by Erik Kain on February 1, 2012
Rumors continue to swirl around Facebook’s imminent initial public offering. According to Bloomberg, the social media giant has chosen “to take the lead on its planned initial public offering, four people with knowledge of the matter said.” Facebook will file with regulators today in order to raise an initial $5 billion, though Bloomberg reports that [...]
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by Erik Kain on October 4, 2011
The American economy is stuck in a consumer debt trap. Consumers and businesses, not to mention local and state governments, are still in the dregs of a balance sheet recession. Without increased government spending to mitigate the demand crisis, there’s little chance the economy will jump start on its own. And while there are job-killing [...]
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