These days, almost anytime someone borrows to fund a business, buy a car or get a mortgage, the debt gets repackaged into a security that can be bought or sold like a stock. But critics say abuses in the securitization market helped bring about the housing meltdown.
Now, I know that it\'s nothing new to blast a bank on a blog, or trash it on Twitter or spread your fury about their practices on Facebook, but with bank fees climbing and climbing (overdraft fees are estimated to cost Americans $38.5 billion this year), I went on my own little Internet tour today, looking around for reactions to banking fees...
They use the same playbook over and over again: Goldman positions itself in the middle of a speculative bubble, selling investments they know are crap. When it all goes bust, leaving millions of ordinary citizens broke and starving, they begin the entire process over again.
Investment bank Goldman Sachs had a crucial role to play in every market bubble and crash since the Great Depression, says a new article. Goldman not only made money when asset prices were going up -- by hedging their bets, they made money on the way down, too.
It\'s a tough time for anyone to find a job. And for adults with developmental disabilities, like autism and Down syndrome, it\'s even tougher. Advocacy groups estimate that two-thirds of the developmentally disabled are unemployed. Michael Medina is a client of The Arc, a national nonprofit that offers support services to people