Is Bitcoin the New Lehman Brothers?
There was a useful Op-Ed in the New York Times that we should all take to heart. In “The Economy is Partying Like It’s 2008,” Desmond Lachman, a resident fellow at the American Enterprise Institute, a former deputy director in the International Monetary Fund’s policy development department and a former economic strategist at Salomon Smith […]
Disregarding BRP is like being long on subprime CDOs
Now and then. If you, as a developer and vendor of products, create a new product that has the promise of value for your customer you’re onto something. Say going back a few years starting up Facebook or creating the…
What Will CIT’s Bankruptcy Mean for the Retail Supply Chain? (Part 1)
Over the weekend, CIT Group, a large specialty lender / factor, filed for for Chapter 11 bankruptcy protection. According to the Times Online, “The collapse of the 101-year-old Utah-based lender, which trails behind only those of Lehman Brothers, Was…
