The Chairman of the US Federal Reserve, Ben Bernanke last week declared rather cautiously that the recession is over! If so, should federal bank bailouts continue? Read the rest of this entry »
Archive for category Financial News
How do consumers manage their debts going forward? This is a very tricky balancing act to get right. The reason it is tricky is because we face very complex cross currents. Read the rest of this entry »
A study by the Migration Policy Institute has shown that the recession had direct impact on global migration. The number of people traveling abroad for work opportunities has been decreasing while majority of immigrants have chosen to remain Read the rest of this entry »
Shareholders want Boards Out
Sep 29
Public outcry against banks during this recovery period especially on the issue of huge salaries and benefits bankers have accrued to themselves has gone a step further as many shareholders are vehemently opposing directors of banks over matters relating to big salaries and rewards against poor performance of stocks. Many shareholders simply want boards to be scrapped. This was revealed in a recent study. Read the rest of this entry »