by Bill Scher | Sep 3, 2014 | Uncategorized
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...
by Bill Scher | Sep 2, 2014 | Uncategorized
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...
by Bill Scher | Aug 25, 2014 | Uncategorized
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...
by Bill Scher | Aug 22, 2014 | Uncategorized
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....
by Bill Scher | Aug 21, 2014 | Uncategorized
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...