Posts Tagged ‘business’
SAIC Denies GM Merger – China Bashing Begins Nonetheless
Tuesday, December 2, 2008 11:47 No CommentsThere’s been some speculation on GM today amid rumors of Shanghai Automotive Industry Corporation (Group) (SAIC). The deal, which was originally reported by the Chinese news site www.nbd.com.cn, was later officially denied by SAIC.
Another Chinese News Source, 21st Century Business Herald, later reported that Chinese state-owned companies such as Shanghai Auto and Dongfeng may have [...]
Kondratieff Vindicated? A Look at the K-Wave
Thursday, November 27, 2008 14:10 No CommentsKondratieff
Nikolai Kondratieff was a Russian Professor who, after the Russian revolution of 1917, was tasked with developing the “Five year plan” which researched and analyzed factors regarding economic growth for the Soviet’s. Kondratieff published his work in 1926 and because his findings seemed critical of the stated policies of Joseph Stalin, Professor Kondratieff was removed [...]
AXA Warns as Cost of Annuity Hedging Skyrockets
Tuesday, November 25, 2008 7:56 1 CommentThe annuity shoe is about to drop!
(MarketWatch.com) Shares of AXA dropped as much as 17% in Paris as the French insurance giant shaved about a quarter of this year’s underlying earnings assumptions as the world’s market gyrations produced fewer asset fees and made it more difficult to pay out on annuities.
The insurer added that the [...]
“The Bailout Surge” by Dr. Ron Paul
Monday, November 24, 2008 19:39 No CommentsThe latest from US congressman Ron Paul
“This week the bailout of the Big Three automakers was under heavy consideration in Congress’s lame duck session. I have always opposed government bailouts of private organizations. Back in 1979 Congress had hearings about bailing out Chrysler and I was on record pointing out that these types [...]





















