Its hard to imaging what would compel the people in charge of the major banks to take billions from taxpayers and yet have the nerve to spend this money lavishly and with complete disregard for the people they represent.
Today it was reported that Northern Trust Bank hosted a party that lasted days in Los Angeles [...]

Popularity: 3% [?]

The news just keeps getting worse. The economy is losing ground in all areas of concern and this does not appear to be the bottom. The decline of 3.8% is the worst decline in 25 years. All indications lead us to expect this number to actually be around 5% once all data is taken into [...]

Popularity: 2% [?]

Everyone seems to wonder if we will see a recession ahead? Rates have been dropping consistently and are expected to continue their decline. This is not a surprise. We have known for some time that the housing bubble would bring the house of cards tumbling down.
The lenders created the ability for buyers to qualify for [...]

Popularity: 5% [?]

A government report shows that April was the slowest period for job growth in over 2 years. About half of the new jobs were reported in April than were reported in March. Two of the four months in 2007 have seen less than 100,000 new jobs which is the lowest growth since late 2003.
As expected the construction [...]

Popularity: 2% [?]