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Mass Hysteria Over AIG Obscures Simple Truths: Michael Lewis

Posted by paulstock 1052 days ago (http://www.bloomberg.com)
Category: Economy | Tags: aig bonus
Michael Lewis (author of Liar's Poker) points out that the outrage of the bonuses paid to AIG might be misdirected. read more »
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Big Three CEOs Flew Private Jets to Plead for Public Funds

Posted by Verna 1177 days ago, popular 1177 days ago (http://abcnews.go.com)
Category: Economy | Tags: international news investment money
The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto[...] read more »
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The End of Wall Street's Boom

Posted by paulstock 1178 days ago (http://www.portfolio.com)
Category: Business | Tags: boom traders wall street
Michael Lewis, the author of Liar's Poker in 1989, reflects on how the atrocities he wrote about then seem quaint by today's standards and how the [...] read more »
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Consumer Spending: A Precipitous Decline - The Next Great Depression?

Posted by earnwhatyouspend 1180 days ago, popular 1179 days ago (http://earnwhatyouspend.com)
Category: Economy | Tags: consumer depression finance recession
Here are twenty reasons consumer spending will continue to fall - possibly bringing us to a depression as severe as the one in the 1930s. read more »
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