Word: scareder
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The news up to and including the Chrysler bankruptcy was "above the fold" in many newspapers and news websites. However, the amount of debt that the creditors and government were fighting over was only $6.9 billion. There are scores of American companies with larger debt loads. (See pictures of the...
The global rise in swine flu has showed few signs of slowing. Now in 11 countries, the H1N1 flu virus was confirmed on Thursday in the Netherlands and Switzerland; in Canada, cases rose to 27 and in the U.S., the caseload increased to 109 in 11 states, with hundreds of...
But when people get scared, they sometimes say or do dumb things. That includes Vice President Joseph Biden, who said Thursday morning on the Today show that the swine flu virus could spread easily on airplanes, and that he has advised his family against traveling anywhere on mass transit. "When...
The vanity of the Fed, the Treasury, and those building the budget in Congress and the Administration is not that they refuse to doubt that the fruits of their work will remake the economy; It is that they will not admit that the economy has even the smallest chance of...
According to The Wall Street Journal, Citi is asking to lift "pay restrictions that could break apart its legendary energy-trading unit." If the government turns the request down, it is indeed likely that many of these people will leave for hedge funds, start their own businesses, of join banks...