Hess: $140 Oil was NOT an Aberration – It was a Warning!

Once economic growth recovers, it is likely we will return to the market conditions of 2008. The price of $140 per barrel oil was not an aberration; it was a warning. An oil crisis is coming that could prove devastating to future economic growth. Given the long lead times of 5-to-10 years from oil discovery to production, we need to act now to avert this outcome. Words: 862

See larger image Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization (Hardcover) By (author) Jeff Rubin List Price: $26.00 USD New From: $11.97 In Stock Used from: $7.23 In Stock Release date May 19, 2009.

“A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers” – A Book by MacDonald/Robinson

Readers are introduced to a host of little-known Lehmanites, many of whom vilify the company’s top management, among others. Lehman “was headed directly for the biggest subprime iceberg ever seen,” but unlike the captain of the RMS Titanic, McDonald writes, CEO Dick Fuld and his No. 2, Joe Gregory, didn’t try to swerve. Words: 560

See larger image A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers (Hardcover) By (author) Lawrence G. McDonald, Patrick Robinson List Price: $27.00 USD New From: $13.95 In Stock Used from: $9.72 In Stock Release date July 21, 2009.