The rich snicker as the vast majority of Americans are so distracted they don't focus on record corporate profits, on record low corporate tax payments or on lobbyists buying tax breaks for corporations and loopholes for offshore accounts.
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NEW YORK, May 30 (Reuters) - U.S. stocks sank on Wednesday as surging bond yields in Spain and Italy ratcheted up tensions in financial markets abou...
Remember how incredulous those CNBC Wall Street denizens were when I suggested a few weeks back that insurers' investment losses, particularly in the subprime mortgage mess, would hit the Dow?
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