Howard Steven Friedman: BRIC and Beyond: Economies That Will Shape the 21st Century

This is the first in a run concerning BRIC and Beyond about the economies that will shape the 21st century.

Let’s start with the basics, BRIC is an acronym for Brazil, Russia, India and China that was coined by Goldman Sachs. In that paper, the authors argued that the combined economies of these [...]

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Howard Steven Friedman: BRIC and Beyond: Economies That Will Shape the 21st Century

This is the first in a run concerning BRIC and Beyond about the economies that will shape the 21st century.

Let’s start with the basics, BRIC is an acronym for Brazil, Russia, India and China that was coined by Goldman Sachs. In that paper, the authors argued that the combined economies of these [...]

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The 10 Biggest Brand Disasters Of 2010

It’s been a approximate year for those in the branding business at huge corporations. SEC investigations, massive product recalls and oil spills (among more traditional factors like competition and slowing sales) have taken a toll on the reputations, as well as the stock prices, of some of America’s most well-known companies.

Calculating the value of a [...]

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Goldman Sachs, JPMorgan CEOs NOT Invited To Signing Of Financial Reform Bill

When President Obama signs legislation that’s being called the most sweeping set of reforms to hit the fiscal industry since the 1930s, some very prominent bankers will not be present.

Politico’s “Morning Money” reported yesterday that the Obama administration did not extend invitations to JPMorgan CEO Jamie Dimon and Goldman Sachs chief Lloyd Blankfein for [...]

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Raymond J. Learsy: The Goldman Sachs Settlement, the Wall Street Journal , Warren Buffett, and the White House

The timing of the Goldman Sachs settlement has raised eyebrows coming nearly simultaneously to the passage of the Fiscal Regulations Bill and despite the fervent denials by Robert Khuzami, the SEC’s enforcement chief. The suspicion remains that the settlement was, if not politically motivated, at the very least politically timed. The answer? I don’t know.

Today [...]

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Georges Ugeux: The World Applauds the New Financial Regulation

The Senate approval of the Dodd-Frank Act on Thursday made world-wide headlines, and is being recognizable as an achievement for President Obama, on par with healthcare reform. Why is new legislation, fundamentally domestic in its scope and intention, so valuable to the rest of the world?

For the past three years, the fiscal markets have been [...]

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Nine CEOs Who Need To Be Fired In 2010: 24/7 Wall Street

By 24/7 Wall Street: Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards.

All the CEOs are on this list for simple reasons. The first is [...]

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Nine CEOs Who Need To Be Fired In 2010: 24/7 Wall Street

By 24/7 Wall Street: Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards.

All the CEOs are on this list for simple reasons. The first is [...]

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Bank Of America 2Q Profit Jumps 15 Percent

NEW YORK — Bank of America said Friday its second-quarter net income rose 15 percent to $2.78 billion as improvements in the company’s consumer loan businesses made up for a drop in trading revenue.

The bank’s results beat expectations and provided further evidence that losses from disastrous loans at the nation’s huge banks may have peaked [...]

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Ellen Brown: How Brokers Became Bookies: The Insidious Transformation of Markets Into Casinos

“You all are the house, you’re the bookie. [Your clients] are booking their bets with you. I don’t know why we need to dress it up. It’s a bet.” — Senator Claire McCaskill, Senate Subcommittee investigating Goldman Sachs (Washington Post, April 27, 2010)

Ever since December 2008, the Federal Reserve has held small-term interest rates near [...]

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