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Monthly Archives: January 2009

Media Digest 1/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 2, 2009 at 4:22 am

According to Reuters, cities and states are facing shortfalls and potential defaults.Reuters reports that the US steel industry is starting a "buy America" campaign.Reuters reports that Fannie Mae (FNM) believes ...
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Asia Markets And Europe Open 1/2/2009 (CHL)

Posted: January 2, 2009 at 3:19 am

Many markets in Asia were closed. The Hang Seng rose 4.1% to 14,977. China Mobile (CHL) rose sharply on news of a 3G build out in the nation.In Europe, the ...
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The Gasoline Tax And The Renaissance Of The Bicycle

Posted: January 1, 2009 at 7:31 pm

With the rise of the US automobile industry, the bicycle almost disappeared as a means of transportation in America. It became a 19th Century relic like wooden teeth. The only ...
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Being A “Most Admired Company” Loses Its Appeal (AAPL)(GE)(BRK)(SBUX)(FDX)(TM)

Posted: January 1, 2009 at 7:20 pm

Most people who are in business put making a profit above maintaining a good image. They would like their customers to think well of them because it drives sales. But, ...
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Citigroup (C): Cutting Bonuses For The Rich

Posted: January 1, 2009 at 8:50 am

The average man on the street would view giving up millions of dollars in bonus money for a hard year of work as a tremendous sacrifice.Vikram Pandit, CEO of Citigroup ...
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The Music Business Is Doomed, Even If Digital Sales Keep Improving (AAPL)(WMG)

Posted: January 1, 2009 at 6:06 am

Over the last few years, the reporting of revenue from commercial music sales has been a "good news, bad news" deal. Digital downloads of albums and songs keep rising. CD ...
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Newspaper

Media Digest 1/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg (GM)(C)(IBM)(TWX)(VIA)(WFC)

Posted: January 1, 2009 at 5:40 am

According to Reuters, Wall St. closed its worst year since The Depression.Reuters reports that GMAC did not hit its goal of trading debt for equity and cash.Reuters reports that GM ...
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