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The robber barons of Silicon Valley
feature Today’s tech entrepreneurs talk of lofty ideals, but they display a “ruthlessness rivaling history’s greatest industrial bullies.”
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Viewpoint: Bert Stratton
feature From The New York Times: “I’m a landlord in Lakewood, Ohio, a Cleveland suburb near where I live that is predominantly prewar apartment buildings...
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Viewpoint: Devin Leonard and Romesh Ratnesar
feature From Bloomberg Businessweek: “Here’s a message for Wall Street: Heal thyself. The history of American business is rife with examples of industries that failed to respond to public pressure...
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Hold the line on insider trading
feature More importantly, insider trading gives those in the know incentives to hide information from corporate boards, and from the public, to maximize their own trading profits, said Larry Harris at the Los Angeles Times.
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How to fix the housing mess
feature This approach would cost about $350 billion, but it “will be even costlier to do nothing,” said Martin S. Feldstein at The New York Times.
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The dark art of tax dodging
feature It shows how desperately we need corporate tax reform when “even a company like P&G practices the dark tax-avoiding arts,” said Allan Sloan at Fortune.
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Viewpoint: James Surowiecki
feature From The New Yorker: “From the perspective of the economy as a whole, small companies are not the real drivers of growth. One can see this by looking...
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China confronts competition
feature The country’s “soaring wage rates” are causing companies to flee to places with cheaper labor, like Vietnam, Myanmar, and Cambodia, said Walter Russell Mead at The American Interest.
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Why we need the Volcker rule
feature To see why we need the Volcker rule, look no further than the Citigroup settlement last week for its “brazenly fraudulent” banking behavior, said James B. Stewart at The New York Times.
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The mighty shadow economy
feature The $10 trillion black market amounts to “an economic superpower” second in size only to the U.S., said Robert Neuwirth at ForeignPolicy.com.
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How supply chains hinge on Asia
feature For complex products like the iPhone, any disruption in the supply of a single, tiny component can wreak havoc on the whole “tangled chain,” said David Pilling at the Financial Times.
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Corzine’s downfall foretold
feature Corzine led Goldman into “its first major financial morass,” in 1998, overseeing trading positions that led to huge losses and delayed the firm’s IPO, said Charles Gasparino at TheDailyBeast.com.
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Viewpoint: Ron Klain
feature From Bloomberg.com: “What protest groups on the Left and the Right share with less-activist middle-class Americans...
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The BRICs can’t save the West
feature Even if they could settle their disagreements, the BRICs “remain ill-suited to seize the global economic lead,” said Joshua Kurlantzick at Bloomberg Businessweek.
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