Blog

Author:
Jafer Hasnain
Posted:
12.29.2009

Lou Dobbs Is Wrong: America’s Melting Pot a Job Creation Engine

Lou Dobbs’ resignation from CNN after 27 years  has led to speculation about his future plans — whether in politics or a possible move to Fox News.  Dobbs, known for his controversial opinions on immigration, went so far as to question the validity of Barack Obama’s Hawaiian birth certificate and suggested that the president was […]

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Author:
Jafer Hasnain
Posted:
11.30.2009

Fannie Mae Program Seeks to Keep Families in Their Homes Rather than Foreclose

Homeowners facing foreclosure will soon be able to rent their homes from the government controlled Fannie Mae. Called Deed to LeaseTM,  the program lets homeowners transfer ownership of their home to Fannie Mae. They then sign a one-year lease, with the option of month-to-month extensions available.  Fannie Mae will try to sell the homes during […]

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Author:
Jacob Cherian
Posted:
11.16.2009

A Rebound in Offshore Activity Signals India’s Recovery

A report by India’s Economic Times indicates that up to 11 multinational firms including Wells Fargo, Standard Chartered and Ingersoll Rand set up back office facilities in India during the 3rd quarter of 2009. A research firm, Everest Group, says this bodes well for the overall business momentum in India picking up in 2010.  Two […]

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Author:
Jacob Cherian
Posted:
10.01.2009

Downturn in Economy Triggers Outsourcing and Contract Work in India

With U.S. unemployment figures approaching 10 percent, it has affected parts of the tech industry with the chip and system design areas among the most affected (unemployment is 8.6 percent among American software engineers although the overall tech sector is faring better with an unemployment rate under five percent).  In response, it has led seasoned […]

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Author:
Jafer Hasnain
Posted:
09.17.2009

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Jacob Cherian
Posted:
09.08.2009

India Still Lags in Innovation

Much has been made in the world’s press about India’s economy buoyed by its IT sector. And a lot of it is justified.  The nation’s IT sector managed to grow some 20 percent in 2008, according to India’s National Association of Software and Services Companies, and IT firms have already extended 100,000 job offers for […]

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Author:
Mike Rancilio
Posted:
08.27.2009

Michael Alter Joins Investor Group to Purchase The New Republic

We are excited to announce that Michael Alter, president of The Alter Group, is part of an investment team that has purchased The New Republic (TNR).  TNR is one of the nation’s oldest political and cultural magazines.  The Obama administration has chosen it as one of the magazines placed on Air Force One, and Chief […]

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Author:
Richard Gould
Posted:
08.05.2009

Chinese Companies Face Branding Dilemma

Over the last 30 years, China has become the world’s factory floor, offering a massive and highly mobile workforce, fast turnarounds and low production costs.  The “Made in China” label can be found on virtually any product sold across the globe, from shoes and clothing to power plant components and process control systems.  Even products […]

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Author:
Chris Manheim
Posted:
07.15.2009

Economic Development: Packaging A Loan in Today’s Market

Economic development organizations are stepping in to help plug the credit hole.  We all know what the economy is like today, and it is unlikely that the industrial and commercial real estate markets will soon turn around. As an economic developer, I see another side of the economy where both communities and businesses are seeking […]

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Author:
Tony Wilbert
Posted:
07.06.2009

Commercial Real Estate Still Troubled

Don’t look for the country’s commercial real estate market to improve any time soon.  In fact, expect it to continue to get worse for the next year or so.  That was the conclusion from a panel at the National Association of Real Estate Editors journalism conference in Washington, D.C., that addressed the question:  “Commercial Real […]

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