Gary Eckstein Management 0 AIG, Australia, bear stearns, business, economy, fannie mae, finance, freddie mac, free market economy, general motors, global economic crisis, government, Holden, large corporations, loan defaults, money, Northern Rock, rbs, small business, small business owners, sme
The global economic crisis has resulted in the collapse of numerous large companies. The most prominent of these have been those in the Finance sector (e.g. banks). The banks in particular have become far more risk averse so to minimize adverse risk of loan defaults. Of course this lowering of risk tolerance has had a [...]
Gary Eckstein Management 0 business, Car, car sales, cars, finance, moon sun myung, north korea, profit, pyeonghwa, Seoul, south korea, Sun-myung, trucks
For Pyeonghwa Motors Corp., ‘a joint venture between North Korea and the Unification Church of South Korean Rev. Moon Sun-myung’, business is thriving. The Seoul (South Korea) based headquarters is thrilled to have managed to actually receive its profit. Note here that the thrill of profits appears not to be having made a profit itself [...]
