Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Archive: Nov 2009

  1. Japan’s Demographic Time Bomb Is Imploding

    Accord­ing to Ambrose Evans-Pritchard Japan is quickly turn­ing into devel­oped world’s sick­est econ­omy and could soon tip into an uncon­trolled down­ward spi­ral. Evans-Pritchard reported last week in the Tele­graph that Japan is reach­ing the point of no return where it won’t be able to meet its oblig­a­tions and could enter a debt death spi­ral. While […] [read full story]

    Posted in: Demographics, economy, Finance, Japan, Public Policy
  2. Home Sick Shows How Work Incentives Matter

    Last Wednes­day the New York Times Economix Blog pub­lished an arti­cle writ­ten by Casey Mul­li­gan that was billed as a sum­mary of how work incen­tives change employee behav­ior. I expected Pro­fes­sor Mul­li­gan to edu­cate read­ers as to how work and com­pen­sa­tion incen­tives change worker behav­ior and effect busi­ness. I quickly real­ized, how­ever, that the real […] [read full story]

    Posted in: Casey Mulligan, economy, Finance, New York Times
  3. The Economy’s Shape Is A Mystery That Isn’t Important To Solve

    Today Cather­ine Ram­pell of the New York Times authored a story in the Week in Review that quoted an econ­o­mist who stated there are “as many views of the econ­omy going for­ward as you have let­ters of the alpha­bet to describe the recov­ery”.  I was dis­ap­pointed by the arti­cle because rather than focus­ing on the […] [read full story]

    Posted in: Credit Crisis, Economic Statistics, economy, Finance, New York Times, Public Policy
  4. CIT’s Management Remains Out Of Touch With Reality" rel="bookmark">CIT’s Management Remains Out Of Touch With Reality

    I have been almost totally silent on CIT’s fail­ure in this blog. The rea­son is that I believed it wasn’t appro­pri­ate to com­ment neg­a­tively on a com­peti­tor or its busi­ness. How­ever, now that CIT has sought pro­tec­tion from its cred­i­tors I no longer feel that I must be silent. Today, at 3:48 PM I received […] [read full story]

    Posted in: CIT, Finance