by Max Frumes | Apr 27, 2010 | Business & Tech
Make sure you don’t get mired in the minutiae like some senators did at the hearing with Goldman Sachs executives on Tuesday. Know the meaning of the terms bandied about by the Goldman whizzes. Abacus – Synthetic CDOs (see entry) betting against the housing market....
by Max Frumes | Apr 27, 2010 | Business & Tech
WASHINGTON — Big banks might have a competitive advantage in capital costs over their smaller competitors under the proposed financial reform bill that would designate the big banks as “systemically important,” but the advantage would be slight,...
by Beth Lawrence & Ramsen Shamon | Apr 27, 2010 | Business & Tech
WASHINGTON — There’s a school of thought, made popular by Whitney Houston, that children are our future, that if you teach them well they’ll lead the way — fiscally that is. So with 16 percent of workers confident about having enough stashed...
by Michael Beller | Apr 23, 2010 | Business & Tech
WASHINGTON—Postmaster General John Potter once again stated the need Thursday for the United States Postal Service to transition to five-day delivery. After testifying before a House committee last week, Potter reiterated his plea before the Senate Subcommittee on...
by Beth Lawrence & Ramsen Shamon | Apr 22, 2010 | Business & Tech, Topics
WASHINGTON — Valisha Cooks, 28, graduated from the University of Phoenix in 2007 with almost $90,000 in debt, a sum so large she ended up filing for bankruptcy. “I didn’t go to college to borrow a bunch of money and then shirk my...
by Beth Lawrence & Ramsen Shamon | Apr 22, 2010 | Business & Tech
WASHINGTON — Shirley Mae Almer’s family thought she’d died of pneumonia; at least that’s what the death certificate said. Two weeks later, when the salmonella outbreak in peanut products made headlines, her children learned what was really...
