Immigrant women more likely to own businesses in U.S. than women born in the country, new study reveals

http://www.dailymail.co.uk/news/article-2159395/Immigrant-women-likely-businesses-U-S-women.html By Lydia Warren PUBLISHED: 13:56 EST, 14 June 2012 | UPDATED: 14:25 EST, 14 June 2012 Immigrant women are more likely to own a business in the United States than women who were born in the country, a study has revealed. Twenty-nine per cent of immigrant-run businesses are owned by women compared to 26 […]

Goldman Sachs exec ‘caught on tape leaking secrets about Apple and Intel’ to hedge fund owner convicted of insider trading

http://www.dailymail.co.uk/news/article-2116393/Goldman-Sachs-exec-caught-tape-leaking-secrets-Apple-Intel-hedge-fund-owner-convicted-insider-trading.html Goldman Sachs worker caught on wiretap leaking secrets about Apple and Intel to Raj Rajaratnam By Reuters Reporter PUBLISHED: 14:15 EST, 17 March 2012 | UPDATED: 14:15 EST, 17 March 2012 A person at Goldman Sachs Group Inc, who has not been identified or charged in a broad U.S. insider-trading probe, was caught on […]

Op-Ed Cost Goldman Sachs $2.15 Billion Yesterday

http://www.theatlanticwire.com/business/2012/03/op-ed-cost-goldman-sachs-215-billion-yesterday/49925/ Reuters Alexander Abad-Santos 1,747 Views 8:54 AM ET Greg Smith’s unflattering glimpse into Goldman Sachs’ corrupt culture triggered a financial blow to the firm Wednesday, as the company lost $2.15 billion of its market value, making Smith’s 1,283-word op-ed worth a whopping $1.675 million per word. Goldman Sachs, as Bloomberg reports, saw it shares drop 3.4 […]

Four large US banks fail stress tests

http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday. Three others — Ally, Suntrust and MetLife — also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed […]

‘It makes me ill how people talk about ripping clients off’: Goldman Sachs executive quits over firm’s ‘toxic’ culture in extraordinary resignation letter

http://www.dailymail.co.uk/news/article-2114829/Greg-Smith-resignation-letter-Goldman-Sachs-exec-quits-firms-toxic-culture.html Executive director Greg Smith quits in open letter in the New York Times Firm ‘more interested in making money than the clients’ interests’ Claims colleagues called clients ‘muppets’ and talked of ‘ripping eyeballs out’ By Lydia Warren PUBLISHED: 07:06 EST, 14 March 2012 | UPDATED: 09:55 EST, 14 March 2012 A Goldman Sachs executive […]

EDITORIAL: Germany proposes a Drudge Tax – Washington Times

http://www.washingtontimes.com/news/2012/mar/12/germany-proposes-a-drudge-tax/ EDITORIAL: Germany proposes a Drudge Tax – Washington Times. Government seeks to impose fees on news aggregators By THE WASHINGTON TIMES -The Washington Times Monday, March 12, 2012 European politicians are on the hunt for new sources of revenue as the continent’s fiscal situation worsens. The level of desperation is clear in the latest […]

Fed Unveils Doomsday Scenario for Banks

http://www.cnbc.com/id/46709890 Published: Monday, 12 Mar 2012 | 5:37 PM ET By: CNBC.com and wires The Federal Reserve released its “worst-case scenario” bank stress test criteria Monday and said it will release full results Thursday at 4:30 p.m. ET.  The Fed will look at how the nation’s 19 largest banks would survive a world with a […]

Obama defends energy policies amid gas price pain

http://www.reuters.com/article/2012/03/12/usa-energy-obama-idUSL2E8EC0VI20120312 Mon Mar 12, 2012 3:22pm EDT * Obama, acknowledging pain of high gas prices, sees progress * US oil imports down 1 million bpd last year – W.House report * Republicans say president’s policies a failure on gasoline By Alister Bull WASHINGTON, March 12 (Reuters) – President Barack Obama launched the most comprehensive defense […]

Banks now foreclosing on churches in record numbers with no sign of slowing down

http://www.dailymail.co.uk/news/article-2112670/Banks-foreclosing-churches-record-numbers-sign-slowing-down.html By Daily Mail Reporter PUBLISHED: 13:18 EST, 9 March 2012 | UPDATED: 13:23 EST, 9 March 2012 Banks are foreclosing on America’s churches in record numbers as lenders increasingly lose patience with religious facilities that have defaulted on their mortgages, according to new data. Many banks are no longer willing to grant struggling religious […]

More wives bring home the bacon as their husbands suffer from the ‘mancession’

http://www.dailymail.co.uk/news/article-2111605/More-wives-bring-home-bacon-husbands-suffer-mancession.html By Daily Mail Reporter Last updated at 4:19 PM on 7th March 2012 The number of wives earning more than their husbands has been increasing for years with the pace accelerated further by the recession, according to a survey. Nearly 38 percent of wives earned more than their husbands in 2009, according to the […]