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It’s the time of the year to reflect on business and economy; the recent past and what lies ahead. With the challenges of 2008, 2009 and 2010 in the history books, one wonders what 2011 is going to be like. In trying to understand various indicators, I believe the US economy has morphed into a . . . → Read More: Construction Outlook 2011 Unfortunately, any recovery in the construction industry may be deferred until 2012. . . . → Read More: Commercial Construction 2010 Corus Bank, National Association, Chicago, Illinois, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. Corus is one of the largest of the 90 banks to close. this year. The Chicago-based bank made loans to commercial real estate projects nationally. The downturn of the real . . . → Read More: Real Estate – Closure of Corus Bank Chicago Yesterday, Rattan Khosa and I attended the Chicago Booth School of Business’s management conference titled “The Future of Markets.” The conference included a panel discussion, breakout sessions and a special forum. The panel discussion was moderated by Ray Saurez, author and senior correspondent of PBS ‘The NewsHour,’ and the acclaimed panel included Professors Gary Becker, . . . → Read More: Chicago Booth 57th Annual Management Conference 2009 |
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