- Arming Goldman With Pistols Against Public: Alice Schroeder
- Companies say more calling in sick
- COBRA subsidies begin expiring for the unemployed
Arming Goldman With Pistols Against Public: Alice Schroeder – Bloomberg
“I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank.
I called Goldman Sachs spokesman Lucas van Praag to ask whether it’s true that Goldman partners feel they need handguns to protect themselves from the angry proletariat. He didn’t call me back. The New York Police Department has told me that “as a preliminary matter” it believes some of the bankers I inquired about do have pistol permits. The NYPD also said it will be a while before it can name names…..
Companies say more calling in sick – AP via Houston Chronicle
Stressed-out workers are calling in sick more often and turning to employee assistance programs for help in greater numbers in the wake of layoffs at many firms, according to a new survey.
Benefits consultant Watson Wyatt Worldwide said nearly half of the 282 large companies that responded to a recent e-mail survey say they have seen more use of employee assistance programs, which typically offer counseling or stress management help…..
COBRA subsidies begin expiring for the unemployed – LA Times
Millions of unemployed Americans face the prospect of a huge increase in health insurance costs, thanks to the looming expiration of a government subsidy.
The American Recovery and Reinvestment Act, passed in February, launched a temporary government program to subsidize the often crippling cost of buying health insurance through a former employer’s plan after a layoff.
However, the so-called COBRA subsidy was designed to last no more than nine months for each person who was unemployed. Hundreds of thousands who got this subsidy when it was first made available in March are slated to roll off the program today……
Tags: COBRA, Goldman Sachs, Guns, Health, recession
