Bonuses Put Goldman in Public Relations Bind
• YahooA celebrated Goldman Sachs partner, Gus Levy, coined the maxim that long defined the bank, the savviest and most influential firm on Wall Street: “Greedy, but long-term greedy.”
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A celebrated Goldman Sachs partner, Gus Levy, coined the maxim that long defined the bank, the savviest and most influential firm on Wall Street: “Greedy, but long-term greedy.”
L.A. Times just dropped this blockbuster: In a strange twist to an already complicated legal situation, artist Shepard Fairey admitted today to legal wrongdoing in his ongoing battle with the Associated Press.
Leftist Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar.
At one time the case for the gold standard was practically self-evident -- undisputed by most economists and appreciated by both layman and professionals. Today, however, the case for gold is buried under decades of propaganda, misconceptions, and m
Hear our take on Lighter Etiquette. It's an important issue that require serious consideration.
The story hit like a thief in the night, even bearing Biblical proportions. The end of the exlusive sale of MidEast oil in US Dollars, the rise of Russian and Chinese influence in the Persian Gulf, the rise in importance for the IMF basket of curren
- Hedge fund managers - a secretive, lightly regulated group portrayed by some as villains in last year’s financial meltdown - appear to have a new degree of clout on Capitol Hill in shaping legislation that will determine how they will be regulated.
No quid pro quo was involved, they insist, as do the lobbyists themselves.
Bowing to political pressure from community bankers, the House Financial Services Committee approved an exemption on Thursday for more than 98 percent of the nation’s banks from oversight by a new agency created to protect consumers from abusive or d
On October 8, the New York Times wrote a story on the Federal Housing Administration (F.H.A.) stating:
Rolfe Winkler is at the Buttonwood Conference in NYC.
Kristin McMurray with I'm with the Not Evil Just Wrong emails:Our premiere is coming up this Sunday at 8pm.
Make sure to read the comments! (And add your own...) - Ed
A beer advertisment featuring a ranchy version of Snow White has reportedly raised the ire of Disney.
The shortfall for the 12 months ended Sept. 30 was more than triple the $455 billion record set a year earlier, the Treasury Department said today in Washington.
The secret to sex appeal lies with the tampering of pheromones, creating a "sexual tsunami", according to new research.
I started to list this under 'Humor'... : ) - Ed
At the end of last year, I began writing about what I saw happening as the Federal Reserve started assuming the liabilities of the investment banks and the federal government began deficit spending at an unprecedented pace.I’ve been calling these cha
This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.
It was late at night but the movement answered the call. Hear about the threats, the abuse, the trumped up charges. Hear about a victimized community in need of our freedom message. Hear about the thugs who oppress people for profit.
It later emerged that while deciding whether he should be given the death penalty, jurors consulted the Bible. Four jury members admitted that several copies had been in the jury room and that highlighted passages were passed around. At one point,
The Obama Administration is preparing possible release of some details of the Bush Administration’s lobbying for legislation giving telecommunications companies immunity from lawsuits over their involvement in warrantless domestic wiretapping.
The United States toughened its warning on China for "lack of flexibility" of its yuan currency and for rapidly building up its foreign reserves, but stopped short of branding Beijing a currency manipulator. "Both the rigidity of the renminbi and
Senators diverted $2.6 billion in funds in a defense spending bill to pet projects largely at the expense of accounts that pay for fuel, ammunition and training for U.S. troops, including those fighting wars in Iraq and Afghanistan.
Hundreds of supporters donating millions of dollars came to hear President Barack Obama speak in San Francisco Thursday, but not everyone came to cheer. A huge crowd of protesters also turned out to deliver messages of their own.
Oct 16 - East Germans remember the final days of the hated secret police, the Stasi, which collected information on the country’s citizens with a network of spies and informants.
Britain's High Court ruled Friday that the government must disclose secret details of a former Guantanamo Bay detainee's alleged torture. Judges said Foreign Secretary David Miliband should release undisclosed sections of a 2008 ruling on the tre
Health care workers in New York will no longer be forced to get the H1N1 swine flu vaccine. A state Supreme Court judge issued a restraining order Friday against the state from enforcing the controversial mandatory vaccination.