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- Paulson's Message to Detroit: Drop Dead
- Kofi Bofah submits: Treasury Secretary Henry Paulson delivered tough talk directed at Congress rejecting any notion of allocating one penny of his $700 billion Troubled Asset Relief Program [TARP] towards the relief of the battered U.S. automotive sector. Mr. Paulson's testimony is a death blow to Detroit, Michigan and the...
- External links 2008-11-19
- Does Anyone Care About Alternative Energy Anymore?
- Kofi Bofah submits: Oil is at $50 per barrel and motorists are filling up at $1.70 per gallon. The United States is broke. by Kofi Bofah
- External links 2008-12-14
- Bubble Economics: Have We Learned Our Lesson Yet?
- Kofi Bofah submits: We must open by addressing the fact that we support all methods and creative fiscal devices promulgated to jump-start the world economy at this point. We speculate that the ultimate costs of naïve inaction far supersede the present value calculations of bailing out the banking industry, Detroit,...
- External links 2009-01-13
- Economic Stimulus Package: Let Them Eat Cake
- Kofi Bofah submits: This economic stimulus package has degenerated into an utter fiasco of political wrangling, classism, and socio economic warfare that has broken down amidst typical Beltway gridlock. All constituents are descending upon Washington, hat-in-hand in search of bailout money. Although the stimulus package has ballooned from the...
- External links 2009-02-05
- Wal-Mart's Profits Attributable to Sad State of Economy
- Kofi Bofah submits: BENTONVILLE - Wal-Mart Stores, Incorporated WMT reported sales figures for the four-week periods ending February 27, 2009 and February 29, 2008. The strong results are both the mark of a company that has fought to remake its dowdy image - while embracing its roots as a low-cost...
- External links 2009-03-09
- AIG Bonus Outrage Only Grows Worse
- Kofi Bofah submits: The latest saga of this ongoing financial debacle centers around $165 million of American International Group AIG bonuses paid out to the very same executives that led the flailing insurer down the road towards ultimate collapse. The shenanigans have further incited populist outrage directed...
- External links 2009-03-19
Additional Resources
- General Motors: The Next Delisting from the Dow?
- Kofi Bofah submits: I am forecasting that General Motors GM will be the next American icon to be unceremoniously banished from The Dow Jones Industrial Average [DJIA]. The Dow is a benchmark of 30 stocks that serve as a gauge to the performance of the overall United States stock market....
- External links 2008-09-05
- Alcoa: Dead Money Personified
- Kofi Bofah submits: Alcoa AA is the world's third largest producer of aluminum and the leading producer of alumina, a white granular material that is chemically defined as aluminum oxide. The Pittsburgh corporation's refinery operation in Western Australia is capable of supplying 15% of international demand. The company manufactures thousands...
- External links 2008-10-02
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