• Arming Goldman With Pistols Against Public: Alice Schroeder
  • Companies say more calling in sick
  • COBRA subsidies begin expiring for the unemployed Read the rest of this entry »

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  • Obama Says He Has Been ‘Humbled’ by Tough Health-Care Debate
  • Congress Presses for Details From Bank of America on Talks
  • Firms Back Plan to Change Pay Policies
  • Bankers Furious Over Government Pay Plan
  • Limit EU bank bonuses even if U.S. doesn’t – Barroso
  • RBS Said to Gauge Interest in $8.1 Billion Share Sale
  • Citi Executive Tom King to Depart
  • SocGen CEO: Expects Higher Cap Requirements For Banks
  • IRS to Extend Leniency for UBS Offshore Disclosures Read the rest of this entry »

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  • Parsons Says Citigroup Will Be Able to Repay
  • U.S. Said to Explore Selling Off Its Citigroup Stock
  • U.S. Treasury Sec says tax increases not likely
  • Bank of America CEO Says Rebound May Beat Forecasts
  • SEC suffers further humiliation over BofA
  • Bank of America Ruling Leaves SEC With Few Options for Pursuit
  • A Tough Crowd on Wall Street
  • For Obama, a Chance to Reform the Street Is Fading
  • New York State Says Bankrupt Lehman Owes $1.2 Billion in Tax Read the rest of this entry »

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  • Bondholders Plan CIT Rescue
  • Bailout Overseer Says Banks Misused TARP Funds
  • In Washington, One Bank Chief Still Holds Sway
  • White House chief of staff declines JPMorgan invite
  • Citi’s Latest Snag: Froman’s Funds Read the rest of this entry »

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So much for the rally:  Early in the afternoon word came out that Nouriel “Dr. Doom” Roubini was said to have changed his tune and  commented that the economy was improving and would emerge from the recession this year; that sparked a broad rally.  Turns out that he had reiterated comments that he’d already made, and he really hadn’t changed his tune at all…. Read the rest of this entry »

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Turns out that Strip Clubs aren’t recession resistant.  Like most other businesses in this economic downturn, they’ve been squeezed.   So how are they making sure that their bottom lines don’t sag?  They’re cutting costs and getting creative…. Read the rest of this entry »

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