Word: dollarses
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Are you furious? If not, you should be. The giant financial institutions that make up Wall Street have been bailed out, thanks to trillions of dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are hurting. Even outside...
In fact, much of the money that taxpayers have pumped into the financial system has ended up at banks that are lending it back to the government by buying Treasury securities. Isn't that great? We make money available to the banks at 0%, they lend it to the government...
Harvard’s endowment has declined over 27 percent in the past year, and the billions of dollars lost in the credit crunch demands attention. Yet The Boston Globe and others who call for a fundamental change in Harvard’s investment philosophy as a result are themselves...
Jeffry M. Picower, an education philanthropist who invested billions in Bernard L. Madoff’s $50 billion Ponzi scheme, was found dead in his swimming pool after suffering a heart attack last Sunday—less than a year after his foundation pulled the plug on millions of dollars...
And let's not forget that the CIA isn't the only organization with questionable people on its payroll. Since the beginning of the war, NATO has been bribing drug smugglers to let fuel pass through the Khyber Pass from Pakistan into Afghanistan. NATO payments, thousands of dollars for each...