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Bailouts Revisited: Who Got Rescued and Who Got Screwed? | Corporate Accountability and WorkPlace | AlterNet (www.alternet.org) TMC

Bank of America got bailed out, but Lehman Brothers was allowed to fail. The insurance company American International Group (AIG) was rescued, but in July federal authorities refused to bail out a... More

Tags: economy,tmc,alternet,lehman bros

Submitted 6 months ago by erinconsortium | 0 Comments |

Young Workers in Free Fall: 1/3 Under 35 Live with Parents (www.alternet.org) TMC

So much for the economic independence that's supposed to come with young adulthood.

Tags: tmc,alternet,adults,parents,house,family,job security,rent,bills

Submitted 6 months ago by saramediaconsortium | 0 Comments |

There's a Bubble That Still Threatens the Entire American Economy ... and Few Are Talking About It (www.alternet.org) TMC

Outrageously large rewards for executives give executives an incentive to behave outrageously -- and engage in behaviors that put the rest of us at risk.

Tags: tmc,alternet,executives,rewards,ceos,financial crisis,salary,bonus

Submitted 6 months ago by saramediaconsortium | 0 Comments |

Obama's Squandered Honeymoon: How Botched Bailouts Hamper Healthcare Refor (www.alternet.org) TMC

The real economic spillovers and side effects of Wall Street-leverage and rocket-science concoctions brought the curtain down on the romance with the unfettered free market. This was a mess that did... More

Tags: tmc,bailout,obama,healthcare,reform,alternet

Submitted 6 months ago by saramediaconsortium | 0 Comments |

Wal-Mart Faces Its Day of Reckoning (www.alternet.org) TMC

Wal-Mart's relentless growth and Darwinian competitiveness have created a world that is increasingly inhospitable to its own success.

Tags: tmc,alternet,walmart,chain,nelson lichtensein,labor,retail

Submitted 6 months ago by saramediaconsortium | 0 Comments |

Why Breast Implants Are Deflating Along with the Economy (www.alternet.org) TMC

Many women who invested in big busts are in deflationary mode.

Tags: tmc,alternet,breast implants,plastic surgery,recession

Submitted 6 months ago by saramediaconsortium | 0 Comments |

House 'Under Water'? Do Like the Banks Do and Just Walk Away (www.alternet.org) TMC

Banks aren't taking possession of houses after foreclosure, creating a "shadow inventory" that may derail the recovery.

Tags: tmc,alternet,banks,foreclosure,mortgage

Submitted 6 months ago by saramediaconsortium | 0 Comments |

New Study Exposes 2007 as the Year of the Super-Rich (www.alternet.org) TMC

In 2007, the year before the Great Recession began, America's super rich partied — as never before. The evidence? We look at the year's freshly crunched income numbers.

Tags: tmc,alternet,recession,emmanuel saez,rich,irs,wealthy

Submitted 7 months ago by saramediaconsortium | 0 Comments |

How Outlet Malls Have Convinced Shoppers into Thinking They're Getting a Sweet Deal (www.alternet.org) TMC

Are America's 55 million outlet shoppers scoring great deals on expensive brandname products, or getting less than they're bargaining for?

Tags: tmc,alternet,outlet malls,deals,outlet las vegas,retail,shopping,discount

Submitted 7 months ago by saramediaconsortium | 0 Comments |

The Economic Fallout Has Decimated the Black Middle Class (www.alternet.org) TMC

40 percent of African Americans will have experienced unemployment or underemployment by 2010 and child poverty will increase to slightly over half.

Tags: tmc,middle class,black,alternet,poverty,unemployment

Submitted 7 months ago by saramediaconsortium | 0 Comments |

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