What’s so insidious about the Fed’s bailouts of investors in hedge funds, mortgage-REITS, stocks, bonds, leveraged loans, and other often risky assets? The destruction of capitalism.
The 20 industries with biggest job losses & the 20 with biggest gains. The unemployment rate would have been 16% if people had responded correctly, said the BLS; that would be 25.3 million unemployed. Abysmal.
I asked top executives from three tech companies—with a hundred employees, with a thousand, and with many thousands—where they would put their next offices.
