8 posts and columns on Great Depression

Back to the Future: Financial Times Launching “Wealth” Magazine

in Media on August 31, 2009 at 6:15 am PT

Does the economic turmoil have you pinching pennies and clipping coupons? Then the newest product from the Financial Times isn’t for you: The daily’s new quarterly magazine is aimed at people worth more than $1.6 million.
gordongeckocell

Amazon Keeps Climbing On Strong Q1; How High Is Up?

in News on April 24, 2009 at 9:01 am PT

Amazon.com is absolutely on fire. The company posted Q1 results that blew away estimates, with EPS of 41 cents a dime ahead of the Street, as both gross margins and operating margin expanded in the face of the worst economic downturn since the Great Depression.

Econalypto

in News on December 2, 2008 at 12:00 am PT

Good thing the National Bureau of Economic Research wasn’t established with the goal of providing timely economic analysis; otherwise its announcement Monday that the country has been in a recession since December 2007 might seem, you know, ludicrous. But the NBER’s business is quantitative historical analysis, not timely economic intelligence. And that makes today’s pronouncement even more worrisome.

Tesla Foiled

in News on October 17, 2008 at 4:42 am PT

While $25 billion in low-cost federal loans keeps General Motors, Ford and Chrysler churning out SUVs through the econalypse, the wheels are coming off cleantech car company Tesla Motors. Without access to the same sorts of loans given its Detroit colleagues, the country’s leading electric car maker is delaying production of its Model S sedan, sacking an unspecified number of employees and shuttering two offices.

Lehman Brothers: $2.5 Billion for a Bankruptcy Well Done

in News on September 23, 2008 at 5:10 pm PT

Finally, some reassuring news amid all this economic woe. The United States financial system is suffering the worst financial crisis since the Great Depression. The Treasury is planning to buy up to $700 billion in bad debt. But things are looking up for the long-suffering employees of investment bank Lehman Brothers. They’ve got a bonus pool.