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The final financial post of 2009 for Top Finance Blog, and I thought it would be interesting to see what the best and the worst financial news of the year was. There was way more bad news than good news, and to answer the question of which one we want to address first, let’s get [...]
The Treasury Department today gave GMAC Financial Services another $3.79 billion dollars, bringing the total amount they’ve been given to more than $16 billion and, in effect, giving the government 56% ownership in the company. Who needs a quick loan? Supposedly, this new money is to help shore GMAC up to make sure they don’t [...]
It’s tough being a liberal, wanting a national health care plan, not thinking it could get done, then when it seems it’s done not liking many things about it. That may be a bit much, but there are enough things I don’t like about it that I already know, and trust me I haven’t read [...]
Finally some good news as we get close to leaving 2009. Holiday sales were up 3.6% over last year, with a lot of those sales coming through online purchases. There was a major surge in purchases from Black Friday through December 24th, over 18% higher than last year, and it seems that after the holiday [...]
A year ago I wrote my financial goals for 2009. I don’t often use this blog to talk about my personal stuff, even though I share my opinion on financial news items. However, every once in awhile I think it’s important to hold myself accountable in person in my attempt to make myself better and [...]
The National Federation of Independent Business came out with a report saying that the hiring of temporary workers is not only up, but is surging. In the last month alone, around 52,000 new temporary positions were filled, and that gives the organization a feeling that, at least for some companies, regular employment might be just [...]
A recent survey conducted by Price Waterhouse Coopers (PWC) asked hospitals what was the most important thing for them to do in 2010. The number one response was to cut costs. As soon as my mind saw that, one word immediately popped into my head: “Still?” Many people believe hospitals are making money hand over [...]
