Thursday, April 26, 2012

Today's Teamster News 04.26.12

Orders for U.S. Goods Decrease by the Most in Three Years  Bloomberg   ...Slowdowns in Europe and China may limit exports, while business investment cools after the strongest 10-quarter performance in a decade, leading to a slowdown in manufacturing...
Greek anger keeps German tourists away  Reuters   ...German tourists are in short supply in Greece these days, frightened away by reports of visceral anti-German sentiment in some places, fears of being stranded by strikes and television images of fiery anti-austerity riots...
Shareholders Revolt: Are Wall Street's CEOs Worth Their Pay?  Forbes   ...The CEOs of Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley had a total compensation of more than $80 million in 2011–a year where the last thing you wanted to touch was a financial stock...
Reprehensible Behavior a Cornerstone of its Business Model  Financial Armageddon   ...Although I (and many others) have long been critics of Wall Street's incredibly sleazy, recklessly psychopathic, and relentlessly self-destructive underbelly, there is another corner of the financial services industry that seems to have made reprehensible behavior a cornerstone of its business model...the insurance industry seems intent on making Congress look like a bastion of honesty and ethical behavior...
Investigative Report: Koch Industries and the Wisconsin Judiciary  Badger Democracy   ...With the help of methodical and systematic co-opting of academicians and institutions, Koch influence came to Wisconsin, still under the radar in 2009 – with a little help from a “non-partisan” judge…from Waukesha County...
Pennsylvania Primary: Blue Dog Democrats Lose Seats  Huffington Post   ...(Loser Jason) Altmire was a "huge favorite" based on the geography of the new district, but "boots on the ground and the energy of working families upset that paradigm..."