In the right corner - Holger Haerter, Porsche’s “CFO extraordinaire”. One of the brightest stars in the automotive world; credited with keeping the German car manufacturer highly profitable in good times and bad (Cayman turned a profit on the very first unit sold!). Mr. Haerter also has a knack for derivatives trading. In [...]
Continue reading...Friday, October 17, 2008
Hey, all you number crunchers out there. Time to put your minds to work and pull this economy out of a ditch. On October 10th, U.S. Treasury submitted a request for public comment to assist in the development of the federal guarantee of troubled assets program. The kind of insurance scheme that would help taxpayers get [...]
Continue reading...Monday, October 6, 2008
Welcome to the United Socialist States of America. It’s taken only eight years under Bush for our country to morph from a beacon of freedom and democracy with a mandate to bring peace and prosperity to developing nations into a dangerous giant spreading financial and political chaos around the globe. After spending billions of dollars [...]
Continue reading...Thursday, October 2, 2008
Are we in a recession yet? Certainly, Washington hasn’t fully acknowledged it even though they are prophesizing nothing less than another Great Depression without passage of the Bailout. If we are in a recession, it definitely feels like we are in a “slow motion” one. It’s like freezing up in a bad dream, unable to move [...]
Continue reading...
Tuesday, November 11, 2008
0 Comments