Lending

Showing 1-4 of 4

01-Global-Business-500
Free Article

Too little U.S. innovation?

  • Blog

BusinessWeek chief economist Michael Mandel makes a case in the current issue of BusinessWeek that the U.S. economy has experienced an "innovation shortfall" in the last decade -- with successful commercialization of technological innovations slower to materialize than expected. The result, he suggests is an American economy that was weaker than it appeared.

0-recession-downturn-500

Confidence, Tricked

Since 2007, as banks took successive writedowns related to deteriorating mortgage-backed securities, the conventional wisdom was that we were facing a crisis of bank solvency triggered by falling housing prices and magnified by leverage.

040-Global-Business-500
Free Article

Lessons from the Japanese financial crisis

  • Blog
  • Read Time: 1 min 

As Wall Street staggered this week in the wake of Lehman Brothers' Chapter 11 bankruptcy filing and the sale of Merrill Lynch, commentators began making inevitable comparisons to Japan's long-lasting financial and real-estate crisis in the 1990s. "Is Wall Street's Crisis Turning Japanese?" Forbes.com asked.

Showing 1-4 of 4