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3 Strange Things About the GM IPO
futureofcapitalism.com
National Public Radio's Planet Money has an excellent piece about the General Motors stock offering, observing, among other things, that the government is selling is shares at a loss, that GM itself warns that the government's ownership is bad for its business, and that GM itself says "our disclosure controls and procedures and our internal control over financial reporting are currently not effective."
Read More...
Libertarian Summer Camp
futureofcapitalism.com
NPR's Planet Money has a 25 minute podcast about a "libertarian summer camp" in New Hampshire, where families run small businesses that aren't regulated by the government and that accept payment in gold and silver. All in all it's a pretty respectful treatment, including an acknowledgement by NPR Planet Money host Adam Davidson (a long-ago colleague of mine at the Forward): "We do have a lot of insane regulation in America."
Read More...
Libertarian Summer Camp
futureofcapitalism.com
NPR's Planet Money has a 25 minute podcast about a "libertarian summer camp" in New Hampshire, where families run small businesses that aren't regulated by the government and that accept payment in gold and silver. All in all it's a pretty respectful treatment, including an acknowledgement by NPR Planet Money host Adam Davidson (a long-ago colleague of mine at the Forward): "We do have a lot of insane regulation in America."
Read More...
3 Strange Things About the GM IPO
futureofcapitalism.com
National Public Radio's Planet Money has an excellent piece about the General Motors stock offering, observing, among other things, that the government is selling is shares at a loss, that GM itself warns that the government's ownership is bad for its business, and that GM itself says "our disclosure controls and procedures and our internal control over financial reporting are currently not effective."
Read More...
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Adam Davidson
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