If you have been paying attention to CNBC or any other business channels that past couple of days you will see that the term Mark to Market is being thrown out there a lot lately. It is an insider term but it really does effect the everyday person and their investments that they might be […]
Tag Archives: cnbc
For Christmas I want an IPod, a Mac Book Pro, and Steve Jobs to deliver the ICar
Economists Thomas Friedman was on CNBC today explaining that innovation was needed to fuel the fires of the Economy and not the bail outs. He argues that Steve jobs should come to Detroit and the ICar will be designed and ready in a week. This was of course I hope tongue and cheek. I semi […]
Socialized losses not the problem, Accountability is…
I was watching CNBC today when I heard one of the guest today use the term “socialize the losses” when talking about bailing out the auto industry. Of course we all know that he is right and that’s what the US government has done with the Financial industry and are now looking towards the auto […]