Posted by: wordbeeps on: October 6, 2008
The mark of a good writer is one who can put you there, in the scene they are witnessing. Diane Francis can do that. It’s good she is a business writer, likely the best known business writer in Canada. Good business writers are needed now. Francis wrote this story, October 3, Wall Street Melting. Diane [...]
Posted by: wordbeeps on: September 15, 2008
Looking for a video lead for this post. Found the best one on Aljazeera, of all places. Fed moves to deal with financial crisis, from Associated Press From Bloomberg.com http://www.bloomberg.com/news/index.html Headlines from Reuters include “Struggling to Survive” and “Wall Street mauled by Lehman bankruptcy, AIG fears” “Problems at Lehman spill over into several Canadian companies” [...]
Posted by: wordbeeps on: September 14, 2008
In Canada it seems business as usual, but in the United States, there is a whole lot of hurt. But don’t hold your breath. If the U.S. financial system gets sick, we sneeze, too. Across the border hundreds of thousands of home foreclosures, 11 bank failures, and lately the U.S. Treasury takeover of Fannie Mae [...]
