G. E.’s Strategies Let It Avoid Taxes Altogether

But nobody pays that

David Kocieniewski The New York Times 3/24/2011

A PRESIDENT'S BUSINESS LIAISON In January, President Obama named Jeffrey R. Immelt, General Electric's chief executive, to head the President's Council on Jobs and Competitiveness. "He understands what it takes for America to compete in the global economy," Mr. Obama said. Drew […]

Junk Bond Avalanche Looms for Credit Markets

by Nelson D. Schwartz The New York Times 3/15/2010

When the Mayans envisioned the world coming to an end in 2012 — at least in the Hollywood telling — they didn’t count junk bonds among the perils that would lead to worldwide disaster.

Maybe they should have, because 2012 also is the beginning of […]