Occupy roundup: Movement celebrates two months of demonstrations CNN ...What started as the Occupy Wall Street movement in New York in September has spread across major cities worldwide as a call to action against unequal distribution of wealth...
JPMorgan Joins Goldman Keeping Italy Derivatives Risk in Dark Bloomberg ...As concerns mount that those countries (Italy, Ireland, Portugal, Greece and Spain) may not be creditworthy, investors are being kept in the dark about how much risk U.S. banks face from a default...
Gary Brown: Detroit could run out of cash in December, plan must include layoffs mlive.com ...Bing is expected to propose privatizing the city's public bus system and lighting departments, both of which have have been failing residents but reportedly cost them $100 million a year in subsidies...
State fines private prison operator $1.1 million over staffing shortage The New Mexican ...A Florida company will pay New Mexico $1.1 million in penalties for not adequately staffing a private prison it operates in Hobbs, a state official said...
Top House Democrat demands explanation of penalties for late foreclosures The Hill ...A top House Democrat is questioning why government-controlled Fannie Mae and Freddie Mac charged mortgage servicers millions of dollars in penalties for not moving fast enough on foreclosures...
Why conservatives can't get people to work hard (opinion) Noahpinion ...I'm not going to bust my butt for 30 years for a 1% shot at getting into The 1%. But I am going to bust my butt for 30 years if I think this gives me a 90% chance of having a decent house, a family, some security, a reasonably pleasant job, a dog, and a couple of cars in my garage. An ideal middle-class society is one in which everyone, not just anyone, can get ahead via hard work...
