Business Publication Assignment #1

Forbes- “Bad Economy, Better Movies”
http://www.forbes.com/2009/11/06/hollywood-film-funding-business-entertainment-movies.html

I thought this article was very interesting because it addressed something I've thought a lot about in the past few years, “Where on Earth do these terrible movies get multi-million dollar funding?” The article describes how Wall Street and several different sectors of the business world poured money into the bulging movie business in order to compete to lend. However, since the economy has been doing poorly, lending has curbed and money is loaned to the projects that actually can and hopefully will produce quality films. While I obviously don't think a suffering economy is a good thing, I certainly do think that it's great that the films that are being produced are much less likely to be the rubbish of the past because the companies producing them actually have to fight for funding. So at least one part of the recession we can appreciate is better movies!


The Economist- “Less Welcome: Are populist politicians turning on foreign capital?”
http://www.economist.com/businessfinance/displayStory.cfm?story_id=14807099

I immediately chose this article because not only did I fall in love with Hungary when I visited, but my favorite class in high school was Russian History, in which we studied the rebuilding of the business and political sectors of former Soviet republics in depth. What I found most interesting about the article was the too familiar distaste for foreign capitalism on the rise in Hungary today. While I agree that Hungary's business sector shouldn't be run by only foreign companies, the possibility of one such company being able to create nine hundred jobs is too important to let nationalist politics get in the way of. This article intrigued me because I didn't realize that such disdain for foreign capitalism was so rampant still in Central Europe.


The Denver Post- “Denver to lost 200 Frontier jobs to Milwaukee”
http://www.denverpost.com/business/ci_13759037

This article interested me because of the fact that a merger between companies and one free hangar available in Milwaukee could change so many people's lives and significantly alter the public's views of political leaders' determination to keep and create jobs in Denver and Colorado as a whole. I enjoyed how the author first went over the package that Denver leaders put together and their reaction to the Milwaukee decision, and then addressed the opposition, which claimed the politicians didn't care enough to keep those jobs in Colorado. While their opinions obviously should be noted, one can't disagree with what Tom Clark said, “No matter how good a bargain is, free is free.” I think it's interesting and slightly ridiculous that a city has to propose so many incentives, monetary or not, in order to keep two hundred jobs.