It’s tough at the top…….

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It’s easy to take pot shots at the boss, and everyone of course feels they have been underpromoted and could do the job better themselves. Andrew Liveris is just the latest in a long line of CEOs to experience both …

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Chem engineers back with avengeance

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At the moment, a shell-shocked chemicals industry is still recovering from the impact of destocking following the huge inventory write downs in Q4.

The next step will be to measure the state of genuine, end-user demand and how this compares …

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The dead cat has bounced. Now what?

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OK, this blog is supposed to focus on the long term, but in line with just about everybody else, all I can think about is the immediate and my collapsing share portfolio and the value of my home.

As a …

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The demise of private equity

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I am reading Charles R Morris’s The Triillion Dollar Meltdown at the moment, having also recently cheered myself up with Paul Krugman’s update of his classic, The Return Of Depression Economics.

As the private equity model implodes, Morris’s following words …

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Any spare change, Mister?

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It’s all about hoarding cash over the next few years, but survival might not even be possible for even the best managed of companies if Martin Wolf’s worst-case scenario comes true. The Financial Times columnist writes of the unravelling of …

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It’s fun to be miserable….

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To quote Woody Allen, “More than any time in history mankind faces a crossroads. One path leads to despair and utter hopelessness, the other to total extinction. Let us pray that we have the wisdom to choose correctly.”

It’s refreshing …

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As this is the season of goodwill…..

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…why not forgive debts as Nail Ferguson suggested in his article in the Financial Times last Friday.

His suggestion about giving those in mortgage arrears a break by converting their loans to longer term durations with fixed interest rates is …

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“Now, I have this great idea”….

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As if you needed to reminded, be aware of the conmen who might try and sell you something you don’t need in 2009 as everyone tries to find a way through the crisis.

There could be more contradictory methods to …

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The new frugal and greener consumer

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Trendwatching.com, an Amsterdam-based consumer trends analysing service, has included something called Econcierge in its outlook for 2009.

This involves a new breed of less conspicuous consumers, straitened by the credit crisis or maybe feeling guilty for the wallops of cash …

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Will the US dinosaurs ever learn?

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The dinosaurs are back……

The new “green team” appointed by president-elect Barack Obama might, after all, turn out to be a dream team for the US chemicals industry. This is despite what some of the old disonaurs within the industry …

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