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It's easy to believe that Citibank is a tottering tower whose collapse would endanger us all in the canyons below. However, keeping a financial corpse walking further endangers every other financial institution.
When Citi is declared too big to fail, it becomes a more attractive bank to do More...
The newest push-on-a-string plan from Treasury Secretary Paulson is to force more federal money into consumer credit. The idea is that we can then max out our credit cards to new limits, buy houses and cars with too little down, and finance too much of too-inflated college bills. Presto, sales go More...
My comm prediction #3 is that LTE and WiMAX are toast. The new great thing will be WRANs (wireless regional area networks). WRAN's will extend and eventually subsume WiFi.
The detailed regulations which impl More...
Given current "environmental" legislation, it will be impossible to create a meaningful number of jobs except for engineers and lawyers by next summer no matter how much federal money we allocate to this worthy endeavor. Decades of well-meaning legislation and regulation, a reaction and More...
Tim O'Reilly blogged yesterday on the need for those who supported Obama in the election to stay involved and help the new administration but, more importantly, the country succeed. Those of us who didn't s More...
Marooned on an island; adrift on a ship; locked in a seedy, spooky deserted mansion; lost in a cave – these are all staples of fiction. And these are all descriptions of the times we live in from an entrepreneur or VC point of view.
All the exits are shut. No IPOs for the foreseeable fut More...
"80% of Web users will choose mobile broadband over fixed by 2013" is the headline of a Total Telecom interview with John Cunliffe of Ericsson. I agree with the conclusion although I think Ericsson will More...
Have we been talked into a recession? There's little question that's where the economy is now and it seems to be spiraling deeper by the day as we anxiously cut back on almost everything and, in the process, help make our worst economic fears come true.
Did it have to be this way?
J More...
"Don't hold your breath," says Ted Wallingford in his post replying to my assertion that there won't be any more copper landlines by the end of Obama's first term as President. Ted con More...
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