Goldman Sachs Earns $1.74 Billion for 3rd Quarter

Goldman Sachs has done it again.  The controversial investment banking firm has once again managed to pull off record earnings during troubled economic times.  Earnings approaching $2 Billion for the third quarter have exceeded even analysts expectations.  This is in stark contrast to Bank of America which reported losses of $7.65 Billion for the third […]

The Ten American Industries Which Will Never Recover

As a result of research performed by 24/7 Wall St., there appears to be several sectors of the economy that have been so severely damaged by the economic collapse that they are in jeopardy of never recovering.  If other healthier sectors are unable to absorb these losses, then real recovery efforts for the US economy […]

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