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Goldman, Morgan, JPMorgan Plan $30 Billion Bonuses:Today's Outrage
By Glenn Hall, Editor in Chief
Goldman Sachs, Morgan Stanley and JPMorgan Chase are expected to pay out $30 billion in bonuses to their rainmakers this year. That money should go to taxpayers, who were the real rainmakers.
09:35AM 11/09/09
Time to Explain Citi, Bank of America Bailout: Today's Outrage
By Glenn Hall, Editor in Chief
Singling out Citigroup and Bank of America, the Congressional Oversight Panel says the government owes taxpayers some explanations about the bailout.
09:59AM 11/06/09
Verizon Abuses Customers With Higher New Phone Fee: Today's Outrage
By Glenn Hall, Editor in Chief
Verizon's plan to double early termination fees is just plain stupid.
08:48AM 11/05/09
Corzine Loss to Christie Signals Waning Influence of Goldman Club: Today's Outrage
By Glenn Hall, Editor in Chief
The defeat of Jon Corzine by Chris Christie in the New Jersey governor race may be a sign that voters are sick of the political influence of the Goldman Sachs alumni club.
09:34AM 11/04/09
Jobs From Obama Stimulus Spending Don't Come Cheap: Today's Outrage
Jobs created by Obama's stimulus spending have cost an average of about $230,000 each. If only those were the actual salaries!
10:43AM 10/30/09
Bank of America Can't Find CEO: Today's Outrage
Bank of America can't seem to find any qualified candidates outside the bank who want to be CEO. Why is the board surprised?
09:31AM 10/28/09
Bank Reform Looks Too Big to Pass: Today's Outrage
When you see the likes of Goldman Sachs setting aside billions of dollars for bonuses, you know that that the bankers aren't too worried about "reform."
09:56AM 10/26/09
Divide Widens Between Consumer, Investment Banks: Today's Outrage
Bank of America's loss, in stark contrast to JPMorgan's profit, reflects a growing divide between consumer and investment banks. It's also a reminder that consumer woes cannot be ignored.
10:30AM 10/16/09
Citi, Goldman Deflate Dow: Today's Outrage
Citi and Goldman Sachs didn't offer enough "wow" to sustain the Dow.
01:18PM 10/15/09
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