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bailout
What a novel idea
Is it time for a gender bailout? Posted by Liz
Perhaps what ails us in the U.S. can't be solved by any amount of financial bailouts. Perhaps what we really need is a gender bailout. Instead of throwing money at our problems, why not women? Both Norway and Spain have mandated gender equity on corporate boards. Should the U.S. government demand the same?
Let’s review the numbers:
Women hold only 15 percent of all board seats in this country.
A new report from the National Council for Research on Women (NCRW) titled "Women in Fund Management" shows women are under-represented in fund management positions. Ten percent of all mutual fund managers are women and only three percent of the trillions of dollars invested in hedge funds are controlled by women.
California must be rescued. It really is too big to fail.
I'm no economist, but that's never stopped me from writing about other subjects I take seriously. I take California seriously and sometime early this morning I awoke with a thought I can't get rid of. California must be rescued at all costs.
This started in the car last night while listenning to the replay of Diane Rehm and guests discuss the weekly news roundup and they kept coming back to that phrase, "too big to fail".
Too Big to Fail.
Most notably they mean Citi Group and GM. Now I for one think that size does matter and these huge banks should never have gotten so big. But we have them and their 100s of millions of depositors to deal with. That does not mean the Obama administration won't break them up before they're done and I do hope they do so I can get my little NH based bank back.
BHO Foreclosure Plan
some observations:
The REAL Story of the Financial Crisis: A Play in One Dishonest Act.
(Happy New Year to all you Joooz out there! May it bring health, happiness and the strength to make it through the tough times ahead.)
- Trust Me!
SCENE I: The Oval Office. GEORGE W. BUSH is sitting behind his desk, staring at the ceiling, bored. There are two chairs on either side of his desk; one is a wing chair, and one is a chair that swivels. The back of that chair is facing the audience; light snoring issues forth from it, but we cannot see who occupies it.