Tag Archives: Wall Street

Wall Street May Pay Bonuses Early To Dodge Possible Repeal Of Bush Tax Cuts

Wall Street is reportedly one step ahead of the Obama administration’s plan to scrap some of the Bush tax cuts on the nation’s top earners.Banks are considering paying annual bonuses early this year to lessen the impact the increased tax rates expected… Continue reading

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A Seth Godin First! AUDIO INTERVIEW

Bestselling author Seth Godin, made headlines when he told me exclusively in my interview for Mediabistro that he would no longer be publishing books traditionally. Neither Seth nor I had any idea it would cause such a media uproar. Los Angeles Times… Continue reading

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Zillions for Wall Street, Zippo for Barack’s Old Neighborhood

“The best lack all conviction, while the worst are full of passionately intensity.”– W.B. YeatsMore… Continue reading

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Small and Minority-Owned Businesses Should Help Drive the U.S. Economy Out of the Ditch

While Wall Street financiers reap healthy profits off the backs of a bailout that U. S. taxpayers paid for and while leading U. S. businesses that could hire, incredibly, refuse to hire for reasons that make no sense to me and millions of out of work A… Continue reading

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How Wall Street Is Screwing Up The Recovery

I had to laugh the other day at the way the Market is behaving, but it wasn’t a good laugh. It was one of those dark laughs, full of phlegm and bile, a laugh that dies in the back of your throat, turning before it fades away entirely into a short, sha… Continue reading

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New Unemployment Claims SURGE, Hit Highest Level Since November 2009

WASHINGTON (AP) — New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.The Labor Department said Thursday that i… Continue reading

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Marshall backs Warren to head Consumer Protection Agency

Wall Street is out of control, and it’s about time Washington do something about it.That’s why I’m very pleased the new reform bill included the creation of an agency that will protect families and investors from fraud and scams. Elizabeth Warren has a… Continue reading

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Aboard Russian Billionaire Andrey Melnichencko’s $300 Million Yacht (VIDEO)

The interior of Russian billionaire Andrey Melnichencko’s 394-foot yacht has never before been viewed by the public — until now. The Wall Street Journal gained unprecedented access to tour the ship, called the ‘A,’ which reportedly costs more than $30… Continue reading

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Ben Bernanke: Wall Street’s Servant

Last week, the Fed announced that it would use the proceeds from retired mortgage-backed securities to buy up more government bonds. This may have a very modest effect in keeping long-term interest rates low, thereby giving a small boost to the economy… Continue reading

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David Rosenberg: ‘If You Don’t Believe In A Double Dip, It’s Because The First Recession Never Ended’

What if the recession actually never ended?That’s the gloomy picture Gluskin Sheff economist and former Merrill Lynch economist David Rosenberg painted in a recent interview with the Wall Street Journal. “If you don’t believe in a double dip, it’s beca… Continue reading

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