Angry Americans March on Wall Street
The largest anti-Wall Street rally since the credit crunch has taken place in New York. Thousands of workers and trade union leaders marched in anger over lost jobs and ruined lives, demanding answers from the source of the trouble - the banks. Continue
Govt declares national disaster as oil reaches Louisiana coast: Oil from a giant slick hit the US Gulf Coast on Thursday evening, prompting Louisiana Governor Bobby Jindal to declare a state of emergency and call for the federal government’s help in averting an environmental disaster
Big Oil continues to see big profits, pollution while Americans get robbed at the pump: Big Oil is once again riding high oil prices to large profits (see below) while American consumers get stuck with a $2.7 billion gasoline bill in the first quarter of 2010 due to higher oil prices.
Goldman Sachs Shares Slide; BofA-Merrill Cuts Rating: The stock is down almost 20% from where it was trading prior to the fraud charges filed by the U.S. Securities and Exchange Commission two weeks ago, though it had recovered somewhat, closing above $160 on Thursday.
Goldman fraud case goes to the next level: The noose is tightening around the neck of Goldman Sachs Group Inc. Will clients continue to hold the firm up?
Stranger than fiction? Pentagon Confirms It Gave $1.4 Billion in No-Bid Fuel Contracts to Mysterious Companies: The Pentagon's main supply agency has acknowledged awarding $1.4 billion in no-bid contracts to two foreign companies whose ownership and management seem extremely mysterious
Workers march on Wall Street, protest big banks: Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.
Foreclosures: Salt Lake hardest hit in mortgage crisis: Owners of 5,155 local properties received a foreclosure-related notice in the first quarter, 101 percent higher than the same period in 2009, according to RealtyTrac, a company that tracks foreclosures nationally.
$1 Rent for Billionaire Broad: Los Angeles: City Councilwoman Jan Perry and others were involved in secret negotiations to lease billionaire Eli Broad a piece of choice, taxpayer-owned property next to Walt Disney Concert Hall for $1 a year.
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