Recent Posts Tagged With 'private sector'

• 11 Million Americans out of work

  Posted on Friday January 9th, 2009 at 10:04 in finance, Government, job, unemployment, private sector

  In an earlier article today entitled: $10 Million for a job poorly done, we discussed how two ousted Dell Senior manager where giving huge payouts to leave, well now we have to add them to the unemployment numbers for 2009. I am sure their going to w...

• New Mortgages Not Helping Homeowners

  Posted on Tuesday December 9th, 2008 at 08:57 in Personal, finance, mortgages, foreclosure, homeowners, bank, reworked, bailout, private sector

  Boston.com posted an article today, Reworked mortgages not working, about how more than half of delinquent borrowers who had their mortgages reworked earlier this year to avoid foreclosure were behind on their new loan payments after just six months....

• The death of credit. Credit cards reach their limits.

  Posted on Monday December 8th, 2008 at 12:45 in Personal, finance, regulations, credit cards, lines, lenders, private sector, credit limit

  Across the county people are starting to see the effect of the economic down turn. If they have not seen their job disappear they are at least starting to see their credit cards disappear. Credit card companies have over $5 trillion dollars of possib...

• CDO destruction would save banks, unfreeze credit markets, and destroy investors worldwide

  Posted on Tuesday November 25th, 2008 at 08:04 in Personal, money, finance, european, Iceland, international, pmi, banks, ford, investor, corporate, gm

  Alan Kohler, of Business Spectator, wrote an article A tsunami of hope or terror?.  The article covers what will happen if more companies go under. The Breakdown: A synthetic CDO cataclysm could save the global banking system (with horrible consequ...

• Peter Schiff on the Bailout

  Posted on Tuesday November 25th, 2008 at 07:12 in gold, finance, international, fast money, collapse, bailout, private sector, peter schiff

  Peter Schiff on Fast Money, the man who called the economic collapse in 2007, says what he thinks about the economy right now. “I think what’s happened in commodities and the dollar right now, is temporary …. these prices get sold o...

• Claims for Weekly unemployment reach a 16 year High

  Posted on Thursday November 20th, 2008 at 10:08 in unemployment, workforce, private sector, jobless claims, continuing claims, four-week moving average, seasonally adjusted claims

  Workers have filed a 16 year high of new jobless claims in the week ending Nov 16th. This comes as employers are faced with harsh economic reality and are forced to reduce the size of the labor force.     “The latest data has added to fears that ...

• China Construction Bank stake increased by Bank of America

  Posted on Monday November 17th, 2008 at 14:51 in finance, international, beijing, corporate, china construction bank, stake, bank of america, private sector, bofa

  In an effort to control more of China Construction Bank, Bank of America(NYSE: BAC 15.33 11/17/08) has decided to exercise option this month to purchase additional shares of the Bank. This purchase will bring the stake in China Construction to 19.1%....