Recently, the government’s Pay Czar, Kenneth Feinberg, “suggested” that outgoing Bank of America (BAC) CEO Ken Lewis should take home $0 in salary for 2009, and receive a bonus of e

Frank Stronach, chairman and founder of Magna International (MGA), launched his empire by making 300,000 sun visor brackets for General Motors. The rest, as they say, is history.Nine years after the

1. The Economic Crisis Takes a Virulent TurnThe word credit comes from the Latin "credere" which means "to believe, or to trust." That's really all you need to know about the mode

George Soros discusses an entirely different crossroads. I've been too cautious the last few months and I own that. I'm usually early, however, and while I certainly see both sides, my sen

I've been talking about the Job-Loss Recovery for quite some time. (Click here to see recent examples of my discussion, and check out Professor Megan Barnett's explanation in The Decoder: Jobless Rec

Any old-time newspaper editor will tell you that local news is important to local readers.Therefore, a dog fight on Main Street is more important to Mr. and Mrs. Jones than a drought in Timbuktu that

In California, they boast that happy cows make happy milk. In Vermont, it seems that hippie cows make happy milk, or at least some damn good ice cream.Thirty-two years ago, lifelong friends Ben Coh

The Star Tribune in Minneapolis is hoping die-hard local football fans will help it bounce back from bankruptcy. If you want the inside scoop on the Minnesota Vikings, it will cost you $5.95 for

Editor's note: The following is a free issue of The Lavery Insight economic newsletter by Jack Lavery. Sign up for a free two-week trial.Prospects for global economic recovery very much benefit

The following real-time exchange took place between Minyan Stephen and I. We share it for the benefit of ye faithful should anyone have similar questions about trading approach or risk management. Hi