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On Solyndra
A few days ago Solyndra, a Bay Area maker of industrial solar panels, announced plans to file for bankruptcy. From the L.A. Times: It wasn’t just a blow for the company’s 1,100 laid-off employees or...
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Christine Lagarde: “There is Still too much Debt in the System”.
From the IMF: There is still too much debt in the system. Uncertainty hovers over sovereigns across the advanced economies, banks in Europe, and households in the United States. Weak growth and weak...
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European Leaders Scrabble For Agreement
From the BBC: The outline of a large and ambitious eurozone rescue plan is taking shape, reports from the International Monetary Fund (IMF) in Washington suggest. It is expected to involve a 50%...
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