So, just how great was The Great Recession? Take a look at this table from Independent Strategy Group (in billions of dollars): My father is a World War II veteran, who landed on Omaha Beach in France. It was the defining experience of his life, which he re-lives every day of his life. Yet, separating the economics from emotions, which is admittedly difficult, that event…
Nobody likes to think the odds are stacked against them unfairly. As long as man is either greedy or simply competitive, people will look for an advantage, fair or unfair. Newspapers routinely report on businessmen being indicted for one reason or another. No business is untouched, from developers, realtors, lenders, or even lawyers. As a result, we have learned to be careful who we do…
What a ride! At one point this afternoon, the Dow was down almost a thousand points. The plunge was sudden, dramatic and scary. Such a price plunge could not be attributed to the fear of Greek contagion, nor the uncertainty of the national election in England and a regional election in Germany this Sunday. At this point, it looks like a trading error of massive…