by Jorma The Sandusky thing represents a broader aspect of how things work. To wit those at the top of powerful institutions, governmental, corporate, military…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBusinessWeekJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBloombergJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried to…
…labor’s inability to win the recall is more evidence of their inability to reverse their own structural decline. They’re not winning on worksites, as the…
Cheating on the final exam to get an A doesn’t mean you mastered the subject. Yet cheating is all we have in America because sacrifice and adult trade-offs are too painful.
We all know there is no shortcut to anything worth having–mastery, securit…
Gingrich tax ‘plan’ starves government, feeds the wealthy, rests on flawed assumptions
Angry Bear Blog|Dec. 14, 2011, 8:41 AM|55|1
by Linda Beale
In case you hadn’t heard about it, Gingrich would offer taxpayers a choice to pay tax under current polic…
Now that the financial industry and major corporations have successfully lobbied Congress to make more people poor and to keep them that way, they are discovering the downside of unbridled greed: people are too broke to buy their products.
H…
Thirty big corporations actually spent more money lobbying the federal government between 2008 and 2010 than they spent in taxes.
http://thinkprogress.org/economy/2011/12/07/383779/30-big-corporations-taxes-lobbying/
Liquidity is the key as corporations have been net buyers below SP 1150-1200 and net seller above SP 1250. US public has been net sellers for the past 2+ years so most of the support has been corporate. This is also a scam as corporations have been …
It seems that layoffs are happening almost daily:
http://www.bloomberg.com/news/2011-12-06/citigroup-to-cut-4-500-jobs-on-slumping-
revenue-take-400-million-charge.html?cmpid=yhoo
One can argue that most if not all financial related jobs are of very …
