Citi CEO is expected to announce major cuts today (20,000? 35,000?) and rival JPMorgan Chase is rumored to be announcing 10% cuts, similar to Goldman Sachs. It's no surprise that the Wall Street giants are adding to previous cuts as it becomes more obvious to everyone that this economy is not going to turn around any time soon.
Adding to previous cuts in an already decimated industry, McClatchy will be slashing another 10% in addition to the previous cuts. What a way to end the year.
Health Care Is Like A House In Much The Same Way That The Internet Is Like A
Truck
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Rush Limbaugh compares health care to real estate.
47 minutes ago
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