Greed Is Good Finance Market Recap Interview with Manny Bello Chrysler Bankruptcy – chapter 11 with government DIP financing, UAW makes concessions http://www.nytimes.com/2009/04/27/business/27chrysler.html?hp Stress tests to be released http://online.wsj.com/article/SB124058562318953065.html Politics ... Read More
Greed is Good Ep. 3 Money: Market Update Dow: NASD: S&P: Big Movers: Rally or 5000? With the Dow and S&P 500 both down more than 50% off their October 2007 highs, a decent bounce is not hard to imagine, In tune with the bearish tone, investors pulled billions out of equity mutual funds last ... Read More
Greed is Good Episode II. Finance Market Recap Things to Come Obama Tax Increases $1 Trillion in higher taxes for wealthiest Americans Over $250,000 in household income Occurs at end of 2010 New top tax brackets of 36% and 39.6% Up from 33 and 35% Affects 2.6 million taxpayers ... Read More
Why Greed is Good? Explain the title Fuels capitalism Wish we could say “Ambition is good” Means of achieving higher utility Disclaimer – we aren’t advocating heartless business Ethics are #1 Money is the means by which people achieve their goals; not necessarily about money Like to quote the movie Notorious “Don’t chase the paper, ... Read More