Losses

U.S. Postal Service Defers Federal Payment, Easing Heavy Losses

AP | HOPE YEN | Posted 01.15.2012

Read More: Deficit, Congress, Video, U.S. Postal Service, Budget Gaps, Postmaster General Patrick Donahoe, Internet Usage, Losses, Funding, Budget Woes, Business News

WASHINGTON — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibil...

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Wells Fargo's Earnings Fall Short On 'Uneven' Recovery

Posted 12.17.2011

Read More: Wells Fargo Profit 2011, Third Quarter, Video, Shareholders, Bad Loans, Profits, Well Fargo Earnings 2011, Wells Fargo, Losses, Banks, Economic Recovery, Wells Fargo Earnings Report, Income, Business News

(Rick Rothacker and David Henry) - Wells Fargo & Co missed Wall Street earnings estimates by a penny a share as interest income was weaker than ex...

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Swiss Banker's Reaction to U.S. Treasury Hiding A.I.G. Loss

Iris Mack | Posted 05.25.2011

Read More: Shares, Fired, Payments, White Collar Crime, Losses, U.S. Treasury, Commissions, Federal Reserve, Collusion, Institutional Clients, Accounting Entry, Asset, Krisken Management, Citizens, Ubs, Goldman Sachs, Aig, Inspector General Barofsky: U.S. Treasury Hid a.I.G. Loss., Go Bust, Defraud, Bailed Out, Accountants, Subsidized, Pay to Play, Foreclosed Homes, Accounting, Revalue, Negligence, Disclaimer, Depreciate, Repurchase, American Tax Payer, Tax Evasion, Racketeering, Swiss Baker, Write Off, Auditors, JP Morgan, Proceeds of the Sale, Intermediaries, Christopher Hill, Tax Returns, Job, Banks, Business News
Iris Mack

Goldman Sachs and JP Morgan are being subsidized by the Federal Reserve. Why can't the Fed instead subsidize Americans who want a job? How stupid do they think the American taxpayer is?

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It's Not As Bad as All That

Robin Lakoff | Posted 05.25.2011

Read More: Losses, 2006 Election, President Obama, Democrats, 2008 Election, Cataclysm, Elections 2010, Politics News
Robin Lakoff

The "bloodbath" theory of the 2010 midterm elections is satisfyingly sharp and clear. But what it sacrifices for clarity may be truth.

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Gretchen Morgenson: Lobbyists Win Again In Securing Tax Break For Home Builders

Huffington Post | Nicholas Graham | Posted 05.25.2011

Read More: Homebuilders, Benefits, Tax Break, Housing, Mortgage Crisis, Losses, Obama, Hovnanian Enterprises, Housing Crisis, Small Businesses, Wall Street, Homebuyers, Foreclosure, Home Loans, Plute Holmes, Lobbyblog, Business News

The New York Times's Gretchen Morgenson points out that lobbyists have won another victory that will lead to billions in taxpayer dollars being handed...

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