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Ways the Economy has Changed in America
In case you haven't taken the time to stop and look around things have been changing in your world. The America that you are living in is no longer that of big investment bankers and Wall Street big winners....
11 commentsThe Rich Get Richer - Economic Inequity and the Recession
The rich get richer and the poor get screwed as wealth is being diverted int the hands of the few.Corporations so large that their failure threatens the economic stability of America are a threat to national security.
6 commentsCrook Alert!! AIG Paying $165 Million Bonuses and $52 Billion to Counterparties with Taxpayers' Money
Resignation Letter from AIG VP Jake Desantis Mr. Desantis resigned from AIG and will donate his the after-tax proceeds of his retention payment to charity. He is bitter toward CEO Edward Liddy for his failure...
6 commentsAIG Government Bailouts and The Stimulus Plan
AIG has decided to use taxpayers money to pay AIG employee bonuses and retention payments. Edward Liddy, also known as Libby, has his hands full trying to get his employees to give up their bonuses. This AIG...
32 commentsBest Hotel Scandals in 2008
Its part of my job to keep track of what's going on in the hospitality industry. I spend hours every day reading about trends like sustainability, new hotel and restaurant openings, vacation packages and...
7 commentsDusting Off the Guillotines
The news has been buzzing with anger over the $165 million in bonuses insurance corporation AIG plans to shell out to its executives, especially after the news broke that the majority of bonuses were going to...
19 comments$140 Billion TARP Loss is a Huge Success
Secretary of the Treasury Timothy Geithner What’s a few Billion lost among friends right? Well not your friends or my friends but the Banking Friends of former New York Federal Reserve Bank President...
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