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« Liberal arts majors, have we got a job for you. Several, actually. | Main | Requiem for a once-great consumer brand. »

04/27/2009

Does the Wendy's mascot look like any redhead you know?

Day 522

They like the product, hate the icon.

Leading indicators

* GM to kill Pontiac, accelerate plant closings and job cuts in Monday morning announcement.

* Magna may end up vying with Fiat for stake in Opel, GM's struggling German automaker.

Pontiac 1957  Opel logo

* Bank of Canada still confident of Canadian economic recovery beginning 4Q 09.

* Surprisingly brisk market for unbuilt multimillion-dollar Toronto condos.

Analysis and commentary

* Robert Reich: Rescuing the banks should take a back seat to still more government stimulus spending.

* New York Times: Laid-off Wall Street dads adjusting to new role as Mr. Mom.

* Der Spiegel: Icelandic women, blaming men for nation's economic collapse, ready to take political power.


Note: For the purposes of this blog, the inception of the Great Recession in the U.S., the epicentre of the crisis, is taken as the start date for the global slump. The U.S. has been in recession since December 2007.

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David Olive's
Everybody's Business

  • Commentary on business, politics and culture

    David Olive is a business and current affairs columnist at the Star, which he joined in 2001 after stints at the Globe and Mail, National Post and Financial Post.

    "If all economists were laid end to end, they would not reach a conclusion."
    - George Bernard Shaw

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