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Nashville native hardest hit in Madoff case |
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Written by Administrator
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Tuesday, 13 January 2009 07:35 |
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Staggering $7.3 billion in losses threaten to scuttle Nashville native's once high-flying New York fund
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Read more... [Nashville native hardest hit in Madoff case]
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Nobel Prize winning economist opposes auto bailout |
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Written by Administrator
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Sunday, 21 December 2008 10:58 |
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Joseph Stiglitz, a Nobel Prize winning economist and co-author with Linda Bilms of the “Three Trillion Dollar War” (2008) favors Chapter 11 bankruptcy for the auto makers, rather than a bailout, saying,
“…a
bailout would benefit shareholders and bondholders as much as anybody
else. These are not the people that need help right now. In fact they
contributed to the problem.”
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Read more... [Nobel Prize winning economist opposes auto bailout]
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