Debt Increased $203 Billion in Oct.–$650 for Every Man, Woman and Child in America

Debt Increased $203 Billion in Oct.–$650 for Every Man, Woman and Child in America

Byaaronmat-admin

[email_link] The federal government’s debt increased by $203,368,715,583.63 in the month of October, according to the U.S. Treasury. That equals about $650 per person for each of the 312,542,760 people the Census Bureau now estimates live in the United States. At the end of September, the total national debt stood at $14,790,340,328,557.15, according to the Bureau of…

CEOS’ GOLDEN PARACHUTE EXIT PACKAGES PASS $100 MILLION

CEOS’ GOLDEN PARACHUTE EXIT PACKAGES PASS $100 MILLION

Byaaronmat-admin

[email_link] The golden parachute is evolving into the platinum kiss. Scores of CEOs depart the corner office with huge exit packages. But recent deals — making retiring executives newly minted $100 million (and up) men — are raising eyebrows even among those accustomed to oversized payouts. The latest execs who will cash in as they…

THIS WOULD BE NO SURPRISE. FINANCIAL COMPANIES HAVE BEEN PLAYING WITH THE BOOKS FOR YEARS

THIS WOULD BE NO SURPRISE. FINANCIAL COMPANIES HAVE BEEN PLAYING WITH THE BOOKS FOR YEARS

Byaaronmat-admin

[email_link] For the past two years, MF Global Holdings Ltd. may have disguised its debt levels to investors by temporarily slashing the debt it was carrying before publicly reporting its finances each quarter, according to an analysis by The Wall Street Journal. The activity, referred to in the financial industry as “window dressing,” suggests that…