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Haircut Deficit: Kids Living in Basements a Drag on U.S. Services Spending; Since Recession Ended, Durable Goods +34%, Services +6.3%; What's Next?

MishTalk

From 2008 through this year, the annual rise in the number of households has averaged less than 1 percent. Outstanding automotive loan balances climbed to a record-high $782.9 Another contributor is pent-up demand for replacement of aging household goods such as appliances and furniture. What''s Next?

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Producer Prices, Import/Export Prices Decline Again; Still Think the Fed Will Hike?

MishTalk

percent between September 2008 and September 2009. In contrast, prices for automotive vehicles ticked up 0.1 The index decreased 15.6 percent for the year ended in April, the largest 12-month decline since the index fell 16.7 The price index for nonagricultural exports declined 0.7 percent in April following advances of 0.2-percent

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Back in the Saddle, Just in the Nick of Time

MishTalk

Ally, whose defunct GMAC Mortgage unit was one of the biggest lenders of subprime mortgages in the run-up to the 2008 housing bust, will inch back into direct home loan originations next year, the bank’s Chief Executive Officer Jeffrey Brown said this week at a Goldman Sachs Group Inc. financial conference in New York.

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Alvarez & Marsal Interviews and Culture

Management Consulted

As the 2008 banking crisis ensued, Alvarez & Marsal played a pivotal role in liquidating Lehman Brother’s assets while also servicing many other high-profile clients. Automotive and Suppliers. It was during this period that Bryan Marsal oversaw the wind-down of Arthur Andersen in the post-Enron era of Sarbanes-Oxley. Tax Advisory.

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. Automotive. Marc Gerencser, managing director, noted in 2007 that returning to being a private firm allowed Booz & Company to make long-range investments that they may not have otherwise been able to make. Organization and Change. Industrials.

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Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well. She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground.

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Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?

MishTalk

This was the seventh straight monthly decrease and the largest monthly decline since November 2008. Sales at automotive parts, accessories and tire stores (+2.2%) advanced for the fourth time in five months. Receipts at motor vehicle and parts dealers (-1.4%) decreased for the fourth consecutive month.

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