A report is out this morning saying that United Kingdom tax payers could lose $107 billion (66 billion pounds) used to bailout the Royal Bank of Scotland and Lloyds during the height of the financial crisis of 2008. Margaret Hodge, … [CLICK TO READ MORE]
The recent high-risk trading losses by JPMorgan Chase, known as the “London Whale”, may reach $9 billion; more than 4 times what CEO Jamie Dimon originally confessed to.
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May 2, 2012 How does this sound? Over the next 4 years we could cut $520.9 billion from our debt by just ending certain corporate welfare programs. That’s more than one-half trillion dollars. Sounds good, doesn’t it. Well, how about … [CLICK TO READ MORE]