Finally, General Motors is being made to pay a real price. Rick Wagoner, the tone deaf chairman and CEO of GM, who had the gut to claim that bankruptcy was not an option for a company that had no money and no way to meets its obligations to its creditors other than compel tax payers [...]

Members of the Washington establishment are quick to cliam that Timothy Gaitner, the Secretary of the Treasury, former President of the Federal Reserve Bank of New York and former IMF staffer is a financial whiz kid and too good not to have leading the Treasury. I’m not sure about that. One of the major problem with Washington [...]

A Republican hubris : Senator Bob Cocker the know all Senator

Eloquently, Senator Bob Cocker of Tennesse and Congressman Richard Shelby of Alabama have recently elevated the word hubris to a new level. In the midst of a washington leadership crises, while making the claim that proposals presented by the Democrats are essentially  antithetical to all things American, they proceeded to make their own proposals; one [...]

Since news of Federal bailout for Bearsterns first hit the airwaves in Spring of ’08, the news (air) wave has been besotted by a growing cry for bailout by every sector of the US economy from the various crooked arms of the financial sector to the profit gauging developers, confused and golden parachute fattened auto industry, crazy [...]

The Vampire got some true blood : Citi got a new life

Anyone following the HBO series TrueBlood in the last three weeks would have been expecting some of the scenes from last Sunday’s season finale. Bill got another chance to save Sooki from a murderous Rene who had just incapacitated shape shifting Sam. Problem was, Bill was fatally damaged, his reward for dangerously exposing himself to [...]

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