Flexibility and growth. Those are the two words being repeatedly talked about as a chief justification for the Private Company Flexibility and Growth Act (H.R. 2167) currently making its way through Congress. The legislation would strike down what Rep. David Schweikert (R-Ariz) calls a piece of “burdensome regulation” mandating that […]
Other News
Regulation: An Idea Whose Time Has Come
Take a look around. Everyone’s angry. The 99% are upset that they haven’t been getting their fair share. The 1% is angry at the suggestion that its own share has been much too large for far too long. And Washington is engaged in a heated tug of war about how […]
Consumer Lending Institutions Face Strong Headwinds
It seems that banks have been taking a battering in the current post-recession climate as a potentially fatal cocktail of uncertainly arising from the European debt crisis and continued volatility domestically continues to push banks to the limit. Some banks, like Bank of America, continue to deal with losses due […]
What Every Start-Up Can (And Should) Learn From Groupon
Groupon was the latest Internet juggernaut to IPO this year after LinkedIn did so back in March, officially going public after a long-awaited, much-scrutinized and oftentimes much-maligned road to the stock market’s opening bell on Friday. As expected, Groupon, the web’s most popular daily deals destination, which raised an […]
Beyond Meredith Whitney
From a bird’s eye view of recent headlines, it seems an awful lot of people are focused on beating Meredith Whitney’s dire 2010 forecasts for the municipal bond market. In a recent commentary, “Time’s Up Meredith Whitney, Muni Prediction Was Wrong,” CNBC’s Gary Kaminsky dismissed Whitney’s predictions as the “prognostications […]
What if… ?
What if Democrats and Republicans could come together to present as united a front on solving the country’s economic problems as they have, for all intents and purposes, on foreign policy? If you recall, when Barack Obama defeated Republican John McCain for the presidency back in 2008, one of the […]
Separate But Equal?
In a op-ed last week in the Times, columnist Joe Nocera, in an article titled “Why We Need For-Profit Colleges,” comes to the defense of the embattled institutions, which have been increasingly up in arms since Secretary of Education Arne Duncan announced in June new steps to protect students from what the department […]
What Answer Would Our Founding Fathers Choose?
In an August op-ed entitled “What is the stock market telling us?” in the Washington Post, Liaquat Ahamed writes: When the stock market zigs and zags its way to a 12 percent loss in three weeks, wiping out $2.5 trillion in wealth, it is clearly sending a message. But what, […]
The bigger they are…
You know what they say about things that sound too good to be true: they probably are. In recent days, the trouble experienced by many in the economy, from the average American to institutional investors, can best be seen in the persistent drubbings being taken by many large cap stocks, […]
Wired to Hire
View Top 10 Cities for Online Freelancers – By Earnings in a larger map Alex Rolek, recently unemployed, took his interest in sophisticated technology and turned it into a new career online. After graduating from University of Boulder-Colorado, he started his first “real-world” job at a Las Vegas land development […]