The Great Debate

from Rolfe Winkler:

Buffett’s Betrayal

August 4, 2009

When I was 14, Warren Buffett wrote me a letter.

It was a response to one I'd sent him, pitching an investment idea.  For a kid interested in learning stocks, Buffett was a great role model.  His investing style -- diligent security analysis, finding competent management, patience -- was immediately appealing.

from Commentaries:

Failing upwards at BofA

June 5, 2009

goldsteinThe ouster of Bank of America's chief risk officer, Amy Woods Brinkley, should not cause anyone to shed any tears.

California, harbinger of hard U.S. choices

May 27, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

California’s fiscal train wreck should be watched warily by investors in U.S. Treasuries; as the start of a trend among states seeking bailouts, as a source of pressure on Federal funds and as a harbinger of hard choices at national level.

Transfusions don’t stop the bleeding

March 23, 2009


– Louis E. Lataif is dean of the Boston University School of Management and a former Ford executive. The views expressed are his own. —

As Big Brother steps up, time for credit

By J Saft
January 21, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Want to do well out of the rolling and ever expanding bailouts? Hold your nose, buy corporate credit and try not to read any news for the next five years.

Revival of U.S. automaking awaits if UAW will follow Toyota

January 14, 2009

morici– Peter Morici is a professor at the University of Maryland School of Business and former chief economist at the U.S. International Trade Commission. The views expressed are his own. –

from MediaFile:

Tax breaks (not bailouts) for newspapers

January 2, 2009

I ran a story on New Year's Eve about the opportunities and perils that could face struggling newspapers if they end up surviving because of government help. I opened the story with the tale of Connecticut state lawmakers and a state commissioner who are trying to find someone to buy two Journal Register-owned dailies and several weeklies that are going to be shut down in January if they can't be saved. From there, I explored the ramifications of government aid to newspapers.

from Ask...:

Lining up for a bailout

January 2, 2009

The auto industry's Christmas present from the government -- in the form of a $1 billion loan to General Motors and a $5 billion stake in GMAC -- may have left other industries hoping that the giving season isn't over yet.

Slouching towards nationalization

By J Saft
November 26, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

The Citigroup bailout is sure to succeed, but only if you count avoiding making unpleasant but needed decisions as success.

Don’t junk the U.S. auto industry

November 19, 2008

eugene-ludwigMr. Ludwig, a former U.S. Comptroller of the Currency, is founder and CEO of  consulting firm Promontory Financial Group. Any opinions are his own; GMAC Financial Services is one of Promontory’s clients.

The economic upheaval wreaking havoc on the global financial system is threatening to claim another victim: the domestic automobile industry and its financing arms.