Latest news (Page 151)
Bank earnings may be 'frightful' (Reuters)
Informative article just posted to the Reuters website; hat-tip to Larry P. By Jonathan Stempel | Mon Jan 12, 2009 6:
Middle-Class Policy Myopia
With all the talk about support for the middle class in this country, it's instructive to remember that
CBPP on Homeless Families
NUMBER OF HOMELESS FAMILIES CLIMBING DUE TO RECESSION: Recovery Package Should Include New Housing Vouchers and Other Measures to Prevent
A 'Kinder, Gentler' Ruling Class? NOT!
At least if this Nation article is any indication, crisis or no. Tidbits: "I get the sense that this
Roubini's 'Triple Whammy'
Originally published in Foreign Policy, Nouriel Roubini concisely states his grounds for severe pessimism regarding a quick potential recovery. The
Black Male Jobless Rate In Dec. 2008: 13.4%
From Bob Feldman; this repeats some of what we reported a couple of days ago, but it bears repeating... The
Wedgwood and Marx
You may have heard that Waterford Wedgwood (the Irish crystal maker bought the British ceramics company in 1986) is in
Investment Tax Cuts Help Mostly the Rich
This piece from the NYT business section does a great job of explaining why cuts to the capital gains tax
Massive Anti-Trust Scam Ripped Off Taxpayers
Several federal agencies and several state attorneys general are alleging that banks and other companies that facilitate the $400 billion
A Job Loss (at Citi) We Don't Mind
Just posted at Reuters. Hat-tip, again, to Larry P. Robert Rubin quits Citigroup; Citi's shares drop NEW YORK
Dec. Job #s: Even Worse than They Look
Bad as the December unemployment numbers are, if you include temporary workers and discouraged workers, the situation is far worse.
More Criticism of TARP (WSJ)
From today's WSJ: Panel Steps Up Criticism of Treasury Over TARP By MICHAEL R. CRITTENDEN | January 9, 2009