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Immelt Says GE Failed to Anticipate Crisis Article By PAUL GLADER General Electric Co. Chairman and Chief Executive Jeffrey Immelt admitted, in a sober letter to shareholders, that he and his top executives, "never anticipated a global financial system failure and its continuing economic...

Cramer is still pissed that the Obama team did not contact him for the SEC Chairman's post. Cramer is about as corrupt as one can become. Like the New England weather, all you have to do is wait a minute and things will change.

You are correct, I stand corrected. I can't keep by B's and M's straight nowadays.

“as quickly as prudently possible” If you didn't need the Capital, and you did not spend it foolishly, the money should be available immediately. I wonder how long it will take Northern to be prudent and return the money. I'll bet those 3-4 days of parties and concerts cost the firm...

If you want a good chuckle, call the Hotline and tell them that you run a Ponzi Scheme that is presently being investigated by the SEC and that you need to have it stalled. Tell them you have some well connected references you can provide if that will help. Just ask them for a 2-month delay...

Obama is putting constraints on the bankers but they have no constraints on those companies the banks lend the money to. As an example: Pfizer’s $68 billion acquisition of rival pharmaceutical maker Wyeth is drawing criticism over the $22.5 billion in loans Pfizer received from major...

Financiers Used "Hotline" to SEC Examiners Tuesday 24 February 2009 by: Matt Renner, t r u t h o u t.org | Washington, DC - In a hearing which exposed failures by the government's financial police, Congressman Stephen Lynch (D-Massachusetts) highlighted the existence of a "hotline,"...

And when the federal government infuses the banks with cash to increase credit who do you think will be the first in line to receive such credit? The highly compensated corporate executives who are laying off their workforce to maintain payroll but more importantly, to maintain their personal...

It would be nice to see an inflation line added in here to compare the cost of Goverment against a rise in inflation. The manufacturing line is similarly distorted as it does not factor in outsourcing labor or factory automation. As a nation we have moved away from manufacturing and into...

testaclese. Your math does not add up for starters. The $15,400 cost can never reach $20,000 at a 23% tax rate. You are correct however in that I never factored in profit margin but lets assume profit margin would remain the same regardless. If you want to say profit margin for the...

Okay, let me see if I get this straight. I will use an example where a car is $20,000. Built into that car are the materials that make up that car (tax free), labor (taxed), and the overhead (taxed). By all reporting’s here, labor and overhead (Federal Payroll tax) is taxed at a rate...

testaclese. Your theory is that the cost of goods and services will remain the same because the taxes baked into those goods and services as corporate taxes and payroll taxes are equal to teh 22% tax? How then does the US make it's money if they are already receiving that portion in business...

testa, If you read the book, why not enlighten us all on the response to my question. I am sure that many would like to understand the plan with regards to such questions without having to sponsor the makers by purchasing their book. If you want to sell a plan that the people buy into -...

BSAM, what's wrong, you show me the link but can't answer a few simple questions? Does that mean YOU DO NOT KNOW THE ANSWERS yet support the plan anyway. Tell me how this plan maintains foreign purchases in the US and how this plan avoids having purchases diverted overseas. I can tell you...

BSAM I checked out the site, even showed you areas where your Congressional supporters list was in error. But your site dows not address such flaws as purchases made overseas. it likewise does not fully address what impact this tax will have on foreign tourists spending in the US. If there...

BSAM, There were several last year with incomes over $1 Billion and the income was trade based. As for the average household making $50,233 I guess my $50K example was correct. Do you think the trader making $5 Million on Wall Street will spend as much as 100 people making $50 Million thus...

If you believe that then stop whining about the taxes you pay. The only reason we pay the taxes we do is because as a nation we are bailing out the many unemployed created by top executive greed. We bail out the the cities and towns who lose income, the small businesses who lose sales...

So a guy making $1 Billion in profits last year and who spends a small fraction of it in goods and services will help this economy how? Looks to me like a way to grow the upper end very nicely.

Gee Alpine, when the CEO's rape the companies and then terminate lower level employees to maintain their lavish lifestyles I definately have a problem with it. I have no problem paying people what they are due but you can't tell me that present day CEO's are worth 10 times that of the CEO's of...

BSAM, I think your supporters list needs to be cleansed. Rep. Richard Baker Louisiana District: 6 Baker is no longer a Congressman but does work as a lobbyist protecting several crooks of Wall Street. He is the president of MFA protecting the rights of hedge funds who use their wealth...