Posts Tagged ‘
economic crisis ’
YouTube user Rockerchic4God, also known as Arlene from True Blood Ann Minch, couldn't get any Bank of America employees pay attention to her when she had problems with her account.
So she turned to YouTube. After being laid ...
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Far from the kind that bring madcap Brady Bunch adventures, the NY Times recently commissioned a series on "the ruins of the second gilded age."
Since the real estate market began tanking in the US, tales of modern ...
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In what can almost be described as an "Economic Meltdown For Dummies," Matt Taibbi's article "The Great American Bubble Machine" in the latest issue of Rolling Stone is a great primer on the machinations behind the current ...
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Meet Ken Karpman. The UCLA MBA graduate is a former hedge fund CEO earning $750,000 a year. During his glory days, he traveled the world, purchased a huge house, and spent up big. One small problem though: ...
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Youtube may have created its oldest star.
91 year old great grandmother Clara Cannucciari has started Depression Cooking with Clara, an instructional cooking series focused on recipes from the Great Depression. The pitch is simple: American has fallen ...
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Need to get higher risk clients of your books? One way is to pay them to leave, and that's exactly what American Express is doing.
Amex is paying a number of card holders $300 to close their accounts.
"We ...
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CNBC's Rick Santelli isn't a happy man.
In a cross to the trading floor of the Chicago Mercantile Exchange, Santelli, backed by a cheersquad of traders rallied against President Obama's plan to not immediately foreclose on homeowners behind ...
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General Motors (GM) will slash 47,000 jobs and attempt to sell off prime brands as part of a viability plan submitted to the US Government.
GM was required to submit the viability plan as a condition of receiving ...
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Shoe companies aren't immune to the global recession, with Nike set to announce layoffs of 4%, of 1400 people of form its 35,000 strong global workforce.
Nike is headquartered in Portland, Oregon and employs 7,000 people in the ...
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President Barack Obama announced Wednesday that companies receiving Government assistance under the $700 billion bailout will be restricted to a $500,000 salary cap for top executives.
“We all need to take responsibility" said the President, and that people ...
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The ruling orthodoxy on socio-economics is that difficult times drive a rise in crime, but maybe as a sign of how bad things may have become, at least one crime is decreasing: car theft.
In Baltimore, the number ...
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Government isn't immune from wanting a bailout, with the Governors of New York, New Jersey, Massachusetts, Ohio and Wisconsin calling on the Obama Administration to provide a $1 trillion bailout for cash poor states.
Ohio Gov. Ted ...
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While polls showed the majority of American's did not support a bailout of the auto industry, The Bush Administration acted anyway, throwing away loaning the industry some $17 billion. So what's the first thing Chrysler does with ...
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Once the door is open, everyone wants a cut. Add Real Estate developers to the list of groups asking the US Government for a bailout, with loans due this year unable to be refinanced due to the ...
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The American auto industry may be on the edge of collapse with the US Senate set to reject the proposed $14 billion auto bailout, the last opportunity to approve the bailout until the new year.
The formal vote ...
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National Public Radio (NPR) has announced that it will lay off 7% of its workforce and cut expenses due to broader economic climate.
A total of 64 filled positions have been eliminated and 21 open positions not filled ...
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Lost your job recently, or know someone who did? The United States had its biggest fall in employment for November in at least 20 years, the banks as we already know are all living off Government welfare, ...
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Remember Knut the Polar Bear? In March 2007 the world focused on Germany after environment activists called on Knut to be put down after he was rejected by his mother. Knut survived, and went on to become ...
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There's much discussion in the tech blogosphere about the request from Silicon Valley's favorite electric car make Tesla for a $400 million bailout...sorry "loan" from the US Government.
There's points on either side, so as best I can ...
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No country is fully immune from the global economic crisis, but some places react differently to others.
In Russia, the economic crisis has meant that less people are drinking Vodka, the national drop. Stockpiles of Vodka in ...
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I run with some big dogs. Established writers, media mavericks, pop-culture mavens, political pundits, industry leaders and successful innovators are among those I call my “buddies.”
With a few exceptions, my friends are experiencing seismic shifts in their ...
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US Army recruiting offices are reporting increased interest in signing up as the economic crisis worsens.
Atlanta recruiting offices are the most recent to see an increase in numbers, and potential recruits are smarter as well. The Army ...
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