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Progressive Breakfast

Cantor Move Typical Washington, But May Transform GOP Move to Wall Street typical. McClatchy: "The financial industry values the knowledge of Washington officials and politicians. Last year, former Treasury Secretary Timothy F. Geithner joined private equity business...

Progressive Breakfast

Presidential Push for Minimum Wage Obama uses Labor Day to refocus on minimum wage. NYT: "Hailing examples set by employers like Kentucky State University, whose president took a pay cut to give raises to his lowest-paid workers, Mr. Obama said Congress needed to...

Progressive Breakfast

Burger King May Invert Burger King may flee to Canada. WSJ: "Burger King Worldwide Inc. is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., a deal that would be structured as a so-called tax inversion and move the hamburger seller's base to Canada...

Progressive Breakfast

Questions Swirl Around Bank of America Settlement $16.65B settlement "Less Painful Than It Looks" finds NYT: "The actual financial burden for Bank of America, however, may not exceed $12 billion ... Bank of America wrote down many of its troubled mortgages years ago....

Progressive Breakfast

Fed Debates End of Stimulus Fed officials to debate ending monetary stimulus sooner at retreat. NYT: " An increasingly vocal minority of Federal Reserve officials want the central bank to retreat more quickly from its stimulus campaign, arguing that the bank has...

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