Philadelphia and the Delaware Valley
Mayor Michael Nutter said the clock is counting down to the implementation of a devastating ‘doomsday budget’ in Philadelphia.
During a morning press conference Thursday, Mayor Nutter said he has submitted a revised five-year plan for the city that would lead to the largest number of layoffs in the city’s history.
Continue reading Devastating Cuts Expected Under Doomsday Budget
The World Gold Council (“WGC”) and Industrial and Commercial Bank of China (“ICBC”) have signed a memorandum of understanding (MOU) for strategic cooperation within China’s gold market….Both parti…
Florida’s ‘Shadow’ Real-estate Inventory Ranks No. 1 in U.S.
MiamiHerald.com (5 April 11)
Banks Win Again: Weak Mortgage Settlement Proposal Undermined by Phony Consent Decrees
Naked Capitalism…
By Joe Weisenthal and Kamelia Angelova
Continue reading Chart Of The Day: A Jobless Recovery? Not For The Financial World
Bank of America in $8.5B Mortgage Settlement
Associated Press (28 June 11)
Now that the 5th Summit of the Americas is over, we would like to point out that there is no interest in renegotiating or reopening NAFTA.
No need to renegotiate NAFTA to improve it: USTR
Reuters….
By Nicholas D. Kristopf
If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and othe…