Italy saw borrowing costs tick up as it auctioned 5.25 billion euros in debt Monday. Still, Italian yields were well below those of Spain, which also raised money by selling bonds.
Even though Enron as a company no longer exists, there are certain lessons and anecdotes in Enron: The Smartest Guys in the Room that everyone should see. The epitome of greed, the courage to stand against it, and the cheesy-yet-true revelation that you can never judge a book, or a major corporation, by its cover.
As the economy begins to slowly piece itself back together after the Great Recession, many are still wondering how it all happened. What went wrong? How could this have been prevented? Nobel Prize-winning economist Joseph Stiglitz tackles those questions and more in his analytic book “Freefall: America, Free Markets, and the Sinking of the World Economy.”
Source: The National Portal of India
Three groups of countries are in the race to get out of the global recession: European countries like Greek and Spain are left behind, still fighting with their debt crisis. The United States, Canada and Australia are recovering and moving in the right direction. And emerging economies like India and China [...]