MyLifeDump

If you happen to be in the U.S then by now you have heard about the Government takeover of Fannie Mae and Freddie Mac. This news was surprising to not that many people as the takeover was inevitable.
Freddie Mac and Fannie Mae were the largest provider of U.S mortgage securities. Their business model involved [...]

If you were the CEO of Merrill Lynch, you made $83 Million joining a company that has been badly hit by the worsening U.S Economy. AP did a survey on the salaries and signing bonuses given to CEOs and found out that even though the economy is in the tank, CEOs seem to be doing [...]

Let me first start by saying that I personally don’t seem to believe that the U.S is in recession or will fall into one anytime soon. Things are gloomy but that doesn’t mean it is a recession. For the past few years, U.S has made average american believe that there is sunshine all over the [...]