Tim Geithner’s plan to get toxic assets off bank balance sheets should help strengthen SOLVENT financial institutions, Nouriel Roubini of RGE Monitor says. But banks that fail stress tests (a.k.a., insolvent ones) should be seized, restructured, and sold.
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NYU professor Nouriel Roubini thinks the Obama administration is perfectly justified in taking a hard line with Detroit.The best move for GM from here, he says, is a “pre-packaged bankruptcy.” This will allow the company to reach deals with bond
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From paidContent.org, March 31, 2009:A couple of weeks ago, we ranked digital-media
CEOs by the size of paychecks. But many of these titans derive most of
their wealth not from salary, bonus or options, but from their holdings
in the companies they run
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Okay, not “positive,” exactly, but certainly less negative than he’s sounded
over the past 18 months. NYU professor Nouriel Roubini, you’ll recall, is known as “Dr. Doom,” the most famous of the handful of economists who actual
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From Clusterstock.com Outgoing GM Chief Rick Wagoner is set to walk into the sunset with a $20 million payout, according to Michelle Leder’s analysis of GM’s filings.Well that has to ease the sting of getting personally fired by The President of the
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Now that the nation’s top public servant is wielding The Donald-like powers over chief executives of bailed-out companies, expectations are high that more heads will roll, and Bank of America CEO Kenneth Lewis is looking like the next contestant on a new economic prime-time drama: The Executive.
Rick Wagoner, ousted as General Motors CEO, had spent […]
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23andMe is a radical startup with a bold idea: Personal genetic testing through
the mail. But early on, the company made headlines in Silicon Valley for another reason: Co-founder Anne
Wojcicki is married to Google founder Sergey Brin. What’s mo
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When Anne Wojcicki and Linda Avey met, they were both working in the
biopharmaceutical industry and horrified at how ineffective the modern
healthcare system was. Forget the politicians, Wojcicki and Avey decided a
better way to force change was to
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