Intersecting Minds: Education, Business and Technology at the North Carolina State Jenkins Graduate School of Management

Monday Morning Quick Hits | February 16, 2009

Obama will sign the stimulus bill into law on Tuesday. The final package came in at $787b.

Round 2 of government intervention is set to unfold over the next several weeks. Treasury Secretary Tim Geithner is already under pressure from the G-7 to move forward with a rescue plan for the banking industry.

There is no doubt that the recession is global in nature. Europe’s economy receded 1.6% in Q4 of 2008 compared to a 1.0% decline for the United States. Now, Secretary of State Hillary Clinton is pushing East Asia to take action on their financial system. The Wall Street Journal is reporting that the Japanese economy is in serious trouble.

Obama will also create a “task force” to deal with the auto industry rather than name a “car czar.”

MBA Highway, a new website focused on MBA jobs and internship opportunities, launched this weekend.


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