It is not the only oneDirty and the ISIC

Slippery slopes require a conduct appropriate, regardless of the suitability of the vehicle and the driver. All technological innovations, the segmentation models and the creativity of the design could not prevent the Japanese car to be struck in turn by the economic crisis also hit as European and American industry. Reduction of half of the term contracts from Toyota, the judgment of European Honda for fifty days and the removal of 3,500 plants positions by Nissan echo logically similar measures taken by Renault and PSA. But in this race to the "crash test", the world does not share equal on the starting line. In belt-tightening scenario imagined by the stock exchange, operational margins of three Japanese leaders would be divided by two or three in two years to rise from 2.5 to 4 on the exercise completed in March 2010, low waters that will experience the French manufacturers this year! But unfortunately for Renault, Nissan, reaching approximately 60 of its profits to a US market fell in October to its lowest for seventeen years and fighting against the escalation of 15 of the yen against the dollar since late August, will probably not the best horse of the lot on that bet.

Hugs from China

Difficulty can still rise to a property. Dell comes rather well armed to fight the recession coming, but it is not with a particular prescience. If it launched earlier that other the severe actions cost reduction necessary to all today, it is because he was driven by the need. Missing of responsiveness to the shortness of its mail-order model, it had lost its position as world leader in the PC. Since the return of Michael Dell at the controls, in January 2007, he therefore moved in large distribution, was scrapped, delocalized. This allowed him to present Honourable quarterly results. Its profit and sales are retreating slightly but less than what was waiting for the market. By cutting operating expenses by 11, it has managed to improve its gross margin of 1.5, the bringing to 18.8. Investors appreciated the clear choice for the benefit on the growth and above all that it takes. His bet is not to be earned in a hostile environment. Implemented in Asia, he expected much of the stimulus package in Beijing. It is not the only one!

"Dirty and the ISIC.

You do not blow against the wind. Especially when there is a storm. Citigroup proclaim its strength, the distrust of investors calls more effective remedies that fine words or social plans. With its 2,000 billion in assets which has already generated tens of billions of dollars in supplies, losses and recapitalizations, ex-première World Bank still seems too narrow own funds. Hence the fall of his course of scholarship ( 60 in five days), which has not even benefited from the large surge on Wall Street Friday, comforted by the prospect of the boss of the New York Fed become the Minister of Finance of Barack Obama. This rescue Goldsmith who was unable to prevent the collapse of Lehman Brothers know that Citigroup, as AIG in insurance, is too large to take the risk to sink. But if his boss Vikram Pandit persists in its desire to maintain all entities of the group, the solution that will be required is likely to change rapidly so that his successor enters quickly transfers without a State of soul. It is one of the last chances to avoid a new recapitalization, the current would be deleterious for shareholders.