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Tag Archives: economy

How low can you go

How much value has been lost? This much…

Du-bye-bye

For years I’ve wondered how Dubai has managed to expand so rapidly into a modern metropolis. Simple, easy credit. Looks like that is over.

Bailout Nation

If you read Barry Ritzholtz blog, The Big Picture, you may have read that he was working on a book about the fiscal crisis. Bailout Nation was to be published by McGraw-Hill. McGraw-Hill owns Standards & Poor’s a credit ratings agency.  The book, which was critical of the role that the ratings agencies undoubtedly played […]

15 Doomed Companies

US New’s Flow Chart blog has a list of 15 companies that might not make it through 2009. Those on the chopping block: Rite Aid Claire’s Stores Chrysler Dollar Thrifty Automotive Group Realogy Corp. Station Casinos Loehmann’s Capital Corp. Sbarro Six Flags Blockbuster Krispy Kreme Landry’s Restaurants Sirius Satellite Radio Trump Entertainment Resorts Holdings BearingPoint […]

Layoffs

Every bubble needs its fuckedcompany.com. This time around its layoffdaily.com. The site claims 1300 layoff stories already this year alone.

15 Steps to Financial Ruin

How the whole sheband unravelled, starting with the Fed rate cut way back when.