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From Eisenhower To Obama: The Firms Poised To Cash In On The New U.S. Infrastructure Revolution
Source: Money Morning
Pack your bags, folks – "There’s no more Wall Street."
That’s the damning verdict from Alan Greenberg, former CEO of The Bear Stearns Cos.
Speaking on Bloomberg TV’s "Money and Politics" show, Greenberg declared that the existing Wall Street investment-banking model is dead.
I’m not sure about death, but the broader U.S. economy is like a 2:00 A.M. drunk, continuing to stumble towards the end of a mind-altering 2008, with little long-term relief in sight. Will it ever find its way home again?
One of President-elect Barack Obama’s most ambitious and large-scale plans quite literally seeks to dig America out of…
19Dec2008 | Money Morning | 0 comments | Continued
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