JANUARY 20, 2012 Why 4,300 people are suddenly out of a job. You know something’s wrong when a company like MetLife can’t find a buyer for its mortgage unit, fires 4,300 workers, and its stock rises. But such is the condition of America’s housing markets, where the risk of overregulation and litigation are so high […]
THE METLIFE LESSON Read More »
This is Romney’s moment to distinguish himself by making a moral case for free-market capitalism. By DONALD L. LUSKINMr. Luskin is chief investment officer at Trend Macrolytics LLC. EXCER[T FROM THIS ARTICLE: The rules under today’s politics are quite different. Consider the federal government’s 2009 bailout of General Motors. GM’s secured bondholders were contractually entitled to
NEWT’S BAIN OPPORTUNISM IS MITT’S OPPORTUNITY Read More »
JANUARY 14, 2012 By ELIZABETH WILLIAMSON Three former factory workers featured in a film about layoffs at companies bought by Mitt Romney’s Bain Capital say they weren’t laid off by Bain, as the film implied, but got promotions and raises after Bain bought the plant they worked in. Winning Our FutureTommy and Tracy Jones, in
FEATURED WORKERS CALL NEGATIVE BAIN FILM INACCURATE Read More »
JANUARY 13, 2012 By JONATHAN MACEY Mr. Macey is a professor of corporate law, corporate finance and securities law at Yale Law School. EXCERPT FROM THIS ARTICLE: Because private-equity firms are, by definition, equity investors, they make money only if they improve the performance of their companies. Private equity is last in line to be
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JANUARY 11, 2012 Romney has a good story to tell, if he’s willing to tell it. About the best that can be said about the Republican attacks on Mitt Romney’s record at Bain Capital is that President Obama is going to do the same thing eventually, so GOP primary voters might as well know what’s
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Newsmax Jack Welch: Romney Is a ‘Great Leader’ Monday, January 9, 2012 09:47 AM By: Henry J. Reske Former Massachusetts Gov. Mitt Romney is the most qualified candidate for president in the past 75 years, says Jack Welch, former chairman and CEO of General Electric. “In my lifetime, Mitt Romney is the most qualified leader
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JANUARY 9, 2012 Romney at Bain: Big Gains, Some Busts By MARK MAREMONT Associated PressMitt Romney, with his parents and wife in 1994 announcing his candidacy for a Senate seat, a race he lost. Mitt Romney’s political foes are stepping up attacks based on his time running investment firm Bain Capital, tagging him with making
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JANUARY 4, 2012 America as Number Two Hong Kong again beat the NYSE in new stock offerings in 2011. One reason the U.S. economy isn’t creating enough jobs is that it’s not creating enough employers. After another dismal year in 2010 for American initial public offerings (IPOs), some had predicted a strong 2011. But now
AMERICAN IPOs – THE COMEBACK NEVER CAME Read More »
