Tag: investors

Bain Capital and making moolah

I kind of enjoy the way the Republicans are starting to beat up on each other. Two weeks ago, Newt Gingrich was the recipient of most the beatings. Now, it is Mitt Romney. He is getting hammered (here and here) over his time as chairman at Bain Capital. I suspect that in the coming weeks the American people will have an opportunity to look at venture capitalists up close and personal. Venture capitalists, more than bankers, are the personification of modern day supercapitalism. Bankers have regulations. Venture capitalists are free to do whatever they want to do with their money. Their

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A couple of things – Thursday

I’m still, frozen (or would focused be a better term?) on the fact that S&P decided that it needed to announce that US debt is getting “too” out of control. From Brad DeLong: What is going on here? A sovereign-debt downgrade is supposed to mean that a government’s finances have become shakier: the likelihood of internal price inflation is higher, the future value of the nominal exchange rate is likely to be lower, and the possibility that creditors might not get their money back in the form and at the time they had contracted for had gone up. The value of

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Markets okay

I always get nervous when someone tells me to be calm.  ————- From Forbes.com: Perhaps it will be known as the “Bernanke rebound.” Coming off a 416-point plunge, the Dow Jones industrial average climbed more than 100 points by midday on Wednesday after Federal Reserve Chairman Ben Bernanke said that he expects moderate economic growth and that no single factor caused the Dow’s nose dive on Tuesday. By the closing bell, some of those gains receded, as the Dow rose 52.39 points, or 0.4%, to end at 12,268.63. Yet investors still appeared more confident than they did early in the morning,

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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