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Business Cycle

It’s Not a Pyramid Scheme… It’s the New Entrepreneur Business Model

What’s up with Herbalife? Is it a pyramid scheme, as Hedge fund Manager William Ackman says? Or is it a sustainable, growing business, as hard-core capitalist Carl Icahn believes? And

Business Cycle

Fight the Call for Higher Taxes

Every year at tax time, I’m reminded of my favorite corporate whipping post: General Motors. The company went bankrupt in 2009 after — After! — receiving billions in bailout money.

Business Cycle

The Ideal Business Model

Someone rings the bell at 9:30 a.m. and then gets the hell out of the way. All types of chaos (in trading and prices) erupt from second-to-second, and everyone knows,