Pasadena Chamber of Commerce

In the interest of the greater Pasadena Business Community

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Entries from March 2nd, 2009

What's at stake… really?

March 2nd, 2009 · No Comments · News and Information, Opinion, Uncategorized

It used to be that each town and city was an independent economy. Apart and relatively self sufficient, towns in South Dakota, northern Maine and Southern California could depend on themselves for food, essential services and survival. Today we live in a global economy. Our success can be dependent on an investor a continent away. [...]

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Stock market continues its downward slide will anything work?

March 2nd, 2009 · No Comments · News and Information, Uncategorized

News from Wall Street isn’t good. Dow Falls Below 6,800 in Lowest Close Since 1997 By FLOYD NORRIS Published: March 1, 2009 Fears that the world’s economies are even weaker than had been thought ricocheted around the globe on Monday as investors from Hong Kong to London to New York bailed out of stocks. Losses [...]

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