Adam Schwab
Adam Schwab is a commentator, business director, and the co-founder of LuxuryEscapes.com. He is also the author of Pigs at the Trough: Lessons from Australia’s Decade of Corporate Greed.
Goldman would be crazy to not make as much hay as it can while the sun continues to shine. And by "making hay", we mean "paying its very smart employees billions of dollars to take calculated risks with shareholder and taxpayer money".
The catastrophic failure of record label EMI once again proves that many of the feted masters of the universe are mostly show and very little substance.
Why are seemingly rational people paying so much more for property than they did even as recently at 10 years ago? They fall for the "property lie": the myth that property "never falls in value" and will be "more expensive next year".
Despite the claims of self-interested private equiteers and their hired help, the ATO’s decision to tax TPG’s billion-dollar Myer windfall was the right one.
Investment bankers can aid economy growth, but it's difficult to determine any real value that the average banker provides to society. Especially in comparison to their rampant pay packets.
Notwithstanding Air Asia’s boasts, and its recent 85% "on-time" performance level, potential customers should be aware that AirAsia X has no Australian office.
The housing bubble continues to inflate in earnest, as the last major weekend of the auction season delivered a spate of booming prices. Can it continue?
While much of what Barnaby Joyce says is not worth taking much notice of, last week was one of the few instances where he made a valuable contribution to debate: however unlikely, the US may default on its debt.
In that sense the Fed has not failed at all in recent years. Its decisions have been for the benefit of its ultimate masters -- US commercial banks; not the US taxpayers. They just pay the bills.
The conflicts still prevalent in Australia’s system of financial planning are substantial, but not quite as bad as the German pensioners kidnapping their financial planner.
