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(AXcess News) - Wall Street is doing to America what private equity firms did to Simmons Bedding and many other productive companies. Taking control with borrowed money, stripping assets, slashing jobs and cashing out. Full Article at AXcess News
Related Articles
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I've said it before but it bears repeating: the multi-million dollar frauds uncovered in the past few years could never have occurred with at least tacit support of major Wall Street firms. Full Article at iStockAnalyst
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Have you ever wondered why Wall Street was able to get $23.7 trillion from the federal government after making some bad bets that wiped out $30 trillion in stock market value worldwide and helped throw 15.1 million people out of work? Go read. Full Article at Seeing the Forest
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Wall Street has a new headache to deal with on Capitol Hill, and, for once, it’s not about bailouts or bonuses — at least not of the cash variety — although it may be about influence. Full Article at The Politico
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latest report to Congress says, "The firms that were 'too big to fail' ... are in many cases bigger still, many as a result of Government-supported and -sponsored mergers and acquisitions; the inherently conflicted rating agencies that failed to warn... Full Article at TwinCities.com
Related Quotes
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Like other responsible employers in New York City, we requested the vaccine and will supply it only to employees who qualify under guidelines laid down by the Centres for Disease Control
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Vaccines should go to people who need them most, not people who happen to work on Wall Street
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The financial job market in general no doubt is getting a rebound since the financial crisis began two years ago ... Recently we have more clients coming in and pay great rates to find Wall Street professionals.
SOURCE: People's Daily Online -
The overall unemployment still remains high as the economy struggles to create jobs in the early stages of the financial recovery. Wall Street needs at least two years to be close to previous levels before the crisis
SOURCE: People's Daily Online
