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Nov. 9 (Bloomberg) -- U.S. taxpayers may have to share in the losses on $301 billion of Citigroup Inc. loans and securities covered by federal guarantees after unemployment reached a 26-year high, according to the Congressional panel overseeing... Full Article at Bloomberg.com
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NEW YORK -- U.S. taxpayers may have to share in the losses on US$301 billion of Citigroup Inc. loans and securities covered by federal guarantees after unemployment reached a 26-year high, according to the Congressional panel overseeing bank-bailout... Full Article at China Post
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Washington - The Obama administration has opted to slash executive salaries at firms rescued by taxpayer bailouts, cutting cash payments by 90% amid a public backlash at bloated Wall Street bonuses. Full Article at Empowering Financial Decisions
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So it really does sound like Ken Feinberg is on the right track. Full Article at The New Republic
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It was the best of times, it was the worst of times. OK, maybe not literally the worst, but definitely bad. And the contrast between the immense good fortune of a few and the continuing suffering of all too many boded ill for the future. Full Article at Sacramento Bee
