Whether a company lasts for the long term or not depends on how top executives manage it every day: From Chief Executive magazine: The Secrets of Corporate Longevity In an age when Microsoft can pile up tens of billions in cash in a little more than two decades, one might well argue that firms should […]…
About: William Holstein
Author Archives: William Holstein
What To Do About U.S. Companies Fleeing America
16 July 2014 – There’s a controversy over the number of U.S. companies that are merging with foreign entities and declaring that they are no longer U.S. companies for purposes of U.S. taxation. This is an old story I have been following for four decades. I first interviewed Dow Chemical CEO Carl Gerstacker in 1974. […]…
The Intellectual Bankruptcy of Larry Summers
July 8, 2014–This is one of the most influential minds in the economics profession, writing in today’s Wall Street Journal. Yet Summers, the former secretary of the Treasury and a professor at Harvard, does not accept that manufacturing has a major role to play in America’s future. He says its decline is “inexorable.” Every other […]…
The Real Reason the Export-Import Bank Should Be Scrapped
June 23, 2014–It’s been amusing watching the internecine warfare inside the Republican Party about the Export-Import Bank. The people who have tended to benefit from this bank’s loans have been CEOs in charge of large companies such as Boeing, Caterpiller and General Electric, who tend to support Republican causes. Now here come the Tea Party […]…
Automotive News Quotes Me Again on GM
Poised Barra carries GM’s image on her shoulders As seen in Automotive News | April 1, 2014 by Lindsay Chappell More than one expert observer of Tuesday’s congressional examination noted that GM CEO Mary Barra received a more congenial interrogation than either of the Toyota executives who were called to Capitol Hill in 2010 over safety issues. As she […]…