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 Economic / big business
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kkknitter
Seriously Hooked

699 Posts

Posted - 02/18/2011 :  3:52:02 PM  Show Profile Send kkknitter a Private Message  Reply with Quote
This is something I have wondered about since the meltdown.

http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216?page=1

Kristina

lella
Permanent Resident

9714 Posts

Posted - 02/18/2011 :  11:18:18 PM  Show Profile Send lella a Private Message  Reply with Quote
yes, Kristina, why?

Another biggy is that at least three of the banks now in line for big fines over their banking practices announced today that they are farming out 1.5 billion dollars worth of business to India in account processing. There goes another ripple through the economy. All those jobs are now off shore. And I think I know why. The regulators wouldn't play footsie with the three largest banks in the nation. Come on, the day after it's announced that they are facing huge fines? After the tax payers bailed them out. I'm not naming names, you just have to read the paper to know who they are.

Lella

Zippiknits

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Shalee
Permanent Resident

USA
2046 Posts

Posted - 02/19/2011 :  7:45:48 PM  Show Profile  Visit Shalee's Homepage Send Shalee a Private Message  Reply with Quote
Now some of the "big boys" are giving out big bonuses again.

Sharon in NW PA
I always wanted my own library but I didn't realize it would be all knitting books!


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lella
Permanent Resident

9714 Posts

Posted - 02/21/2011 :  7:50:09 PM  Show Profile Send lella a Private Message  Reply with Quote
And they just keep laughing and laughing as they do. Goodbye middle class below the 80K a year mark.

Lella

Zippiknits

The happiest people don't necessarily have the best of everything; they just make the best of everything they have.
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