Jon Corzine on Opportunities For Private Equity

Corzine: I think that sorting through the challenged companies who have preserved their liquidity and will allow them to get through this rough patch that we have in the current economy and have good business positions for offering things that people need, you know. I think buying real estate or companies that are owners of quality real estate portfolios right now is a sensible thing to do. You’re going to buy them a lot cheaper than you would’ve brought them a year ago or two years go or four years ago. Same for some of the companies that are in the alternative energy space. Finding companies that have strong balance sheets, good market position, and it create real values. So private equity companies, I think, have number of opportunities. Here in New Jersey, the biotech industry is an enormous opportunity for well-positioned companies and for private equity investors to put capital to work and look for the long-term benefit that will come from a rising economy, a greater commitment to basic research, basic commitment to science that, I think, we have not put enough money in a society.

Gov. Jon Corzine talks about the positive side to a recession.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

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Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

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Brain study finds circuits that may help you keep your cool

Research by neuroscientists at MIT's Picower Institute for Learning and Memory helps explain how the brain regulates arousal.

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Mind & Brain

MIT News

The big day has come: You are taking your road test to get your driver's license. As you start your mom's car with a stern-faced evaluator in the passenger seat, you know you'll need to be alert but not so excited that you make mistakes. Even if you are simultaneously sleep-deprived and full of nervous energy, you need your brain to moderate your level of arousal so that you do your best.

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34 years ago, a KGB defector chillingly predicted modern America

A disturbing interview given by a KGB defector in 1984 describes America of today and outlines four stages of mass brainwashing used by the KGB.

Politics & Current Affairs
  • Bezmenov described this process as "a great brainwashing" which has four basic stages.
  • The first stage is called "demoralization" which takes from 15 to 20 years to achieve.
  • According to the former KGB agent, that is the minimum number of years it takes to re-educate one generation of students that is normally exposed to the ideology of its country.
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How pharmaceutical companies game the patent system

When these companies compete, in the current system, the people lose.

Politics & Current Affairs
  • When a company reaches the top of the ladder, they typically kick it away so that others cannot climb up on it. The aim? So that another company can't compete.
  • When this phenomenon happens in the pharmaceutical world, companies quickly apply for broad protection of their patents, which can last up to 20 years, and fence off research areas for others. The result of this? They stay at the top of the ladder, at the cost of everyday people benefitting from increased competition.
  • Since companies have worked out how to legally game the system, Amin argues we need to get rid of this "one size fits all" system, which treats product innovation the same as product invention. Companies should still receive an incentive for coming up with new products, he says, but not 20 years if the product is the result of "tweaking" an existing one.