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Currently viewing articles tagged with Wall Street.
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Web Exclusive: Welcome to 2011 - The American Dream lives on while you’re sleeping
Investors and traders celebrated the New Year, thinking the market will boom in 2011. The tens of millions unemployed, foreclosed or already homeless went to sleep early—to escape the pessimism that has descended on the middle and lower middle classes in much of the country.
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Wall Street’s Killing Fields
The pundits are very busy these days looking for scapegoats among the swindlers, liars and manipulators who by their greed and excesses have caused the meltdown that led to this mother of all stock market crashes. Now it’s true that in the midst of every economic boom some masters of the universe exercise no scruples in grabbing their share, and then some, of the profit bonanza; and when conditions sour, find novel ways of hiding their true bottom lines to keep investor capital coming their way.
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