The Chinese will have whatever we’re having

This morning, Reuters reported that the Chinese government levied strong pressure to induce the European Central Bank to make some serious rate cuts, to maintain the continued growth of the Chinese economy. Reports of economic difficulties around the world stir sentiment in Beijing, mostly that the troubles facing the world...

Have you heard of a telephone? 1876

Wells Fargo cancelled a planned sales incentive and reward trip to Las Vegas last month as the outcry over companies plans to spend TARP (Troubled Asset Relief Program) funds on “excessive” indulgences swelled to epic levels. No banks receiving TARP funding should have meetings that involve travel or hotel expenses,...