JPMorgan, the Wall Street firm that was bailed out by the feds a year ago, reported income of $3.6 billion in the 3rd quarter. With that kind of profit in the financial sector, it won’t be long before the whole economy is running red hot, right?
October 16th, 2009 | Bill Bonner | 4 comments | ContinuedAll Posts Tagged With: "Bureau of Labor Statistics"
Job Losses From Private-sector Rose Since Beginning of Recession
My disrespect for “public servants” who make more than their employers (the taxpayers) while doing an obviously poor job aside, in the category of “professional and business services”, that industry lost 122,000 jobs in April.
May 19th, 2009 | Mogambo Guru | 2 comments | Continued