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How Accurate Is Our Perception of Union Power?

I linked to this article the other day entitled Why isn’t Detroit a Paradise? but with the auto manufacturers sitting on the doorstep of Congress begging for money, I wanted to follow up with a few thoughts. The article is a short anti-union piece. The article and...

Fact-Checking the Auto Industry

I’m not really sure what to say about the whole GM/auto industry mess. I’m working on some thoughts but I’m not sure it’ll amount to much. In the mean time, I thought I’d post a few random thoughts and facts. Some things to help you frame...

Does Chapter 11 Bankruptcy Work?

Name One Successful Chapter 11 Case About five years into my practice as a bankruptcy lawyer I got into an interesting discussion with my colleagues. The subject? Name one case that you’ve been involved with where the chapter 11 process had resulted in a...

Top Business Books of 2008

For those of you that like the feel of pulped wood in your hands, a list of some of the most recommended business books of 2008. The Snowball: Warren Buffett and the Business of Life A Sense of Urgency The Brand Bubble: The Looming Crisis in Brand Value and How to...

Philip Armour, Packing Houses and Globalization

Below is an interview with Philip Armour that ran in the New York Times on October 13, 1882 on the future of the “Dressed Beef” business. Prior to Armour and refrigerated rail cars, beef was raised and killed locally. The interview addresses why he...