At 842, the S&P is pushing near a 25% gains since it bottomed for the year-to-date at 677 on March 9th. The bank stocks continue an extraordinary run over that period. Citigroup…
According to Reuters, the G-20 began the work of addressing the economic crisis. Reuters reports that US auto sales may have bottomed. Reuters reports that the House backed new laws for pay…
“Green is green as in the color of money” – Brand director of General Electric, Brandweek, July 26, 2006 “Greenwashing” is the act of misleading the public regarding the environmental practices of…
About two years ago, GE (GE) began to talk about its “green” initiative and how important it was that businesses and governments begin to work on sustainable energy solutions to save the…
Douglas A. McIntyre According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters…
According to Reuters, the Administration has forced GM (GM) CEO Rick Wagoner out of his job. Reuters reports that in an FT interview Obama said the G-20 nations should send a strong…
According to Reuters, Obama said that the recession would be halted by government efforts. Reuters reports that Treasury wants broad new powers to wind down troubled non-bank financial firms. Reuters reports that…
Standard & Poor’s Ratings Services is putting Mr. Buffett on Watch. Berkshire Hathaway Inc. (NYSE: BRK-A) has had its ratings outlook revised to “Negative” from “Stable” along with Berkshire Hathaway Finance Corp.,…
Deutsche Bank provided some updated thoughts on General Electric (NYSE: GE) following last week’s GE Capital investor day. The firm said their central assumption is that GE Capital losses can be funded…
Douglas A. McIntyre According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have…
It looks like Jim Cramer is doing a new feature list of companies this week that may actually grow their dividends or that have boosted dividends. On tonight’s MAD MONEY on CNBC,…
Moody’s Investor Services has decided to join in on the downgrade of General Electric Co. (NYSE: GE). This downgrade takes the unsecured debt ratings of GE itself and General Electric Capital Corp…
Douglas A. McIntyre American management began to do what it could to make office environments more pleasant sometime after the bad economic patch in 2001 and 2002. At some companies such as Wal-Mart (WMT) workers…
According to Reuters, the House passed a bill that would tax AIG’s (AIG) and some other bonuses by 90%. Reuters reports that the US gave auto suppliers a $5 billion lifeline. Reuters…
By Melly Alazraki of DailyFinance General Electric Co. (GE) is going to host a five-hour “deep dive” conference on Thursday in which it will attempt to convince investors that its wobbling GE…
Douglas A. McIntyre 