ghuskin
New Member
- Jul 10, 2007
- 1,089
- Boat Info
- SRV225 Cuddy Cabin, 1983
- Engines
- 228 Mercruiser w/ pre-Alpha1 "R" Drive
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Treasury Secretary Timothy Geithner and his colleagues worked the phones to try to line up support on Wall Street for the plan announced Monday. They told executives they don't favor using the tax code to retroactively penalize specific individuals who had received bonuses, according to people familiar with the calls. They asked officials to sign on "in pencil, not ink," and to "validate" or "express support" for the plan, these people say.
Some bankers say they turned the conversations into complaints about the antibonus crusade consuming Capitol Hill. Some have begun "slow-walking" the information previously sought by Treasury for stress-testing financial institutions, three bankers say, and considered seeking capital from hedge funds and private-equity funds so they could return federal bailout money, thereby escaping federal restrictions.[emphasis added - FC3]
Latinos, blacks losing jobs at a faster rate
‘We don't have those older roots to anchor us in the professional world’
"The less wealth you have, the harder unemployment hits. Darity cited 2002 data that showed black households with a median net worth of $6,000, Latino households with a median of $8,000, and white households with a median of $90,000."
"First, they came for AIG".
It's ok, this is the Holding Tank, political sh_t is allowed here.Pardon me, but WHY is this thread on CSR? If you want to talk politics, there's something like 345,943,503 other blogs to do it on. Please don't pollute CSR (and potentially destroy it).
Thanks.
Pardon me, but WHY is this thread on CSR? If you want to talk politics, there's something like 345,943,503 other blogs to do it on. Please don't pollute CSR (and potentially destroy it).
Thanks.