Posts filed under “Digital Media”
Bespoke Investment Group notes that in less than two years, the market cap of the S&P financial sector has shrunk to $959 billion from nearly $3 trillion at its May 2007 peak.
Citigroup has lost in value close to 10 times its current market cap.
Parade of the Basket Cases
Barrons JANUARY 17, 2009
Via Marketwatch: Bernard Madoff. David Colby, former CFO of Wellpoint Rod Blagojevich, governor of Illinois Heinz-Joachim Neubürger, Karl-Hermann Baumann and Johannes Feldmayer. The two former CFOs and former chairman of Siemens Ted Stevens, former senator from Alaska Bruno A Kaelin, former senior vice president and head of corporate compliance at Alstom Adam Vitale, sentenced to…Read More
> Sources: Cadillac Converj Extended-Range Electric Vehicle http://gm-volt.com/2009/01/11/cadillac-converj-extended-range-electric-vehicle/ Converj: The “Cadillac” Of Electric Vehicles http://www.gmeurope.info/social_media_newsroom/archives/610-Converj-The-Cadillac-Of-Electric-Vehicles.html GM’s Cadillac Converj is star of Detroit auto show, says Flint Journal columnist Bryan Laviolette Bryan Laviolette The Flint Journal, January 12, 2009, 8:30 AM http://www.mlive.com/naias/index.ssf/2009/01/gms_cadillac_converj_is_star_o.html
via NYT via WSJ > Sources: Citigroup Plans to Split Itself Up, Taking Apart the Financial Supermarket ERIC DASH NYT, January 13, 2009 http://www.nytimes.com/2009/01/14/business/14citi.html Citigroup Ready to Shrink Itself by a Third DAVID ENRICH WSJ, JANUARY 14, 2009 http://online.wsj.com/article/SB123185686674677225.html
Client Total Source Access International $1.4 billion Company statement, Advisors Bloomberg Data Alicia Koplowitz, $14 million Bloomberg News One of Spain’s richest women Aozora Bank Ltd. 12.4 billion Company statement yen ($137 million) Bard College $3 million Bloomberg News Read More
While looking at the unemployment numbers is useful, an additional employment metric that is very interesting over time is the labor force participation rate, since the fudging of “actively looking for work” is not involved. This series trended up because of the increase of women in the workforce through 2001, but is now back down…Read More