To the untrained eye, Argentina’s economic future might seem bullish. Under current President Cristina Fernández de Kirchner, an average annual growth rate of 7% has been impressive, and is lower than that of only one other government in Argentine history. Positive external forces have been working in the nation’s favor in recent years: new agricultural […]
Morgan Stanley re-pays Federal government +20% annualized return TARP bail-out funds.
AIG Executives have been given huge bonuses with taxpayer money, and everyone is furious. AIG claims that they have contractual obligations which predate the largest private sector bailout in history. Politicians say these obligations are secondary to satisfying taxpayers who are keeping them above water. Pundits, smelling blood in the water, have come out in […]
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