Free Republic

A decade ago, General Electric was the shining star of American business. Its longtime chief executive, Jack Welch, was named manager of the century by Fortune Magazine, and its stock seemed always to go up. It ran a bewildering array of businesses but somehow always managed to make the expected profits. That record was viewed as proof of superior management, and the battle to succeed Mr. Welch in 2001 was watched all over the business universe. When a winner emerged, the losers quickly were hired to run other major companies. G.E. is different now. The stock has fallen and the...

President Obama’s pick for Treasury Secretary, Timothy Geithner, is being urged to lay the foundation for “global governance” by considering “international taxation” measures to loot more money from U.S. taxpayers. The recommendation is included in the report, “The Global Agenda 2009,” which is being considered by the World Economic Forum (WEF), meeting in Davos, Switzerland, January 28th - February 1st. The WEF is not an official government group but does include dozens of government, corporate and labor leaders at its annual meetings. Media companies such as News Corporation (parent of Fox News, the Fox Business Network, and the Wall Street...

I've attempted to bold the most important things here. Very comprehensive... Lehman more optimistic than Citigroup. I hope someone finds this article to be of value. As of April 23, at least 251 people worldwide had died of severe acute respiratory syndrome (SARS). That is far, far fewer than the number who die from the flu, accidental falls or car crashes each month in the United States. Yet, since SARS first came to public attention in March, the mysterious illness has disrupted global business and vacation travel plans, prompted downward revisions to economic forecasts, jeopardized the health of thousands of...