Articles Tagged ‘Wall Street’
Dow Finishes Wild Week on an Up Note
The wildest week in Wall Street history ended with a second day of gains. The Dow Jones industrial average finished Friday with a gain of…
Movie Review: Client 9: The Rise and Fall of Eliot Spitzer
Client 9: The Rise And Fall Of Eliot Spitzer 2 1/2 stars Magnolia Pictures, Rated R The United States may brag about what an open…
Off the Reservation: Financial Foolery
Whether hunched over and texting on a tiny screen or slouched and lounging in repose beneath a large one, we seem to be evolving further…
Off the Reservation: The Wall
I’m building a wall. Not in the figurative or symbolic sense, but an actual, solid masonry wall in my backyard, simply because there isn’t one…
Echo Bubble
The federal deficit now stands at $12 trillion. Historic. New York State Comptroller Tom DiNapoli issued a statement warning New Yorkers that the state is “on track to spend $4.1 billion more this year than it will take in,” characterizing this deficit as “irresponsible and unacceptable.” On Long Island we are being squeezed by every taxing authority under the sun. But the government isn’t alone. Homeowners across America are underwater with mortgages they cannot afford and drowning in the highest household debt ratio in history.
