Big Wall Street Bonuses Carry a Hidden Cost for Society

Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won’t happen while the huge campaign contributions keep flowing. And the financial industry’s big money shell game drains away something …

QE2, Day One: Fed Buys $7.3 Billion in Treasuries

The Federal Reserve bought $7.3 billion worth of U.S. Treasuries Friday as it started a second round of quantitative easing meant to stimulate the nation’s economy, media reports indicate. The QE2 plan, designed to boost job cr…

Daily Blogwatch: Is Google a Monopoly?

Some of the best reads for investors from around the Web, including posts evaluating how consumers spend their money, whether Google could be considered a monopoly and the debate about the Fed’s policy on quantitative easing.
…