Having had their hides saved by the Democratic party, it might be suggested that bailed-out firms might try to pat their backs in return in future elections. source
However, largely out of fear of further hurting their public image, many bailed-out firms are staying away from a Democratic fundraiser near Wall Street. source
A survey of 44 professional forecasters found that 80% of those researchers thought the “Great Recession,” the worst since the 1930s, was receding. The National Association of Business Economists conducted the survey. Our question: Instead of asking a bunch of economists, let’s ask you jerks. Unless there’s economists that read ShortFormBlog. Then you can’t vote. You might skew things. (Sorry.)source
The worst is behind us. We’re clearly seeing aspects of recovery, not just in the U.S. but also Europe.
Google CEO Eric Schmidt • Speaking to room full of journalists about the state of his company. He says that his company has started to hire again in anticipation of a major rebound. Big question: Will newspapers recover along with Google? • source