Record Bank Profits and the American Dream Foreclosed

| Feb 1, 2010 | Economy / BusinessJP Morgan Chase launched the 2010 Wall Street Bonus Sweepstakes last month. The bank is still losing money on consumer services, but well-heeled investors and financial traders more than made up the difference. The bank announced $11.7 billion in profits and $26.9...

Stop the Merger Merry-Go-Round, We Need to Get Off

| Jan 18, 2010 | Economy / BusinessWhat may be the dumbest corporate merger of all time—the $165 billion deal that saw AOL gobble up Time Warner a decade ago—ended just before the holidays, when AOL formally spun off into a totally separate company. That AOL-Time Warner merger had been a disaster for...