All Work

Douglas A. McIntyre

Good News for Consumers: Wholesale Inflation Not Being Seen

Inflation is taking a ride in the backseat, again.  The Labor Department said that July’s wholesale inflation measured by Producer Price Index came in at -0.9% on the nominal or headline rate, while the…

Douglas A. McIntyre · 17 years ago

Head Of AIG (AIG) To Be Overpaid By $6,999,999

AIG has already taken in $180 billion of taxpayer money and there is absolutely no reason to believe that most of it will be returned. The insurance company is still losing money and its…

Douglas A. McIntyre · 17 years ago

Another Options Backdating Scandal Brewing

The Wall Street Journal has taken an exclusive look at academic reseach documents that show many companies have backdated options. The last scandal about the practice should have taught public company boards and executives something,…

Douglas A. McIntyre · 17 years ago

US Car Quality Getting Better As Sales Disintegrate

The New York Times got ahold of an early version of the 2009 new vehicle study done by The University of Michigan Customer Satisfaction Index. The paper reports that “in the rankings by brand, G.M.’s…

Douglas A. McIntyre · 17 years ago

The Fed Has No Leverage: Bank Lending Remains Moribund

The Fed made hundreds of billions of dollars in short term loans to banks. It was necessary, in the opinion of the agency, to do that to preserve the financial system as we have…

Douglas A. McIntyre · 17 years ago

Reader’s Digest Goes Into Hospice

The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the company to its lenders.…

Douglas A. McIntyre · 17 years ago

Media Digest 6/18/2009

Reuters:   China’s expansion is leading to charges is it stripping asset from other under-developed countries. Reuters:   UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities. Reuters:   Schwab…

Douglas A. McIntyre · 17 years ago

Asia Markets And Europe Open 8/18/2009

Markets in Asia were mixed. The Nikkei rose .2% to 10,385. The Hang Seng rose 1% to 20,333. The Shanghai Composite rose 1.4% to 2,911. At the open in Europe, the FTSE rose .9%…

Douglas A. McIntyre · 17 years ago

24/7 Wall St. TV: VW’s Huge Mistake

Volkswagen Aktiengesellschaft, the company known to most Americans as VW, wants to become the world’s largest car company within a decade. VW has almost no chance of realizing that aspiration because it did not…

Douglas A. McIntyre · 17 years ago

Can a $4,000 Car Help to Cure GM? (TTM)

General Motors may be closer to getting into cars as cheap as some go-carts.   A report over the weekend in the WSJ noted that GM plans to produce one of the compact cars for…

Douglas A. McIntyre · 17 years ago

Cash for Clunkers: The Seen and Unseen

John Tamny of RealClearMarkets When asked who his favorite economist was, Ronald Reagan used to say Fredric Bastiat. Bastiat was a 19th-century economic philosopher from France, and while his numerous books are full of…

Douglas A. McIntyre · 17 years ago

Almost 90% Of US Paper Money Has Traces Of Cocaine

Filed in the folder marked “facts most people would never imagine” is the news that nearly nine out of ten bills in the US are contaminated with cocaine. Data released by the American Chemical…

Douglas A. McIntyre · 17 years ago