by Bill Scher | May 12, 2009 | Uncategorized
Health Care Mojo Bloomberg reports the Senate is moving on health care: "The Senate Finance Committee spelled out alternatives for overhauling the U.S. health-care system, including a mandate that all Americans get health coverage and creation of a government-run...
by Bill Scher | May 11, 2009 | Uncategorized
Insurers Play Ball With White House NYT on major health care announcement today: "Doctors, hospitals, drug makers and insurance companies will join President Obama on Monday in announcing their commitment to a sharp reduction in the growth of national health spending,...
by Bill Scher | May 8, 2009 | Uncategorized
Unemployment Up in April Labor Dept. reports this AM: " Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent ... Since the recession began in December 2007, 5.7 million jobs have been lost. In...
by Bill Scher | May 7, 2009 | Uncategorized
Stress Test Results Today After PR Rollout "In an interview on Wednesday night with Charlie Rose, Treasury Secretary Tim Geithner struck an optimistic tone, saying that none of the 19 banks that experienced government stress tests are insolvent, but he was cautious...
by Bill Scher | May 6, 2009 | Uncategorized
Due to a technical glitch, we have a shortened, continental-style, (but still filling!) Progressive Breakfast this late morning. Stress Test Results Trickle Out "The government has told Bank of America it needs $33.9 billion in capital to withstand any worsening of...
