Posts Tagged ‘Financial Crisis’

NATO needs to cut fat, not muscle: Rasmussen

Thursday, June 10th, 2010
The financial crisis has put huge pressure on the defense spending of NATO allies, but there is shared understanding of the need to cut fat and not muscle from military budgets, NATO's head said on Thursday.

Bank shareholders flex their muscle

Saturday, May 22nd, 2010
Bank shareholders, emboldened by the financial crisis and the havoc it's wrought on their holdings, are giving sizable support to a number of proposals to make management more accountable.

Economics and Physics

Sunday, October 25th, 2009
Nathaniel Gronewald reports on a somewhat esoteric controversy : The financial crisis and subsequent global recession have led to much soul-searching among economists, the vast majority of whom never saw it coming. But were their assumptions and models wrong only because of minor errors or because today’s dominant economic thinking violates the laws of physics ? A small but growing group of academics believe the latter is true, and they are out to prove it. These thinkers say that the ne