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SAN LUIS OBISPO, Calif. (MarketWatch) — Nobody wants to hear the truth. Not Big Oil. Not Big Ag. Not Wall Street. Not the Super Rich. Not China’s billionaires. Not Washington insiders on the take. They do not want to hear the relentless warnings of a Cassandra Chicken Little Crying Wolf about the “End of the World as We Know It.”
Forget the truth. In their minds all that matters is that they’re getting more powerful and richer and richer.
Welcome to the new food economics of 2011: Prices are climbing, but the impact is not being felt equally at all. For Americans, who spen
In order, from least despised to purely despicable, were J.P. Morgan Chase & Co. , Bank of America Corp. , Citigroup Inc. , Goldman Sachs Group Inc. and, America, your most despised institution: American International Group Inc.
If Osama bin Laden ran a company, he couldn’t crack the list.
The problem, of course, is that for all the surveys in which a variety of Wall Street institutions finish last there is a a common thread: none of the companies seem to care.