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Career and Money Advice At The Intersection Of Business And Technology

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Entries Tagged as 'Beat Recession'

Nouriel Roubini should be the deputy secretary of treasury

March 9th, 2009 · 2 Comments

According to this report , "US Treasury Secretary Timothy Geithner is practically alone on the job, working night and day to cope with the worst economic downturn in decades. Unemployment figures which revealed Friday that 651,000 jobs were lost in February, showed the recession is running ever deeper, but Geithner, who started work in late […]

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Tags: Beat Recession

Cash, gold and gun?

March 5th, 2009 · 5 Comments

Where should we put our money? All banks in the US are in deep trouble. Citi Bank’s stock is below $1 now. JP Morgan Chase and BOA are in pretty bad shape – their balance sheets are in much worse shape that what their CEOs have been saying. Well Fargo is not much better. Bank […]

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Tags: 401K and Money Market · Beat Recession

How to find out if you can benefit directly from Federal Government’s foreclosure program?

March 4th, 2009 · No Comments

The Obama administration today released guidelines of its massive foreclosure prevention program and it includes a refinancing program for homeowners with little equity in their homes and a loan modification effort for borrowers at risk of losing their homes. Washington Post web site has a calculator that will estimate if you’ll be eligible for this […]

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Tags: Beat Recession · Real Estate Concerns

Real Estate Options 101 – For the Unemployed

March 4th, 2009 · 4 Comments

Today, it’s my pleasure to introduce a fellow reader and guest blogger to you. Jane Wolfla is a Licenced Realtor in in Westfield, NJ. Jane made a very interesting comment on this blog a few days ago: “I was laid off from my 6 figure job in NYC in Oct 09 and with my severance […]

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Tags: Beat Recession · Real Estate Concerns

What job applicants can learn from a group of church planters

March 3rd, 2009 · No Comments

Several years ago, I met a group of church planters. They all came from a church in Southern Illinois. The pastor at the church had a calling to plant a new church in the Pacific Northwest. He asked his church members to join him if they felt they received the call. More than fifty people […]

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Tags: Beat Recession · Recruiting & Job Hunting

Is your paycheck correct?

February 27th, 2009 · 3 Comments

When you receive your paycheck each time, do you check and make sure it’s correct? I know some folks who never bothers to check — their paychecks are automatically deposited into their bank accounts. But, let me tell you that I have run into all sorts of payroll errors throughout my career: Travel expenses were […]

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Tags: Beat Recession · Tools & Tips

The Hot Dog Guy

February 23rd, 2009 · 3 Comments

I work at a 4-building office complex. One thing most of us look forward to every Wed is the hot dog stand – a guy will show up at 11:30AM and sell Hot Dog plus a soda and a bag of chip for $5. Although there are nice restaurants and fast food places within walking […]

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Tags: Beat Recession · Product Management · Start-up Success

How much did Dow drop during Great Depression?

February 20th, 2009 · No Comments

The Dow is below 7,400 as I’m writing this post (9:47AM, Friday, 2/20/2009). It’s down 47% from it’s all-time high. Are we near the bottom? Probably not. Just to add a little bit of historical perspective — the Dow dropped from a top of 381.17 before the crash in 1929 to a low of 41.22 […]

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Tags: Beat Recession

Depression 2.0 Survival Guide — February, 2009 Edition

February 18th, 2009 · 3 Comments

In this Issue State of Job Market from recruiter’s perspective Laid-off Microsoft employees spoke up! — Results of GeekMBA360.com Layoff Satisfaction Survey Job Search Strategies & Tips in a difficult economic environment How to develop your career during recession and protect yourself Feel depressed, confused, frustrated, and purposeless? — Inspirations and Tools! Industry/company analysis Maintain […]

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Tags: Beat Recession

GM asks for another $18 billion bail-out money and plans to lay off 47,000

February 17th, 2009 · No Comments

This is unbelievable. General Motors on Tuesday said it could need up to $30 billion from the Treasury Department to keep operating. Included in that amount is $13.4 billion the company has already received. Previously, GM had said it could need as much as $18 billion. – Source: Yahoo Finance GM’s survival plan also calls […]

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Tags: Beat Recession