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Business

As the Rich Get Richer, 75 Percent of the Nation Expects Stagnant or Lower Incomes
Business  (tags: Austerity, Economic Crisis, Obama Administration, Economic Recovery, Oligarchs, Record Profits, Working Class, Declining Wages, Federal Reserve )

Brian
- 120 days ago - truth-out.org
"Despite reassurances from the White House about the economy picking up, a recent survey by the Federal Reserve reveals a far bleaker perception among US wage earners."
The Sharpest Drop in Wages in 60 Years: Record Profits for Banks
Business  (tags: wages, decline, cost of living, banks, corporations, record profits, corporate agenda, toxic capitalism, exploitation, wage slavery, class warfare )

Brian
- 559 days ago - truth-out.org
More proof of the corporate agenda to profit from the exploitation and suffering of all the rest of us.
Verizon Workers, Management Dig in for Decisive Labor Battle
Business  (tags: Verizon Strike, CWA, Unions, Outsourcing, Record Profits, Wisconsin, Corporate Greed, Third World USA, ALEC Business Model, Bootstraps, Social Darwinism )

Wind
- 1221 days ago - commondreams.org
"There's tremendous anger in the country about all this corporate greed," CWA spokesman Bob Master said. "This could be the private sector's battle of Wisconsin." Key: "Elimination of all job security provisions and restrictions on outsourcing."
In Letter to Shareholders, Goldman Sachs Denies Wrongdoing, But Is 'Grateful' for Gov't Money
Business  (tags: Goldman Sachs, shareholders, record profits, bank bailouts, credit default swaps, AIG, Securities Industry and Financial Market, SIMFA, Dodd, Angelides )

Judy
- 1719 days ago - rawstory.com
Foremost among its denials was the company's vigorous defense of mortgage derivatives trading. In other words, Goldman Sachs never "bet against" its clients, according to the letter, which also stated that the company did nothing wrong with respect to AIG
   

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