Posts Tagged ‘Wall Street’

The recalcitrant stupidity of Wall Street Bankers

Friday, January 30th, 2009

As Banks beg for bailouts from the US government and the decimated, imploded US economy still shudders from the housing bubble some banks have taken the extraordinary step to reward staff with financial bonuses for performance in 2008.

Is there any better example of an industry still out of touch and cannot see or read the political and social boundaries? (more…)

Does irresponsible television coverage contribute to financial collapse?

Saturday, October 11th, 2008

No wonder Wall Street had such a fall during the week of October 6 to 10, 2008. One only had to listen to short-sighted and sensationalism of the markets falling by journalists from CNBC. (more…)