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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (584963)	9/10/2010 2:21:57 PM
From: bentway	Respond to of 1578015

To: Tenchusatsu who wrote (584963)	9/11/2010 11:25:36 PM
From: FJB	1 Recommendation Respond to of 1578015

EXCLUSIVE: Outlook Gloomy at Secret Billionaire Meeting Published: Friday, 10 Sep 2010 \| 2:02 PM ET By: John Melloy For 25 years, legendary Wall Street strategist Byron Wien, now with The Blackstone Group, has held summer meetings with high net worth individuals to get their outlook on the global economy and investing. This year’s group, totaling fifty individuals and including more than 10 billionaires, was decidedly pessimistic on the U.S. economy, investment opportunities and the Obama administration. “They saw the United States in a long-term slow growth environment with the near-term risk of recession quite real,” said Wien, in a commentary to Blackstone clients. “The Obama administration was viewed as hostile to business and that discouraged both hiring and investment. Companies and entrepreneurs were reluctant to add workers because they didn’t know what their healthcare costs or taxes were going to be.” Continues... cnbc.com