulting recession. Let me explain. Was the financial crisis caused by poor financial institutions management decisions?...