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John Cohn

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You Can Bank on It

It’s a love-hate relationship.

We love our banks because they are the chief engine of growth in the economy. Without the banks, we couldn’t buy homes; new cars never would budge from the showroom floor; businesses couldn’t buy the new machines they need to stay competitive; and, as consumers, we wouldn’t be able max out our credit cards to buy the latest and greatest HD flat screen.

Is There a Doctor in the House?

Grab a tourniquet. Put in a central line. Get the rapid infuser. Hang a bag of O-neg.

Okay.

I watched the series finale of ER last night, and I’ve got med-speak on the brain.

We Can See the Bottom from Here

It’s tough to tell the difference between reality and wishful thinking.

A desert wanderer desperate for water will imagine an oasis, only to slake his thirst on mouthfuls of sand. Likewise, battle-weary investors will glom onto any signs that the economy has begun to rebound.

It’s No Joke

A new study suggests that Twitter is the root cause of the current economic malaise. Policy experts predict a Twitter moratorium may be declared for summer as part of an effort to stimulate economic production and reverse GDP declines.

A Corpse That Walks and Talks

Chrysler has been dead since 1975.

The problem is, no one has the heart to tell them.

Lee Iacocca was the hope and the redemption. He brought them back from the brink. But Lee’s been gone 16 years.

The President Got It Right

It finally happened.

One of the dozens of CEOs who have brought the American economy to its knees has gotten a pink slip. The President and his car task force told G.M. that unless CEO Rick Waggoner was shown to the door, the administration would withhold continued aid to the ailing automaker.

Meet the New Boss

When the guy signing your paychecks invites you for a little face-to-face, you do what any employee would do. You drop what you are doing and hop to it.

Such is the case with the CEOs of America’s largest banks.

Why the Stunted Appetite at Yesterday’s Bond Auction?

When you and I want to spend money we don’t have, we use a credit card, we borrow it from a bank – good luck with that – or we do without.

When the government wants to spend money it doesn’t have, it sells bonds.

It’s All in Your Head

He’s there with you at every turn.

He’s standing next you in the check-out line, catching up on the latest gossip about alien babies and Oprah’s epic struggle with doughnuts.

I Want to be a Bank

When I grow up, I want to be a bank.

Lately, banks have gotten more attention than a bikini-clad blonde at a frat party.