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May 23, 2013

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Krugman on Romney’s ‘47 Percent’ Comment and the GOP’s ‘Disdain for Workers’

Mitt Romney’s remark reveals a truth about himself but also about the entire Republican Party: The GOP is just not worker friendly. Instead, the party lauds “job creators,” whom New York Times columnist Paul Krugman describes as the “employers” and “investors.”

Posted on Sep 21, 2012 READ MORE



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Facebook Shares Slip Below $30 Amid Probe of IPO

Days after a law firm launched a class-action lawsuit on behalf of investors against Facebook and its bankers, alleging that certain investors were given preferential treatment, Facebook’s shares dipped during Tuesday’s trading to near $29, more than 20% under its IPO price.

Posted on May 29, 2012 READ MORE


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Betting Big Against the Government

On Wall Street, a small number of investors are betting $4.8 billion that the U.S. government will fail to raise the debt ceiling in the next week and, subsequently, will default on its $14 trillion debt.

Posted on Jul 26, 2011 READ MORE  |  7 COMMENTS


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Investors Against Climate Change

We normally think of capitalists as ravaging the Earth with profit in their eyes. While that still might be true, 181 of the world’s largest investors have issued a united call for action against climate change, most importantly a binding treaty to cut pollution and boost funding for low-carbon technologies.

Posted on Sep 17, 2009 READ MORE  |  4 COMMENTS


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