Archive - Jan 16, 2010 - Blog entry
Is Obama's Populist Rage Against Big Banks Valid?
Submitted by Econophile on 01/16/2010 18:23 -0500President Obama used his bully pulpit on Thursday to chastise banks and bankers while announcing a punitive tax on them to assuage an angry populace. Is his rage valid? Should we be angry at banks for making lots of money and then paying out big bonuses?
Milking the CalPERS Cash Cow?
Submitted by Leo Kolivakis on 01/16/2010 00:57 -0500The L.A. Times reports that private investment funds paid more than $125 million to scores of intermediaries who helped them win business with that $205 billion cash cow called CalPERS....
