![]() KSRO | Cal Shifts Cash To Avoid Financial Crisis KSRO California may now be able to avoid running out of money next month. Governor Jerry Brown has signed a bill to allow the state to borrow $865-million from earmarked funds. State Controller John Chiang sent a letter to lawmakers last week warning them ... |
![]() WAVY-TV | Report: 18.7 pct of W.Va. residents lack nest egg CBS News A nonprofit group says nearly one in five West Virginia residents have almost no savings or other assets to weather a financial crisis. The report released last week by the Corporation for Enterprise Development shows 18.7 percent of West Virginia ... 1 in 5 Virginians have no savings |
![]() Bloomberg | The Financial Services Roundtable Has No Clothes: Simon Johnson Bloomberg More about Simon Johnson Enlarge image Simon Johnson Simon Johnson Brendan Smialowski/Bloomberg In a report last week, the Financial Services Roundtable boldly stated that the financial-services industry “has made significant changes since the crisis ... |
![]() Globe and Mail | Britain Prepares for Worst as EU Strives to End Euro Crisis BusinessWeek Though Britain has long refused to join the single currency, deep financial, trade and investment ties mean an escalation of the crisis might “snowball” and hurt the UK, according to economist Philip Rush at Nomura Holdings Inc. in London. Euro crisis and global downturn Greece caves in on civil service firings Eurozone's problem isn't Greece or Italy: it's Germany |
![]() Telegraph.co.uk | Romania PM quits as financial crisis topples government Telegraph.co.uk In exchange for the loan, Mr Boc's government took drastic measures to curb public spending, cutting public wages by 25 percent and freezing pensions in 2010. Romania PM quits as financial crisis topples government. Romanian Prime Minister Resigns Amid Protests |
How Economics Contributed to the Financial Crisis Forbes A lot of blame has been spread around regarding the financial collapse and the onset of the Great Recession. Greedy speculators, big banks, Wall Street executives, and Fannie Mae and Freddie Mac have all taken turns as whipping boys. |
![]() ETF Daily News (blog) | The 2008 Financial Crisis Was Nothing Compared To What Lies Ahead (XLF, SKF ... ETF Daily News (blog) Unfortunately, what we are going through right now is simply just a period of “hopetimism” between two financial crashes. Things may seem relatively stable right now, but it won't last long. The truth is that the financial crisis of 2008 was just a ... |
![]() USA TODAY | Dow closes at highest mark since pre-financial crisis USA TODAY The Dow Jones industrial average ended up 156 points, drawing the average to its highest mark since before the financial crisis hit in 2008. By Richard Drew, AP Trader Luigi Muccitelli works on the floor of the New York Stock Exchange on Feb. 2, 2012. Dow hits highest level since financial crisis Stock market reaches highest level since financial crisis Dow Jones closes at highest level since before 2008 financial crisis |
Feds hasten financial crisis probes amid election year Reuters Given two of the traders' plea agreements, this may be the first successful criminal indictment stemming from the financial crisis. But the case also may foreshadow the fact that federal investigations are likely to focus far more heavily on actions ... |
![]() Providence Eyewitness News | Mayor: Providence in 'financial crisis' Providence Eyewitness News By Ted Nesi, WPRI.com Reporter By Nancy Krause PROVIDENCE, RI (WPRI) - Rhode Island's capital city will be in bankruptcy by June if it doesn't get help resolving its financial crisis. That was the dire warning from Providence Mayor Angel Taveras during ... Mayor of Providence Seeks Urgent Steps in City's Financial Crisis |