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How Banks Fleece the Unemployed
23 hours ago ago from No Agenda News
While posting breathtaking profits in the last two quarters – Wells Fargo's $3.2 billion, Citigroup's $3 billion and Chase's $2.7 billion – U.S. banks have figured out a way to squeeze some extra dollars from those who can least afford it, the unemployed. Here's how it works. In the past two years, states have been overwhelmed with unemployment claims. Always eager to serve, America's banks offered a deal the states couldn't refuse. ...
Related contentEU, IMF Revolt: Greece, Iceland, Latvia May Lead the Way
15 hours ago ago from zRants
Sort of like the too-big-to fail banks. Even Schultz thinks the too-big institutions should fail. Rather than bailing them over, he thinks the banks keep the funds from from their gambling departments, that invest in risky enterprises and questionable securities, separate from their other accounts. Funds from one department cannot be used to bail out department. I'm not sure how you legislate that, but it is not a bad approach. Keep the ...
Related contentOnline chat today with U.S. State Department official
7 hours ago ago from Ethiopian News and Opinion Journal
Ethiopian News and Opinion Journal HOME Contact Advertise Subscribe Ge'ez Fonts FORUM ALBUM ARCHIVE CLASSIFIEDS Login Online chat today with U.S. State Department official December 16th, 2009 | Human Rights Agenda for the 21st Century: Online Chat Today, Wednesday, at 6:30 PM Washington DC Time With Michael Posner, U.S. Assistant Secretary of State for Democracy, Human Rights, and Labor Looking for ...
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6 hours ago ago from Dipnote : U.S. Department of State Official Blog
Visit State Gov Logo goes here Seal goes here Home About Dipnote Videos Photos Archives Subscribe About the State Department Blog The mission of the U.S. Department of State is to create a more secure, democratic, and prosperous world for the benefit of the American people and the international community. Through its websites and other online resources, the Department offers broad public access ...
Related contentJapan – U.S. Open Skies Agreement Text
16 hours ago ago from Res Communis
by P.J. Blount with the blog faculty The State Department has posted the text of the new U.S. Japan Open Skies Agreement .
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In the U.S, the wheels of commerce move swiftly; public policy? Slowly
13 hours ago ago from BloggingStocks
Everyone wants the banks to lend more -- even the nation's chief executive. But absent a supermajority in Congress (it takes 60 votes to get major legislation passed in the Senate), what can one do to get the banks to lend? Like President Obama, one can request, make a strong it's-in-the-interest-of-the-banks case for increased lending, but at the end of the day, given the U.S.'s economic system, it's still a private sector matter and the ...
Related content2 more children with brain tumors in South Florida community
23 hours ago ago from Media General - TBO.com
THE ACREAGE - Two more children from the same Palm Beach County community have been diagnosed with brain tumors. The news comes as the Florida Department of Health investigates a possible brain cancer cluster in the area. Thirteen children were diagnosed with brain tumors or brain cancer from 1995 to 2008. Parents have expressed concern that environmental hazards, including well water, could have caused the diseases. The state Department ...
Related contentCitigroup Stock Sale DELAYED By Treasury Department
10 hours ago ago from Huffington Post
The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citi's shares below Treasury's cost. Treasury was planning to sell up to $5 billion of its Citi shares at the same time the firm moved to repay some $20 billion in bailout funds. The key was issuing $17 billion of common stock. The troubled financial conglomerate felt confident that it could easily raise ...
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