Archive for July, 2009

Citigroup lost $28 billion last year! Was still able to pay out $5.3 billion in bonus money!! And 124 guys got north of $3 million!!!

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Private Student Loans: A Lesson In Debt [infographic]

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Recently Released Bonus Information for TARP banks: Citi $5.3b, Merrill Lynch $3.6b, BofA $3.3b…These are bonuses.

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NY Fed President Dudley Says Fed Can Predict and Prevent Bubbles – Really?

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The collapse in commercial property

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The Swine Flu advisor to our government is a vaccine maker executive who is making money on the sale of vaccines.

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“We’re totally underwhelmed with recovery.gov,” Sandra Fabry, executive director of the Washington-based Center for Fiscal Accountability, a member of the coalition, said in an interview. “It fails to live up to the expectations that taxpayers were given.”

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"Iron ore price negotiations, usually wrapped up by June 30, have instead gone on for months this year, with Rio Tinto, Vale and BHP still at the bargaining table with China. China’s pushing for cuts as high as 45% off last year’s record prices. Needless to say, the miners have been resistant."

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In 1895, when US government was bankrupt, J.P. Morgan at wall street bailed out the Treasury. Can we say its even now?

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Simply put, how can Washington even consider keeping Mr. Bernanke as Fed Chairman when the US banking system effectively failed on his watch?

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Why the dollar is going to collapse…

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"Cash for Clunkers" Retrospective

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6000 chess players took part in our beauty contest

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Et tu, Treasury Auction Accounting?

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Paper or Plastic? Neither. The case for taxing plastic bags.

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For Financial Stability, Fix the Tax Code

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Below The Topline: The United States in 2020 – A Very Different Place

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How Medical Breakthroughs Happen

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Why You Shouldn’t Gamble on Casino Stocks

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US economy shrinks by an annualized rate of 1% in the second quarter

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