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...Belgian banking arm lobbed shoes and other items at chairman Jozef De Mey. De Mey stood his ground, and won an eventual vote on the sale. But the twin incidents share the same roots: public trust in the financial system - and its well-paid execs - has probably never been lower...
...trust diminishes, so too do transactions. In a Chicago Booth/Kellogg School survey carried out late last year, trust in the stock market was considerably lower among those planning to take money out of it than it was among those intent on leaving their investment alone or even increasing it. Moreover, after controlling for investors' expectations of how the market might perform in the future, trust levels had a positive influence on the decision to invest more in the markets, the survey found. (Find out 10 things to do with your money...
...Just as alarming amid falling confidence: lower levels of trust in banks make customers more likely to yank their money, according to the survey. More than a tenth of those polled said they'd done just that during the crisis, preferring instead to keep their cash at home, despite the obvious dangers of doing...
...mere 69 percent of rural, public -high-school students attended schools offering Advanced Placement courses, compared to 93 percent of public-high-school students in cities and 96 percent in suburbs. Rural public schools historically have also had fewer instructional computers with Internet access per capita and lower-paid teachers (even after adjusting for the lower cost of living in rural areas). On the other hand, expenditures per student have tended to be higher, and student-teacher ratios lower, in rural areas compared to cities and suburbs. Like elsewhere in the United States, rural public education is failing its students...
Caldera, Louis E. •apology for approval by of terrifying buzzing of lower Manhattan by Air Force One back-up plane is issued by following conveyance to of fury of Obama...