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The grandson of the founder was educated in the U.S. and worked in the Chinese operations. He brings a broad exposure to countries around the world that his predecessors lacked with their more parochial backgrounds. This will be invaluable as he steers Toyota back to its roots and accomodates a changing world.
Linked Articles
New York Times 06/02/2010
Toyota, Needing Change, Taps a Scion to LeadWall Street Journal 01/12/2009
How the Capps and the Muirs, two couples in their thirtes and forties and their families are scrimping and saving like older generations of Americans. The implications of this for the national savings rate which is forecast to reach 10% by Goldman Sachs in 2009. What this means for consumption spending according to Rodriguez, and why the economy may be setting up for a longer downturn approaching ten years.
Linked Articles
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes
Wall Street Journal 01/06/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
The automakers with their huge overcapacity face a rapidly developing crisis, as they will be forced to close plants quickly. A similiar situation is likely to develop gradually in other industries that have overcapacity from falling sales and a reluctant consumer, who is now focussed on saving.
Linked Articles
Automakers' Overcapacity Problem
BusinessWeek 12/31/2008
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
How being in the euro currency is on balance a good thing for Italy, being outside good for Britain given its asymmetric shock, and being inside complicates things in Spain which had an outsize boom in construction.
Linked Articles
Economist 12/30/2008
Longer dole queuesEconomist 12/30/2008
Views of state governors and green advocates on how best to attack the problem raised for stimulus spending that would work to meet short term job goals and longer term goals for energy and transportation to meet sustainability criteria and design better ways to live and work.
Linked Articles
For Stimulus Plan, Obama Team Weighing 'Green' Jobs vs. Traditional Projects
Washington Post 12/24/2008
Jon S. Corzine - A Bold Stimulus Package -- $1 Trillion Bold -- Is NeededWashington Post 12/24/2008
Mr Bailey's changing philosophy on life, happiness defined as debt free and able to enjoy life with his family. What this does to Savannah and Long Beach's port area.
Linked Articles
When the Downturn Sailed Into Savannah
New York Times 11/30/2008
Frugality Forged in Today's Recession Has Potential to Outlast ItWall Street Journal 04/06/2009
How the automakers failed to convince Congress and end up in a three way battle in Congress between the Democrats, Republicans and the midwestern Congressmen with things like automakers private jets drawing scrutiny over how this industry was diffeerent in the way it did things including the higher medical benefits of union workers that burdened the companies.
Linked Articles
Detroit’s Bid for Aid Fails For Now
New York Times 11/21/2008
Terms of a Rescue PlanBusinessWeek 12/11/2008
Gordon Brown is winning the support of many experts and governments in the remarkable leadership he has shown in this global financial crisis and his plan and execution.
Linked Articles
New York Times 10/13/2008
Rescue Plan Comes Around to Views of the AcademicsWall Street Journal 10/11/2008
After some fumbling in the bank run on Northern Rock, Gordon Brown and Alistair Darling come up with what the Wall Street Journal calls "A Plan at Last," as if heaving a sigh of relief after Paulson and Bernanke's own fumbling with troubled assets program.
Linked Articles
U.K. Chiefs Repair Image With Bailout
Wall Street Journal 10/14/2008
A Plan -- at LastWall Street Journal 10/09/2008
Lehman may be allowed to fail or a sale arranged by Treasury without taxpayer funds.
Linked Articles
No Deal Reached Yet to Decide Lehman's Fate
Wall Street Journal 09/13/2008
Sink or Swim for LehmanWall Street Journal 09/12/2008
Fannie and Freddie takeover and the reporting of high level ties with lobbyists of both candidates shows the agents of change argument like the free markets argument "as only a thin veneer" as one expert puts it. In this case though the lobbyists who are in other roles as close advisors to the two candidates and the candidates themselves may not realize that politics as usual here had huge implications. Without the hard work of Secretary Paulson and Bernanke the collapse of Fannie and Freddie could have endangered the American economy, not an overstatement, and could also have serious ripple effects all over the world economy.
Linked Articles
For ’08 Rivals, a Skein of Ties to Loan Giants
New York Times 09/10/2008
The Fannie Mae GangWall Street Journal 07/23/2008
GM will cut spending in many areas like ad spending and marketing so as to have less dependence on loans secured against its international operation.
Linked Articles
GM Plans Debt Offering To Accompany Cost Cutting
Wall Street Journal 07/16/2008
GM Plans $10 Billion In Cuts to Bolster CashWall Street Journal 07/16/2008
This put Honda in arelatively better position than the Detroit automakers as SUV sales slumped and the shift to smaller cars was ocurring in abig way by the second half of 2008.
Linked Articles
American Energy Policy, Asleep at the Spigot
New York Times 07/06/2008
Sized for the TimesNew York Times 10/19/2008
Linked Articles
Despair and a Defiant Smile in a Gaza Hospital
New York Times 01/09/2009
Gaza Strip Economy on ‘Verge of Collapse,’ World Bank SaysNew York Times 05/22/2015
How the forward and outward looking approach and being on the offensive helps build a resilient company or team or individual.
Linked Articles
BusinessWeek 12/31/2008
Anxiety Management in an Economic CrisisBusinessWeek 12/31/2008
The dramatic shift to a savings oriented and thrifty lifestyle reminiscent of the thirties and forties in some ways, is seen in the new lifestyles and spending habits of the Capps and Muirs in Boise, Idaho. With its high tech factories Boise has held up well in previous recessions. If things are changing this much in a place like Boise then its aserious sign of changes in the whole country. This is leading to buidup of inventories of cars, electronics goods, and other goods in retail stores. It has a serious global aspect as products made in China are affected, and products made elsewhere that go into these products are affected, and the equipment manufacturers in Germany for these products made in China are also affected.
Linked Articles
BusinessWeek 12/31/2008
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic WoesWall Street Journal 01/06/2009
A physiotherapist from Turin, Italy, who runs the Red Cross Rehabilitation Center in Afghanistan, and a wounded surgeon who loses his wife and child in the cross fire between militants and Israelis in Gaza City, both have an untold story of civilians in both places.
Linked Articles
A Foreign Face Beloved by Afghans of All Stripes
New York Times 12/25/2008
Despair and a Defiant Smile in a Gaza HospitalNew York Times 01/09/2009
U.S. congresswoman Sheila Bair once said it was the task of fund raising that deterred her and others like her from pursuing careers of national service at higher levels. Obama outspent McCain and Romney by wide margins in 2008 and 2012, right wing groups such as the Koch brothers are organizing similiar efforts of their own for 2016 so as not to be outspent by their opponents.
Linked Articles
Final Fundraising Tally for Obama Exceeded $750 Million
Washington Post 12/06/2008
Koch Brothers’ Budget of $889 Million for 2016 Is on Par With Both Parties’ SpendingNew York Times 01/26/2015
Readers reactions to Rubin's defense of his work at Citgroup and his $115 million compensation since 1999.
Linked Articles
Rubin Should Simply Say He's Sorry and Then Leave
Wall Street Journal 12/05/2008
Rubin, Under Fire, Defends His Role at CitiWall Street Journal 11/29/2008
In Louisiana, Arkansas, Mississippi, Georgia and other states of the Deep South women's rights and civil rights for black people were a result of decades of effort by women like Linda Boggs and Rutha May Harris, hard work against entrenched prejudice with many setbacks and resilience towards adversity, compared to the soft work of campaign strategy, image making, polling and fund raising of today.
Linked Articles
A Time to Reap for Foot Soldiers of Civil Rights
New York Times 11/05/2008
Ex-Congresswoman Lindy Boggs Dead at 97Wall Street Journal 07/28/2013
Vernon Smith thinks Treasury has little experience with reverse auctions and they will be awfully hard to do. Direct injection of capital into banks is something Treasury has experience and has done recently in some bank failures such as WaMu takeover by Chase organized by FDIC and Treasury. The British rescue plan of Gordon Brown is to provide capital to the banks in return for equity stakes.
Linked Articles
Britain Takes a Different Route to Rescue Its Banks
New York Times 10/09/2008
There's No Easy Way Out of the BubbleWall Street Journal 10/09/2008
The war in Afghanistan is beginning to take a new turn as Petraeus looks for ways to reverse gains by Taliban and Zardari commits Pakistan to work alongside the US.
Linked Articles
The Most Difficult Job in the World
Wall Street Journal 10/04/2008
Insurgents in Afghanistan Are Gaining, Petraeus SaysNew York Times 10/01/2008
Russia tones down its overreaction as 66% of Russians polled in June say Russian forces should not enter Ukrainian terrritory. Putin and Russians in the administration policy making may have underestimated the reaction in the U.S. as reflected in this WSH editorial saying Americans should remember the words of Gen. Lucius Clay during the Berlin Blockade and the subsequent airlift. This could be why analysts in Russia now maintain that good relations with the West must be maintained, and entry of Russian forces into Ukraine would have disastrous consequences for Russia in terms of western sentiment and foreign investor sentiment. In such a situation Germany would be likely to support the stronger U.S. position seeing this in terms of the language used in theBerlin Airlift of 1948. For Germany and Russia this would be reversing the hard won gains of building relations from the time of Brandtand Kohl till today, fifty years of effort to build better relations and economic relationships- just too much for sober heads in Moscow Paris, and Berlin to accept, and closing another chapter in Russia's interactions with the West.
Linked Articles
Wall Street Journal 08/13/2008
Seeing Cost of Saber Rattling in Ukraine, Putin Alters CourseNew York Times 07/11/2014
Transmission lines built for another era are a road block in the rapid development of wind energy as wind turbines are located in the sparsely populated areas like Kansas and the transmission capacity does not exist to the areas of high demand along the eastern and western seaboard.
Linked Articles
Wind Energy Bumps Into Power Grid’s Limits
New York Times 08/27/2008
Texas Approves a $4.93 Billion Wind-Power ProjectNew York Times 07/19/2008
Reilly questions the leveraging aspect of the Fed's 2002 stress test results as they leave U.S. banks leveraging at between 20-30 times capital, the situation that prevailed before the crisis. Experts including Anil Kashyap at the University of Chicago pointed out how the process of deleveraging works in reverse before the collapse of Lehman in 2008- for every $1 of bank losses the deleveraging cycle reduces bank lending by $20- $30.
Linked Articles
Stressing the Bank 'Stress Tests'
Wall Street Journal 03/14/2012
How Bad Will It Get on Wall Street?BusinessWeek 07/16/2008
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