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Hard hitting global and local news
Hard hitting global and local news
Denning says Milton Friedman is the The Origin Of ‘The World’s Dumbest Idea’ . No popular idea ever has a single origin. But the idea that the sole purpose of a firm is to make money for its shareholders got going in a major way with an article by Milton Friedman in the New York Times on September 13, 1970.
On Friday, a Michigan Circuit Judge Rosemarie Aquilina ruled Detroit bankruptcy is unconstitutional . On Friday, a circuit court judge in Ingham County ruled that Detroit’s federal bankruptcy filing violated a part of Michigan’s constitution that protects union pensions.
Tweet  A short while ago, Eli was reading Chemical and Engineering News when his eye gazed across a letter from somebunny, never mind who Having recently become a 50-year member of the American Chemical Society, I am embarrassed to see that C&EN has become a propaganda machine attempting to brainwash ACS members. Strong claim, you say?
Visit site: From Turkey with love: Another Israeli attack on Syria?
Tired of perpetual war? So am I but US drone policy ensures perpetual war is her to stay.
Abe now tells Japanese firms " Stop Sitting on Cash " Okuma, a Japanese machine-tool maker, has seen its stock price rise around 30% this year.
Read the original post: Climate divestment for the water district
Avalanche of City Debt Downgrades and Eventual Bankruptcies Coming Up; Numerous Cities Bankrupt Over Pension Promises Posted by Michael Shedlock at 12:15 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
In an inevitable, anticlimactic decision today, Detroit files for bankruptcy . Detroit became the largest US city to ever file for bankruptcy on Thursday, seeking protection from its creditors as it restructures more than $18bn in debt