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The bailout now costs more than anything else ever. view!
WMeredithNo Sh*t, Sherlock view!
skored
5-Figure Bonuses Stun Chicago Plant Workers
msnbc.msn.com — Dave Tiderman wondered if the decimal point was in the wrong place when he opened his $35,000 company bonus. Jose Rojas saw his $10,000 check and thought, "That can't be right."More… (Business & Finance)
jsdieorksw
Another AIG Resort $343,000 Secret Gathering, Logos Hidden
abcnews.go.com — $343,000 Secret Gathering, AIG Signs and Logos HiddenMore… (Business & Finance)
insaincain02
Let Detroit Go Bankrupt (Mitt Romney)
nytimes.com — A managed bankruptcy may be the only path to the fundamental restructuring the auto industry needs.More… (Business & Finance)
ejahnleJapan Airlines CEO Cuts His Pay, Earns Less Than Pilots [VID watch!
darkchild82
Big 3 CEOs Flew Private Jets to Plead for Public Funds
abcnews.go.com — "This is a slap in the face of taxpayers," said Tom Schatz, President of Citizens Against Government Waste. "To come to Washington on a corporate jet, and asking for a hand out is outrageous." Wagoner's private jet trip to Washington cost his ailing company an estimated $20,000 roundtrip...More… (Business & Finance)
orangederangeWTF?! Fed Pledges Exceed $7.4 Trillion to Ease Frozen Credit
bloomberg.com — The unprecedented pledge of funds includes $2.8 trillion already tapped by financial institutions in the biggest response to an economic emergency since the New Deal of the 1930s, according to data compiled by Bloomberg. The commitment dwarfs the only plan approved by lawmakers, the Treasury Department’s $700 billion Troubled Asset Relief Program.More… (Business & Finance)
emazur
Why Canada's Banks Don't Need Help
time.com — In the midst of the worst financial crisis since the Great Depression, Canada's banking system is the soundest in the world.More… (Business & Finance)
doiveoAIG Pulls Fast One --"Cash Awards"
huffingtonpost.com — When you are a pro at a scam--the definition of "scam" also can be found under the term "insurance industry" -- you know how to try to pull a fast one. And AIG is trying to pull one -- under cover of the holidays. Check this out.More… (Business & Finance)
World Economy Cartoon view!
GrinyBREAKING: U.S. Provides Massive Bailout to Citigroup
money.cnn.com — The U.S. federal government on Sunday announced a massive rescue package for Citigroup, saying it would guarantee more than $300 billion in company assets, while injecting an additional $20 billion in capital into the embattled bank.More… (Business & Finance)
TheEngineer2008
AIG to pay $503 MILLION to employees. You get JACK *****.
washingtonpost.com — American International Group plans to pay out $503 million in deferred compensation to some of its top employees, saying it must tap the funds to keep valuable workers from exiting the troubled insurance giant.More… (Business & Finance)
Gun sales surge after Obama's election
cnn.com — The NRA said Obama would support a "huge new tax on my guns and ammo," referencing a 1999 article in a Chicago newspaper. The then-Illinois state senator promoted a plan to increase federal taxes by 500 percent on the sales of firearms and ammunition.More… (Business & Finance)
BrokebackCasket
McDonalds Japan Goes No-Brand with Quarter Pounder Shops
inventorspot.com — Generic packaging, minimalist decor, a two-item menu - and not a clown in sight! McDonalds Japan is testing the waters of no-brand marketing with newly opened Quarter Pounder stores in Tokyo.More… (Business & Finance)
WordsnCollision
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