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March 8, 2013
How the sequester might be at play here. theres a lot of moving parts that ill be interested to see the health of the labor market, especially weve been seeing the record highs in stocks. workers are not feeling the benefits that companies and investors are feeling thats a real lynn interesting trend. all but one of the nations largest banks by the way could survive another deep recession. this is according to the federal reserves latest stress test. of the 18 banks the fed tested only ally fina...
May 21, 2012
There may be a very good reason for why they dont want to reduce the subsidies currently granted to americas biggest oil companies. they are of course huge donors to republicans. next weeks shareholder meeting for exxonmobil is likely to be a fiery one with protesters from the steel workers union to environmental activists, all gathering in dallas to raise their voices against the biggest member of the big oil club. exxonmobil is hitting back, of course, by channeling more than 90% of its politi...
July 23, 2010
Packages. ive never seen a contract that cant be breached. does it go beyond the mere banking industry? >> yes, it does. there are financial if i did like american express thats not a conventional bank. there were other companies like gms finance arm that received a bailout. but the question of executive compensation goes across all industries. right now shareholders continue to come in second place when it comes to a contest between how much management is paid and how much shareholders have to ...
July 22, 2010
Big story today from general motors. it is getting back into the lending biggs business. the automaker is paying $3.5 billion for americredit. subprime lender. gm has been without a finance arm since it sold the majority of stake in gmac when the economy turned south. lets take a look at the early numbers. they are looking good right now. the dow currently up 118 points. nasdaq gaining about 34 points. so so far things are looking good. hopefully we can hold that gain through the housing numbers...
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