Goldman Sachs posts massive profits

US bank Goldman Sachs has posted third-quarter profits that are more than three times the earnings it made at the same time last year.

http://english.aljazeera.net/news/americas/2009/10/20091015164452667523.html



Goldman Sachs: Your tax dollars, their big bonuses

Goldman Sachs is having a banner year, and is getting a big boost from government programs.

http://snipurl.com/sk360



Recession Will Be 'Full-Blown Depression': Strategist

This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.

http://www.cnbc.com/id/33341496



Dollar May Drop 20% More, Harvard's Ferguson Says

The dollar will extend its drop versus the euro over the next two to five years, falling as much as 20 percent to an all-time low under a widening U.S. budget deficit, Harvard University's Professor Niall Ferguson said.

http://bloomberg.com/apps/news?pid=20601087&sid=aZYblKZy9jTs



Britain is in danger of going bust, warns EU

Britian's economy was consigned to a list of those at 'high risk' yesterday because of the spiralling national debt.

http://snipurl.com/sk36y


From Information Clearing House



http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=bonus
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=budget+deficit
http://freepage.twoday.net/search?q=national+debt
http://freepage.twoday.net/search?q=stimulus
http://freepage.twoday.net/search?q=Main+Street
http://freepage.twoday.net/search?q=Niall+Ferguson

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