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Mark Hurds Oracle Move: Analysts Weigh-in On Saga
Found on Business Pundit on Wed 8th Sep 10
The lawsuit filed yesterday seeking to stop former Hewlett-Packard chief Mark Hurd's move to Oracle, doesn't seem to be helping H-P shares too much Wednesday. The stock is down more than 3%.
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Government in the Mortgage Business, by Arnold Kling
Found on Kudlow's Money Politic$ on Wed 8th Sep 10
The New York Times reports, "This is subprime lending done right," said John Taylor, president of the National Community Reinvestment Coalition, an umbrella group for 600 community organizations, and a staunch critic of the lending industry. He is talking about
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Uncertainty and the Cyclical vs Structural Unemployment Debate
Found on Macroeconomic Resilience on Wed 8th Sep 10
There are two schools of thought on the primary cause of our current unemployment problem: Some claim that the unemployment is cyclical (low aggregate demand) whereas others think it’s structural (mismatch in the labour market). The “Structuralists”
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Economic Jolt: Job Openings and Labor Turnover July 2010
Found on Calculated Risk on Wed 8th Sep 10
Today, the Bureau of Labor Statistics released their latest monthly read of job availability and labor turnover (JOLT) showing that private non-farm job openings increased 7.33% since June and rose 33.09% above the level seen in July 2009, job hires increased
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Sorkin: Lehman's Last Hours
Found on DealBook on Tue 7th Sep 10
New e-mails and notes released as part of a commission's investigation provide a different version of the demise of Lehman Brothers, The New York Times's Andrew Ross Sorkin writes in his latest DealBook column.
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Half of All Union Members Live in Six States
Found on CARPE DIEM on Mon 6th Sep 10
Linda Chavez makes an important observation:Half of all union members in the U.S. live in just six states: California, New York, Illinois, Michigan, Pennsylvania and New Jersey. But even in most of those states, Democrats are having trouble. In California,
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