Nov 16, 2008 1:44am
Where do the millions of computer monitors, cell phones and other electronic refuse our society generates end up? (via The Electronic Wasteland Video - CBSNews.com)
Nov 15, 2008 9:05am
A federal cash infusion will not infuse wisdom into management. It will not reduce labor costs. It will not attract talented new employees. As Megan McArdle of The Atlantic wittily put it, ‘Working for the Big Three magically combines vast corporate bureaucracy and job insecurity in one completely unattractive package.’
David Brooks, Bailout to Nowhere
Nov 14, 2008 8:28pm
Nov 14, 2008 2:57pm
Nov 13, 2008 10:59pm
Orphans and lost children slept at the Don Bosco Ngangi Center in Goma, in eastern Congo. Fighting in Congo intensified in August and has since displaced at least 250,000 people despite the presence of the largest United Nations peacekeeping force in the world. United Nations officials say both the rebels and government troops have committed crimes against civilians.(via The New York Times)
Orphans and lost children slept at the Don Bosco Ngangi Center in Goma, in eastern Congo. Fighting in Congo intensified in August and has since displaced at least 250,000 people despite the presence of the largest United Nations peacekeeping force in the world. United Nations officials say both the rebels and government troops have committed crimes against civilians.
(via The New York Times)
Nov 13, 2008 9:32pm
Kuwaiti traders celebrated after trading was halted at the stock exchange in Kuwait City. Trading at the exchange stopped after an unprecedented court order aimed at curbing the market’s slide and preventing massive losses among small investors was issued. Trading will be suspended until Nov. 17 when the court will take up the issue.
You have to think it’s going to zero to get excited about this.(via The New York Times)
Kuwaiti traders celebrated after trading was halted at the stock exchange in Kuwait City. Trading at the exchange stopped after an unprecedented court order aimed at curbing the market’s slide and preventing massive losses among small investors was issued. Trading will be suspended until Nov. 17 when the court will take up the issue.

You have to think it’s going to zero to get excited about this.

(via The New York Times)
Nov 13, 2008 5:30pm
In the United States there is already a funding crisis. And they will have to sell a lot more bonds next year to fund the bailout packages that have already been signed off [on]. And so I think the US might be on course to lose AAA rating. Even the chairman of sovereign ratings for Standard & Poors has warned that there is a lot of pressure now on the US’ AAA rating…. Of course they could raise taxes but if they raise taxes, you know, it’s the same thing as raising interest rates, it will just kill off more of the economy and the economy is already in very dire straights.
Martin Hennecke, see video.
Nov 13, 2008 5:09pm
Nov 13, 2008 1:32pm

GM

All of this talk about “would you buy a car from a company in bankruptcy?” is kind of ridiculous to me. No one is buying their cars now.