Archive for December 14, 2009

Linkfest (December 14, 2009)

December 14, 2009 Leave a comment

In other news..

Citigroup to Repay $20 Billion of Government Bailout (Update3) So pretending to pay stealth governments bailouts back is a viable business model? I have to say that ‘Citi’ is not the first to benefit from this new paradigm.

GM’s Lutz Extends Stay, Enforces Whitacre’s Monday-Meeting Plan Look at the bright side, he cannot screw up more than he did before. Can these people function without an existential crisis? Would not filling management positions with drunken monkeys be less disastrous for companies?

Eurosclerosis Is U.S. Diagnosis Not Japan Stagnation They ‘forgot’ that unemployment benefits, healthcare and the social net is much better in Europe. A rate of 15% unemployment in an European country is far less socially disruptive than the same rate in a “pull yourself by your nonexistent bootstraps” system. Here we have socialism from the rich and capitalism for the non-rich.

Fastest Food Inflation Since Riots Means Milk Up 39% The investment banks have to make money, even if it is through outright fraud that will kill or starve millions. This one is just like the similar ‘food shortage’ scam they tried to pull of in late 2007-early 2008.

Obama Says Banks Must Take Active Role in Accelerating Recovery What! Why would they care about a recovery in the real world, when they can go back to their old ways with bailout money? Do you believe that they can think a situation other than the status quo running towards infinity.

Three Ways to Keep Your Ego in Check Coming from a lecturer/ speaker at the Harvard MBA program? The products of that program have ruined the real world through their incompetence, and they are preaching humility!

Tiger Woods and the Coming Decline of Celebrity Endorsements Another Harvard MBA faculty member preaching about the decline of celebrity endorsements.. wow.

I will try to post a new linkfest everyday, so please check for updates.

Categories: Economy, Linkfest