Wall Street bonuses receive a bad press but they aren’t as harmful to the American economy as one might think.
Wall Street bonuses receive a bad press but they aren’t as harmful to the American economy as one might think.
However, combining philosophical criteria with party voting hopefully captures not only the ideological rigidity prevalent in Washington, but also shows how closely congressmen adhere to the issues each organization identifies as important.
Former Gov. Tim Pawlenty to head The Financial Services Round Table. Pawlenty is stepping down from his role as Romney 2012 national co-chairman.
The recent debacle with Knight Capital, where they apparently rushed an untested new trading algorithm to market without rigorous testing first, caused the company to lose $400 million in just a few minutes.
Jill Stein, Green Party presidential candidate and her running mate Cheri Honkala joined in on a citizen organized protest of Fannie Mae, the mortgage giant tied to the housing bubble and subprime mortgages.
Two cities in San Bernardino County and the county itself are considering using eminent domain to seize mortgages on troubled homes, the sell them to investors at “market value” who would then create new mortgages for the homeowner at presumably much lower monthly payments.