Days before Bank of America shareholders approved the bank’s $50 billion purchase of Merrill Lynch in December 2008, top bank executives were advised that losses…
ForbesJPMorgan's $6 Billion Case of Lyme DiseaseForbesJPMorgan CEO James Dimon: The illness of one of his top executives went a long way toward causing the mulitbillion-dollar losses at the bank. We've run many stories at Forbes parsing the rea…
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 …
Ireland is different, quite an interesting read.
When Irish Eyes Are Crying
When the Irish land boom flipped from miracle to catastrophe, a lot of important people’s status, along with perhaps their sense of themselves, flipped with it. An Irish st…
…started filming the party in the park 5 days after Obama visit.
QuoteAn exclusive investigation by MyFoxDetroit showed workers at Chrysler’s Jefferson North Assembly Plant in Detroit, Mich., drinking beer and smoking joints while on a half-hour lun…