You don’t hear much about the Teamsters union these days. If you do, it’s likely more about pension fund insolvency. Or one of Scorsese’s gangster flicks. Such news begs to ask, “Is organized labor trying to make a comeback?” And, if so, “What chance does it have of success?” Union members vote to create a… Read More Teamsters to create “Amazon Division”
Whoah. “All of us at Walt Disney World Resort are deeply saddened today by the loss of one of our Cast Members,” said George A. Kalogridis, president of Walt Disney World Resort in a statement to WFTV. “This is a tragic accident, and we are providing resources and care for those impacted and are working… Read More Walt Disney World deadly industrial accident near Pop Century
The 24 arrestees, comprising 15 women and nine men, spent several hours in a jail in South Boston, but are unlikely to face any serious charges. via Bank of America: 24 People Arrested in Boston Protest.
If you’ve used Google Maps in a major metropolitain area, you may have noticed one or two “neighborhood labels” that seemed bizarre and new to you even though you know the area quite well. Here is a link to Home Junction on Google Maps. As best as I can determine, some of these names go… Read More Home Junction
“I had grossly underestimated the level of extraordinarily unethical and even fraudulent behavior that had occurred on such a large scale,” Ferguson tells All Things Considered host Melissa Block, in a conversation airing Friday. via Inside Job Director Charles Ferguson, Taking Wall Street Firmly To Task : Monkey See : NPR.
Heres something for your “can this possibly be for real” file this morning. Over at the Buffalo Beast — the former print alt-weekly turned online newspaper founded by onetime editor Matt Taibbi, typically best known for its annual list of “The 50 Most Loathsome Americans” — there appear to be recordings of a phone call… Read More New Versus Classic Koch
Apparently, Goldman Sachs would be in trouble if it were a Vegas casino. The issue deals with things called front-running and derivatives trading against its own investors. For the rest of us, “derivatives” is a general term used on Wall Street to describe any kind of securities trading that is done off the market and… Read More Lloyd! 8==>
God bless MATT TAIBBI. He got it right again! This is the most important issue in America right now and the only magazine to deal with it right is Rolling Stone? Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash.… Read More Wall Street’s Bailout Hustle : Rolling Stone
Los Angeles is one of the most difficult places for job seekers in the U.S. | Money & Company | Los Angeles Times.
Awww, man. Conflicting U.S. jobs data and mounting concerns about debt defaults abroad that threaten global economic growth triggered a worldwide wave of stock-market volatility Friday amid fears that the improving U.S. economy could unravel. A mixed jobs report from the Labor Department, including a revision that showed that 2009 job losses were far greater… Read More Global market turmoil hints that U.S. recovery may founder | McClatchy