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Wall Street Guiding America Toward Third World Status, and Instructing China As Well
Business  (tags: Agricultural Bank Of China IPO, Banks, China, Financial Crisis, Financial Reform, Goldman Sachs, JPMorgan Chase, Mergers And Acquisitions, New York Times, Third World America, Wall Street, Business News )

- 1827 days ago -
The Wall Street casino continues at full tilt. Just last week the New York Times reported that the likes of JPMorgan Chase and Goldman Sachs are continuing to squander hundreds of millions on bets that bring the middle class closer to 3rd world status.
NYT's 1Q Profit Bombs: Now What?
Business  (tags: New York Times )

- 2692 days ago -
A year ago, The New York Times Co. made $23.9 million in profit. This week, the company reported a loss of $335,000. That's about the worst quarter-to-quarter loss the company has ever seen. Bet its CEO is thinking: "Holy crap! We're screwed!"

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