AIG Executives Blow $440,000 After Getting Bailout |
If you'd just gotten a government bailout, you might be tempted to hold a retreat at a nice California hotel -- and that's exactly what American International Group executives did.
The committee on O...
Posted by dsrcarolina on Wed, 08 Oct 2008 06:14:00 PST |
Offsetting Your Guilt |
One byproduct of the global warming mania is what I like to call the "Green Rush." It's kind of like the gold rush, except this time, everyone is trying to spend a fortune instead of making a new one....
Posted by dsrcarolina on Wed, 08 Oct 2008 05:39:00 PST |
Wall Street Insider to oversee bailout |
Last week, Washington swiftly approved the $850 billion bailout for Wall Street. The Bush administration wasted no time announcing that a 35-year-old Treasury Department official will be the interim h...
Posted by dsrcarolina on Wed, 08 Oct 2008 04:12:00 PST |
What the $700B Rescue Will Do For Main Street USA |
The average American, if emails and phone calls from constituents to elected leaders mean anything, was adamantly opposed to the $700 billion rescue package approved by Congress last week.
Opposition...
Posted by dsrcarolina on Wed, 08 Oct 2008 09:58:00 PST |
How much will the bailout cost now? |
Last night, the Senate passed a revised version of the Wall Street bailout bill. The new billdesigned to appease opponents of the original bill in the House of Representativescontains billions of do...
Posted by dsrcarolina on Thu, 02 Oct 2008 06:58:00 PST |
Let’s not rush to blow $700 billion. |
Stop the $700 billion stampede. Despite the table pounding by Treasury Secretary Henry Paulson, the world, even Wall Street's world, won't come to an end if Congress doesn't pass a plan next weekend t...
Posted by dsrcarolina on Thu, 25 Sep 2008 03:58:00 PST |
How we got into this money mess |
"Greed is good."
At least, that's what Michael Douglas' character Gordon Gekko claimed in the movie Wall Street. But, just like Gekko, the modern-day companies that followed that motto now find themse...
Posted by dsrcarolina on Thu, 18 Sep 2008 08:24:00 PST |
The Fed’s new role: Sugar daddy |
Since when do we rely on government to intervene in every case of a failing business? If anyone wonders why we have such a mess on our hands, look no further than our boneheaded gover...
Posted by dsrcarolina on Wed, 17 Sep 2008 09:54:00 PST |
