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Government’s Cozy Intervention
Many think that Government’s intervention in the market is acceptable, but to how far and which manner? There is no doubt that intervention works, seen the news. Goldman Sachs and AIG are paying out bonuses... Citigroup Joins AIG in Paying Bailout Bonuses to Top Executives
Citigroup joined AIG in the "you have to be kidding me" hall of fame when it announced that it would be paying big bonuses to top executives for the 2008 fiscal year. Despite rules restricting bonus payments in bailout funded financial institutions Citigroup has said it... Banks get $140 billion tax break on top of bailout money
In the blink of an eye, and on three little pages of a standard memo, the US Treasury Department granted the banking industry a $140 billion tax break on top of the $700 billion in taxpayer money being handed over... Big 3 bailout: Ripple effect of inaction could cripple the US economy
The Big 3 automakers are asking Washington for bailout money and this has caused a tizzy of controversy, but the bottom line is that the ripple effect of government inaction could cripple the US economy and be...
created by Tina Kells | 1 year ago | updated 49 wks ago
3136 views | 23 recommendations | 10 comments
3136 views | 23 recommendations | 10 comments
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