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{ Tag Archives } economic

The Caucus: For Top Economic Aides, a Shaky Week in Office

Many credit Ben S. Bernanke and Timothy F The rest is here: The Caucus: For Top Economic Aides, a Shaky Week in Office

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Heads of Wall Street firms admit errors but deflect blame for crisis

A panel created to investigate the causes of the financial meltdown poses some tough questions to the chairman of Morgan Stanley and the CEOs of JPMorgan Chase, Goldman Sachs and Bank of America. They admitted making mistakes and they regretted the economic devastation their decisions wrought, but the heads of …

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Smurfit-Stone closing 2 mills permanently

MISSOULA, Mont. – (AP) Smurfit-Stone Container Corp. has announced it is permanently closing mills in Montana and Michigan. The Frenchtown, Mont., mill has 417 employees and will continue operating until Dec. 31. The University of Montana’s Bureau of Business and Economic Research s The rest is here: Smurfit-Stone closing 2 mills permanently

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LexisNexis Survey: Legal Community Deeply Divided On Business Issues, Impact Of Economic Downturn, Future Of The Industry

A new national survey reveals deep divisions between corporate counsel and private practice attorneys over the current state of the legal industry, the impact of the economic downturn and what the future holds for the law firm business model. The just-released State of the Legal Industry Survey was

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OECD warns public debt jeopardizes recovery: report

MILAN (Reuters) – Countries with mounting public debt jeopardize the sustainability of their economic recovery from the global financial crisis over the next several years, the OECD’s new chief economist said in a interview in an Italian newspaper. The rest is here: OECD warns public debt jeopardizes recovery: report

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OECD warns public debt jeopardizes recovery: report (Reuters)

Reuters – Countries with mounting public debt jeopardize the sustainability of their economic recovery from the global financial crisis over the next several years, the OECD’s new chief economist said in a interview in an Italian newspaper. See the article here: OECD warns public debt jeopardizes recovery: report …

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Why Big Shopping Bargains Are Bad News For America

Super low prices on LCD televisions, laptops, clothes and even books generate consumer excitement, but also contribute to overspending and indebtedness — the very things that fueled the economic crisis See the original post: Why Big Shopping Bargains Are Bad News For America

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BoE policymakers: UK economy has bottomed out

LONDON (Reuters) – Britain is past the worst of the recession and should return to growth in the fourth quarter, two Bank of England policymakers said, in remarks which support government forecasts the economic downturn is nearly over. Visit link: BoE policymakers: UK economy has bottomed out

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Obama Deploys Financial Fraud Task Force

- The Obama Administration has launched the Financial Fraud Task Force to investigate issues related to the economic crisis. View original post here: Obama Deploys Financial Fraud Task Force

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Foreclosures hitting more people with prime loans

WASHINGTON — A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery. Go here to see the original: Foreclosures hitting more people with prime loans

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