I’m not an economist, so I really can’t speak in detail about ways to get our nation out of the current crisis. However, the CEO of a bank is qualified to speak to it. This is part of a letter reportedly sent by John Allison, CEO of BB&T, to all members of congress. Key Points [...]
{ 0 comments }
Was doing some link chasing on Wikipedia and came across this: The Panic of 1873 was a severe nationwide economic depression in the United States that lasted until 1879. It was precipitated by the bankruptcy of the Philadelphia banking firm Jay Cooke and Company on September 18, 1873, following the crash on May 9, 1873 [...]
{ 0 comments }
I thought that this piece by CNN’s Campbell Brown hits the bail-out nail squarely on its overinflated head. I know everyone is screaming about how urgent this crisis is and that action must be taken immediately. But I love and live by former Supreme Court Justice Brandeis’ great quote: “Sunshine is the best disinfectant.” What [...]
{ 0 comments }
Add me to your reader!