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Bank of America CEO to Pack It In at Year’s End
(www.truthdig.com)
Another head of another big bank is rolling ... all the way out the door. On Wednesday, Bank of America CEO Kenneth Lewis made the startling announcement that he was opting to take early retirement,... More
Submitted 5 months ago by raquelbrown | 0 Comments |
G-20 Muscles G-7 Aside
(www.truthdig.com)
It looks like the G-20 is set to permanently replace the G-7 as the world’s dominant economic forum, an indirect admission that there was something unfair about the world’s seven wealthiest... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Veterans Still Waiting for GI Bill Money
(www.truthdig.com)
It was a nice idea while it lasted: The new GI Bill promised veterans who wanted to go to college money for tuition, books and living expenses. More than 277,000 signed up for the program, which was... More
Submitted 5 months ago by raquelbrown | 0 Comments |
House Revamps Financial Overhaul Proposal
(www.truthdig.com)
Under the guidance of Rep. Barney Frank, the House Financial Services Committee made changes to a plan designed to increase government oversight of various financial markets, ideally to avoid a... More
Submitted 5 months ago by raquelbrown | 0 Comments |
AIG on the Mend?
(www.truthdig.com)
After narrowly escaping catastrophe during the financial implosion that began last fall, American International Group—otherwise known as AIG—is leveling out, according to a cautiously optimistic... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Globalization Goes Bankrupt
(www.truthdig.com)
The rage of the disposed is fracturing the country, dividing it into camps that are unmoored from the political mainstream. Movements are building on the ends of the political spectrum that have lost... More
Submitted 5 months ago by raquelbrown | 0 Comments |
Bernanke Says Recession Is Over, Economy Still Sucks
(www.truthdig.com)
Fed Chair Ben Bernanke declared Tuesday that the recession is “very likely over at this point,” but don’t get too excited. The non-investment bankers among us still have a lot to worry about:... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Wall Street Is Still Playing the Odds
(www.truthdig.com)
It’s been a year since the financial system collapsed like a botched soufflé, and the sense of acute crisis has eased. The wizards of Wall Street are raring to get back to business as usual—and... More
Submitted 6 months ago by raquelbrown | 0 Comments |
A Graphic Look at the State of Our Economy
(www.truthdig.com)
It’s been a year since the U.S. economy practically went to Hades in a handbasket, and since then the federal government sure has been busy trying to figure out where to allocate (read: throw) money... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Nothing Has Changed on Wall Street
(www.truthdig.com)
A year after Lehman Brothers went under—taking a big chunk of the economy with it—the deregulation and lax oversight that enabled the crisis are still a problem. According to this New York Times... More
Submitted 6 months ago by raquelbrown | 0 Comments |

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