Wednesday
Apr102013
Barofsky On Bailouts, Bernanke And Too Big To Jail
Barofsky says bank culture hasn't changed since crisis.
And why would anything change with Zimbabwe Ben at the helm of both the helicopter and the printing presses. Borrowing at 0% and speculating with a taxpayer guarantee is a hell of a business model.
Reader Comments (3)
http://www.bizjournals.com/triad/news/2013/04/05/bbt-wells-fargo-hit-with-cyber.html
http://news.yahoo.com/numbness-gives-way-anger-cyprus-over-bailout-193001818--finance.html
New hires fall to 88,000, more people drop out of labor force
http://www.marketwatch.com/story/us-jobs-gain-in-march-lowest-in-10-months-2013-04-05
The unemployment rate fell to 7.6% from 7.7% to mark the lowest level since December 2007, but the decline stemmed from more Americans dropping out of the labor force.
As a result, the participation rate fell again to 63.3% and touched the lowest level since 1979.