Category Archives: Leslie Pratch and Pamela Mearsheimer on the Economy

2009: The Year of Living Furiously … and a Few Predictions for 2010

Edited by Leslie Pratch; written by Pamela Mearsheimer Business Week gives an end of the year recap of 2009. They start by asking, was it a good year or a bad year? Well…By most counts better than the disaster otherwise known as 2008, but nothing like the good times of 1999.  The S&P went up [...]

Kohlberg, Kravis and Roberts: Can the buyout kings at KKR learn to be like Buffet?

Edited by Leslie Pratch; written by Pamela Mearsheimer This week Emily Thornton of Business Week reports on the new activity at KKR. You may remember them from a long time ago. For those of us who were reading the business news back in the 80s, we all remember the leveraged buyout of RJR Nabisco. That [...]

Steve Jobs: CEO of the Decade

Edited by Leslie Pratch; written by Pamela Mearsheimer Fortune’s cover story this week is Steve Jobs: how he defied the downturn, cheated death and changed our world. There is so much to say, Fortune has nine articles about him. Everything else in the issue is minor. Where do I start? Fortune points out for many [...]

The Comercial Real Estate Bust – “Extend and Pretend”

Edited by Leslie Pratch; written by Pamela Mearsheimer Business Week’s cover story this week is “Why the Commercial Real Estate Bust Looks So Scary.” Goldman Sachs has been receiving a lot of attention recently for its big profits and mammoth bonuses – don’t you wish you were on the receiving end of one? Some of [...]

Animal Spirits – Akerlof and Shiller

Edited by Leslie Pratch; written by Pamela Mearsheimer I read a great book, Animal Spirits, by George Akerlof and Robert Shiller. This is a sample of what I learned. Robert Shiller specializes in behavioral finance, real estate and risk management topics. He was an early challenger of the Efficient Markets Theory. George Akerlof wrote the [...]