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BooRadley

Joe and Jane Sixpack Arguments Against Single Payer

By: BooRadley Tuesday May 19, 2009 2:43 pm

These arguments are against any governmental influence over health care.

WSJ: ‘Local Banks Face Big Losses: Journal Study of 940 Lenders Shows Potential for Deep Hit on Commercial Property’

By: BooRadley Monday May 18, 2009 5:56 pm

Such loans, which fund the construction of shopping malls, office buildings, apartment complexes and hotels, could account for nearly half the losses at the banks analyzed by the Journal, consuming capital that is an essential cushion against bad loans.

American Express to Cut 4,000 Jobs‏

By: BooRadley Monday May 18, 2009 4:09 pm

American Express Co. said late Monday that it's cutting roughly 4,000 more jobs and will reduce spending on marketing and business development to help it save an extra $800 million this year.

‘20% of U.S. Homeowners Owe More On Their Mortgage Than Their Homes Are Worth’

By: BooRadley Monday May 18, 2009 7:03 am

The downturn in home prices has left about 20% of U.S. homeowners owing more on a mortgage than their homes are worth, according to one new study, signaling additional challenges to the Obama administration's efforts to stabilize the housing market.

Latest from NYT’s Gretchen Morgenson: “When a Company Tries It, a ‘Say on Pay’ Works”

By: BooRadley Monday May 18, 2009 5:35 am

"ISOLATED and imperial chief executives who shun contact with the great unwashed — shareholders who actually own the companies — are a distressingly resilient breed. [...]"

“FDA relied heavily on BPA lobby: Regulators actively reached out to industry, e-mails show”

By: BooRadley Saturday May 16, 2009 10:26 pm

"As federal regulators hold fast to their claim that a chemical in baby bottles is safe, e-mails obtained by the Journal Sentinel show that they relied on chemical industry lobbyists to examine bisphenol A's risks, track legislation to ban it and even monitor press coverage...."

‘FBI Probing SEC Attorneys for Insider Trading’

By: BooRadley Friday May 15, 2009 12:45 pm

"Two enforcement lawyers at the Securities and Exchange Commission are being investigated by federal prosecutors and the FBI for possible insider-trading violations, according to a report from the SEC's inspector general."

SEC Staff to Recommend Civil Charges for Countrywide’s Mozilo

By: BooRadley Wednesday May 13, 2009 2:06 pm

Staff at the Securities and Exchange Commission have decided to recommend filing civil fraud charges against Angelo Mozilo, the co-founder of Countrywide Financial Corp., according to people familiar with the investigation.

‘GM Recovery Plan Calls For Exporting China-built Cars To US By 2011′

By: BooRadley Wednesday May 13, 2009 10:43 am

General Motors Corp. plans to begin exports of vehicles made in China to the United States within two years, ramping up sales to more than 50,000 by 2014, reports said Wednesday.

U.S. Trade Gap Widens on Oil Imports

By: BooRadley Tuesday May 12, 2009 8:30 am

The U.S. trade deficit widened for the first time in eight months during March, as the price and use of imported oil both climbed.
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