Contributors
Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – The Bank of Northern Michigan
SVP of Shared Services - LMFC
Senior Vice President, Traverse City Market Manager

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

Why is unemployment so high?  Ask the penny pinching consumer.  The decades long consumer spending spree in this country has left few opportunities for real consumer spending growth and this affects our ability to add much needed jobs. 

Read "We're Spent" from The New York Times.

Alan Mulally, CEO of Ford Motor Company, was just named CEO of the Year.  The linked interview below provides a summary of this view of the future of the car business and Ford Motor Company.

Read "CEO of the Year Alan Mulally: The Road Ahead" from Chief Executive Magazine.

Production of most paper cash fell markedly last year, as credit cards remained entrenched and paper bills were lasting much longer.

Read "As Plastic Reigns, the Treasury Slows Its Printing Presses" from The New York Times.

Bill Gross is a widely followed bond expert and manager who recently sold his entire portfolio of United States Treasury bonds.  In fact, he shorted them.  Find out why in this clear article.

Read "The Vigilante" from The Atlantic.

 

 

 

 

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