Saturday, April 4, 2026 
Magazine Files
Christina Romer, top White House aide, declares Uncertainty is biggest econ risk from flu now. (Reuters)
“A top White House aide said on Thursday that the economic fallout from swine flu would be dictated by the severity of the health problems it causes, but at the moment the biggest threat was uncertainty.”
Derivatives Hit Austrian Railroad With Record Loss (Bloomberg)
“There was a climate that pressured publicly owned companies to look for creative ways to finance themselves,” said Thomas Hofer, the Vienna-based owner of H&P Public Affairs, which advises political campaigns. “They were given the feeling of being financially negligent if they didn’t invest in derivatives.”
Flawed Credit Ratings Reap Profits as Regulators Fail (Bloomberg)
“S&P President Deven Sharma says he knows his firm is taking heat from all sides — and he expects to turn that around.
‘Our company has always operated by the principle that if you do the right thing by the customers and the market, ultimately you’ll succeed,’ Sharma says.”
Peace
If you do the rigt thing by the customer - you are inherently doing the wrong thing to the market.
Comment by Richard — April 30, 2009 @ 9:04 am
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