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Assurances that former eBay CEO Meg Whitman gave Craigslist's officials before eBay bought into the online classifieds company were never put in writing, the founder of Craigslist acknowledged Friday. ...more
December 12, 2009
The next president's choice of a treasury secretary may well be the most important appointment he'll make - someone to grab the reins of a trillion-dollar-plus program to shore up the world's largest economy, probably in the middle of a severe recession, and at the right hand of a chief executive who'll be a rookie himself. ...more
October 20, 2008
The charge has been made that the election of Senator Obama would result in a redistribution of wealth in this country. In my opinion we have just witnessed the greatest redistribution of wealth, all to the top, since the beginning of the 20th century and with the same result. We are now in a full-blown recession with the distinct possibility of descending into a depression. With the economy in the worst condition since 1930, take a good look at the advisors the presidential candidates have chosen. In the case of Senator McCain, his top economic advisor is Doug Holz Eakins. Mr. Eakins served as chief economist for President George W. Bush. The stated purpose of the tax cuts passed by the Bush administration was to create jobs. Unfortunately for us, most of the jobs were created in China, India, Mexico and not here in the United States. This is the policy that Senator McCain wants to extend. I find it hard for Mr. McCain to distance himself from President Bush's failed policy when he is listening to the same people extolling the same ideas. ...more
October 18, 2008
News that eBay chief executive Meg Whitman may retire comes as the online auctioneer faces slowing growth and disappointing returns from its $2.6 billion gamble on the Internet phone service Skype. ...more
January 23, 2008
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