...The mood of business in New Mexico is grim, and for good reason, a Federal Reserve System official said in Albuquerque on Thursday.
New Mexico entered the national recession later than the rest of co...
Thursday, Nov 19, 2009, 21:56 MST
Word count: 884
|
|
|
...Losses at First State Bancorporation increased in the third quarter as the Albuquerque-based bank holding company continued to struggle with non-performing loans, the company announced Monday.
Net lo...
Monday, Nov 02, 2009, 17:59 MST
Word count: 374
|
|
|
...A canceled federal contract could cost as many as 165 people their jobs at a customer support center operated by Lockheed Martin Corp. in Downtown Albuquerque.
Citing declining volume and budgetary c...
Thursday, Oct 15, 2009, 17:59 MST
Word count: 229
|
|
|
...After one year of global credit crisis, New Mexico's banks still face tough lending environments and hold too many bad loans, but rumors that some banks are in imminent danger of failing are simpl...
Friday, Oct 09, 2009, 17:59 MST
Word count: 369
|
|
|
...Residential real estate dragged the nation into a recession and residential real estate will help fuel the recovery, a New Mexico State University economist told a gathering of the Rotary Clubs in Alb...
Tuesday, Sep 29, 2009, 17:59 MST
Word count: 437
|
|
|
...The University of New Mexico Cancer Center and medical technology colossus Siemens Corp. are expected to announce today that they are teaming up to make the center the hub of Siemen's medical isot...
Monday, Sep 14, 2009, 19:55 MST
Word count: 592
|
|
|
...About 15 years ago I was a vice president with a company that was trying to turn technological innovations we found in the former Soviet Union into commercial ventures. One deal we were working on inv...
Wednesday, Aug 26, 2009, 14:09 MST
Word count: 358
|
|
|
...Some of the predictable sniping occurred at Martin Heinrich's town hall on the health care bills Saturday. A noisy but minority cohort insisted on describing as socialism proposals to cover more low-i...
Monday, Aug 24, 2009, 15:02 MST
Word count: 386
|
|
|
...Uwe Reinhardt provided an intelligent and timely reminder of what economists mean by rationing. Among the hot buttons in the health debate, especially at the contentious town halls congresspeople are ...
Tuesday, Aug 11, 2009, 12:29 MST
Word count: 205
|
|
|
...The Journal has started a daily feature to try to answer as many questions as we can that our readers submit concerning the health policy legislation working its way through Congress. I've been assign...
Tuesday, Aug 11, 2009, 10:49 MST
Word count: 360
|
|
|
...Matt Miller is one of my all-time favorite public policy writers. He used to write a regular syndicated newspaper column that the Journal published. He served in President Clinton's budget office, he ...
Friday, Jul 31, 2009, 13:12 MST
Word count: 522
|
|
|
...In one of my many previous lives I did some economic and market research consulting. I have also served on a few arts organizations' boards of directors. I was always struck by the need of nonprofits,...
Thursday, Jul 30, 2009, 12:31 MST
Word count: 589
|
|
|
...Most banks are not Citigroup, Bank of America or Wells Fargo. Most banks are smaller and depend not on bizarre financial engineering gambles for profits but simply take money from depositors and lend ...
Thursday, Jul 30, 2009, 10:31 MST
Word count: 455
|
|
|
...If it's possible for there to be a rock star in the arcane field of health policy economics, that rock star has to be Uwe Reinhardt. He is an economics professor at Princeton and author of countless p...
Monday, Jul 27, 2009, 13:33 MST
Word count: 408
|
|
|
...In Monday's Business Outlook, I said that I am skeptical the proposed government run competitor to private insurance will do any better at controlling the cost of care than the insurance industry does...
Wednesday, Jul 22, 2009, 10:18 MST
Word count: 681
|
|
|
...Joe Cecchi, who is stepping down as dean of the University of New Mexico School of Engineering and returning to the classroom, attended this afternoon's Chamber of Commerce-sponsored presentation by S...
Thursday, Jun 04, 2009, 17:39 MST
Word count: 362
|
|
|
...I interviewed Robert "Tim" McGee, director of macro strategy and research, U.S. Trust, Bank of America Private Wealth Management today. In light of Bill Verant's comments about inflation yesterday, I ...
Wednesday, Jun 03, 2009, 16:17 MST
Word count: 276
|
|
|
...I interviewed Bill Verant, the state's chief financial regulator, this afternoon about the condition of the state's banks, in light of the increase in the nation's problem banks from 90 in the first q...
Tuesday, Jun 02, 2009, 16:16 MST
Word count: 464
|
|
|
...The state Legislative Finance Committee has issued an important report about economic development activity in the state. Bottom line: New Mexico has spent about a half a billion dollars in the past ei...
Tuesday, Jun 02, 2009, 14:03 MST
Word count: 87
|
|
|
...In her new book, Fool's Gold, one of my favorite financial writers, Gillian Tett, describes how the credit default swap and collateralized debt obligation industry was invented at a conference of J.P....
Friday, May 29, 2009, 10:40 MST
Word count: 278
|
|
|
...One of the things I love about covering business is the language business people use. For example, OPM means "other people's money," as in, "We can do the buy-out if we can get OPM." "Shadow banking" ...
Thursday, May 28, 2009, 10:53 MST
Word count: 334
|
|
|
...The increasingly conservative, Rupert Murdoch-controlled Wall Street Journal points out that the tea-baggers' fundamental thesis -- that their taxes are destined to climb because of bail-outs -- is fu...
Thursday, Apr 23, 2009, 11:05 MST
Word count: 96
|
|
|
... The Tea Baggers say they are "taxed enough already" and have staged a made-for-television revolt against the Obama economic policy, spurred on by Republican stalwarts Dick Armey and Newt Gingric...
Monday, Apr 20, 2009, 14:27 MST
Word count: 84
|
|
|
...James Paulsen, chief investment strategist for Wells Capital Management, is always one of the more up-beat financial market and economic observers, but he's sharp and well respected. His latest take o...
Thursday, Apr 16, 2009, 12:26 MST
Word count: 52
|
|
|
...So far the newest buzz word doesn't appear to have shown up in the popular media, but it soon will, I'm sure. It's second derivative trading. It borrows from calculus. Believers say it tells them th...
Tuesday, Apr 14, 2009, 07:32 MST
Word count: 123
|
|
|
...The first time I heard the expression G2 it was in an interview with Donald Straszheim, former global chief economist for Merrill Lynch and a China expert. Straszheim said the solution to global econo...
Monday, Apr 13, 2009, 15:03 MST
Word count: 375
|
|
|
...I'm working on a story about portfolio management that should show up in Business Outlook in the next few weeks. One thing I've learned, which won't make it into the story, so I'll share it here, is t...
Thursday, Apr 09, 2009, 09:51 MST
Word count: 223
|
|
|
...Economist Nouriel Roubini was on Bloomberg radio making the case that the bank takeovers harm the economy by creating monstrous banks. The better solution would be to break them up into smaller banks ...
Wednesday, Apr 08, 2009, 13:46 MST
Word count: 353
|
|
|
...I am not a big fan of Thomas Friedman, the New York Times columnist and author. His book, The World Is Flat, was a fairly trite, not especially well written restatement of the benefits of global trade...
Wednesday, Apr 08, 2009, 12:42 MST
Word count: 394
|
|
|
...This morning on the public radio program Dialogue, economist Kathryn Lavelle of Case Western Reserve University in Cleveland (my home town), offered a great quip and some intelligent insight about the...
Monday, Apr 06, 2009, 10:25 MST
Word count: 366
|
|
|
...Jon Stewart of the Daily Show chewed out Jim Cramer and the financial media in general for not warning the public about the economic and investment debacle that was looming. Stewart said that Cramer, ...
Friday, Apr 03, 2009, 10:09 MST
Word count: 691
|
|
|
...This recession is absolutely one for the books. Unemployment rates nationally reached 8.5 percent in March, meaning about 5.1 million Americans have lost jobs since the recession began. The credit cri...
Friday, Apr 03, 2009, 09:51 MST
Word count: 283
|
|
|
...George Goodman, using the pen name Adam Smith, wrote a fun book about stock market exuberance and collapse during the 1960s called The Money Game. He was probably the first of the Warren Buffett mytho...
Friday, Mar 20, 2009, 14:13 MST
Word count: 813
|
|
|
...Ed Caplan, one of my favorite professors at the UNM Anderson Schools of Management, used to say that if you want to know why a firm does something, look at how the employees of the firm are compensate...
Wednesday, Mar 18, 2009, 11:09 MST
Word count: 292
|
|
|
...John Authers points out that the outrage over AIG bonuses is misplaced. The problem, he says, is not that AIG employees do not deserve the bonuses, and it's not that a trivial amount of taxpayer money...
Wednesday, Mar 18, 2009, 09:48 MST
Word count: 262
|
|
|
...The financial press has discovered the black swan event. The idea is that some events are so rare, like the sighting of a black swan, as to be almost unbelievable. Yet, like the collapse of one financ...
Tuesday, Mar 17, 2009, 07:53 MST
Word count: 430
|
|
|
...The financial press today is agog over Jon Stewart's attacks on Jim Cramer. Stewart is on Comedy Central. Cramer rants and raves about stocks on CNBC.I don't have cable, so I've never seen either show...
Friday, Mar 13, 2009, 16:47 MST
Word count: 374
|
|
|
...Warren Buffett, whose name will appear often in this blog, since I am a huge fan of any rich guy who manages to avoid corporate-speak, is fond of saying that if you want to know why something happens ...
Thursday, Mar 12, 2009, 13:18 MST
Word count: 315
|
|
|
...I've been taking a fair amount of grief around the Journal newsroom. I said on March 1 that the economic recovery has begun, that when we get to the end of the year and we see growth in gross domestic...
Thursday, Mar 12, 2009, 12:34 MST
Word count: 573
|
|
|
...Former Federal Reserve Chairman Alan Greenspan, who was disinclined to do much in the way of regulating the financial sector, justified his approach to Congress last year by saying that he could not b...
Monday, Mar 09, 2009, 09:52 MST
Word count: 694
|
|
| Page 1 | 2 | Next |