Wednesday, January 28, 2009

[1]

The Federal Open Market Committee meets on Wednesday. As jobs bleed all over the country, there’s not a lot more the Fed’s interest-rate-setting body can do; the target rate can’t go any lower.

[2]

Efficient, enlightened incrementalism; technocratic implementation! The World Economic Forum remains a convening point for the powerful and the power-hungry, and features all kinds of useful discussions on how to make the world a better place—within certain parameters. Its big annual gabfest begins in Davos, Switzerland, on Wednesday.

[3]

But for a more revolutionary take, consider the World Social Forum in the Amazon community of Bélem do Pará, Brazil, which brings together up to 100,000 activists. The forum continues with its second day on Wednesday.

[4]

Earnings season is upon us. Among those companies issuing their quarterly reports are AirTran, Allstate, AT&T, Ameriprise … you get the picture. Watch also for Boeing, Boston Scientific, ConocoPhillips, New York Times Co., Starbucks, Tyco, Wells Fargo. Apparently, none of these companies’ CEOs will be gracing Davos, nor, we expect, the World Social Forum.

[5]

Even Sarbanes-Oxley wasn’t a short enough leash to avert the financial crisis. What hoops will SEC-regulated companies have to jump through next? The Securities Regulation Institute meets to hear the news in Coronado, Calif., starting Wednesday.

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