European Debt Downgraded to Africa+
---- ADDIS ABEBA, ETHIOPIA ---- The three most influential ratings agencies today issued a sweeping downgrade of all Eurozone members'...
U.S. Postal Service Recruits Former UBS Trader Kweko Adoboli as Losses Mount
---- WASHINGTON, D.C. ---- Late Friday the United States Postal Service announced it has recruited former UBS trader Kweko Adoboli. "We...
Euro Tensions Soar on Greek XXX Rated Bond Issuance
---- ATHENS, GREECE ---- Greek Prime Minister George Papandreou was on the defensive today amidst fallout over his nation's latest triple...
Markets in Chaos. Companies Firing People Who Don't Even Work for Them
---- NEW YORK, NEW YORK ---- As the Dow Jones Industrial Average went negative again for 2011 and the S&P 500 plunged 31 points,...
