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Articles Written by: LIZ PEEK
The angry crowds demonstrating against Obamacare have taken the administration and its supporters by surprise. Pundits are chasing explanations for this uprising like beagles running down a rabbit. Like a crazed pack of hounds, many have become muddled ...
The admiring press has noted that President Obama and his wife have provided their daughters, Sasha and Malia, with a summer full of fun - but also rich with learning. They have visited the Eiffel Tower and clambered around the Pantheon - while at the ...
Like a Cessna pilot deliberately flying into a tornado, President Obama is risking political life and limb to push through healthcare legislation that Americans do not like and do not want. The administration has bullied and sermonized relentlessly for ...
Several developments suggest that the Obama administration will embrace development of domestic oil and gas resources. That would be a cheery turnabout for oilfield companies like Nabors Industries (NYSE: NBR) and Baker Hughes (NYSE: BHI) that depend ...
From LIZ PEEK,
Town Hall,
25 Jun 2009
Calstrs, the outfit that oversees some $111 billion of teacher pension funds in California, is now demanding that companies allow shareholders to vote on executive compensation (say-on-pay), and it has set out eight pages of guidelines seeking "more ...
From LIZ PEEK,
Town Hall,
7 May 2009
What do Ken Lewis and Jamie Dimon know that we don't? Lewis, the CEO of Bank of America (NYSE: BAC), and Dimon, CEO of JPMorgan Chase (NYSE: JPM), have reportedly spent millions recently buying their companies' beaten-down shares, defying those who ...
From LIZ PEEK,
Town Hall,
27 Jan 2009
Here's a huge surprise: Americans went shopping on Friday. Economists everywhere were caught flatfooted as consumers flooded the malls and spent 7.2% more than they did last year, according to the National Retail Federation. What happened to the ...
From LIZ PEEK,
Town Hall,
4 Dec 2008
Happily, I can say with some confidence that we've reached the bottom of this particular Wall Street meltdown. Why? Because Warren Buffett told us so, and I'm easily influenced by people who have made billions of dollars.
Mr. Buffett, for all his "I ...
The move by Goldman Sachs and Morgan Stanley to become bank holding companies says a lot about who may emerge as winners when the dust settles from this mother of all storms.
As analyst Richard Bove pointed out in a note over the weekend, several of ...
As one Lehman employee put it, "I can't believe how fast it happened."
Two men hug outside Lehman Brothers headquarters in New York yesterday.
At a gathering this weekend of financial services executives, people universally expressed shock over the ...