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And what exactly did Obama have to do with LIBOR?? LIBOR is set in England although there is input from international banks. LIBOR is not a US Federal agency so our president nor his administration have NO influence on it at all. Also the LIBOR scandal dates back to the finacial crises of 2008 and if memory serves m...more
It is quite a mystery, isn't it? When a company fails to meet analysts' expectations, it's the company's fault, and its stock often gets punished. Seems to me that it means, instead, that the analysts were wrong, and perhaps shouldn't be completely relied upon in the future.
Much to logical, a Master of the Universe...more
If corporations are people, then people are corporations.!
"If corporations are people" then wouldn't Romney be a serial killer since he ended the life of many corporations when he worked at Bain Capital.
Wow, these CEO's work so hard for this money; market goes no where, they lose nothing; wait for a rebound and they make a killing, for doing what??? Then we the shareholders lose when the stock options dilute the shares. Our country has lost its values.
Jeremy 12341: You don't have to look to far or do any conspiracy research, just normal academic research coupled with logic can bring you to the conclusion the entire economic cycle has serious flaws.
True, but logic is too much work. Its much easier to have an ideological pundit tell one how to think and then ape...more
Not only will they not go to jail but I bet they made a killing with bonuses for their "fine" performance.
how much you want to bet no one goes to jail for this?
MIAMI (AP) - A pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation's largest accounting firms, should pay $7.6 billion...more
America is an immigrant country and this 'new blood' has been an important part in a productive workforce. But if we allow companies to hire illegal immigrants or make it seem patriotic to hire illegal immigrants then the net result will be a flood of cheap labor which will continue the pressure for lower wages, hurti...more
I wonder how much the Chinese would pay for America, lock, stock and barrel?
Don't they already own a lot of us already? They probably figure another 5 years and they will own our whole country.
What a great economic system we created. We buy Chinese goods and they take the money and buy America.
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