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  • US auto sales collapse in June

    'Collapse' is not a word that should be used lightly in business. But there is no other way to describe June's US auto sales figures: GM reported June sales down 15% Toyota were down 12% Ford were down 28% Chrysler were down 36% These declines came in spite of the fact that 130 million households...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-03-2008
  • Father Christmas didn't visit last month

    Yesterday's action in financial markets reminded me of the Bird/Fortune video (noted here in December), where they took a satirical look at the causes of the sub-prime debacle. Specifically, the question in the interview where Fortune describes Bird as a 'sophisticated investment banker, with...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-04-2008
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