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    Jan 27, 2012 |Story| Aberdeen News

  1. MF Global: Broker collapse costs N.D. state mill

    BISMARCK, N.D. (AP) - North Dakota's state-owned flour mill likely will lose at least $60,000 because of the collapse of a commodities broker the mill has used to guarantee prices for the wheat it buys, a state audit says. The Mill and Elevator was a...

    Tags: Investment Service, Companies and Corporations, Politics, Financially Distressed Companies, Government

    2. Jan 10, 2012 |Story| Los Angeles Times
  2. |Story
    3. Feb 1, 2012 |Story| Petoskey News

  3. Republican super PAC American Crossroads raised $51 million in 2011

    WASHINGTON (AP)— American Crossroads, the Republican “super” political committee that plans to play a major role in this year’s presidential campaign, raised more than $51 million along with its nonprofit arm last year, The Associated Press has learned. 
    WASHINGTON (AP)— American Crossroads, the Republican “super” political committee that plans to play a major role in this year’s presidential campaign, raised more than $51 million along with its nonprofit arm last year, The...

    Tags: Parties and Movements, Primaries, Companies and Corporations, Regional Authority, Politics

    4. Feb 1, 2012 |Story| Petoskey News

  4. Obama releases list of top money bundlers

    WASHINGTON (AP) — President Barack Obama’s re-election campaign identified its top fundraisers on Tuesday, including 61 people who each raised at least half a million dollars. Altogether, the more than 440 fundraisers collected at least $75...

    Tags: Solyndra LLC, Washington, DC, Anna Wintour, Harvey Weinstein, Elections

    5. Jan 1, 2012 |Story| WPIX-LTV

  5. Steep Toll Hikes Take Effect On NJ Highways

    Some New Jersey motorists got the shock of their lives this morning at toll booths.
    pix11.com
    Some New Jersey motorists got the shock of their lives this morning at toll booths. The second phase of a 2008-approved toll increase kicked in Sunday at 6 a.m. On the New Jersey Turnpike, tolls went from $2.20 to $3.30, a 53 percent hike; and on the...

    Tags: Commuting, Government, Hudson River, Executive Branch, Chris Christie

    6. Jan 31, 2012 |Story| Los Angeles Times

  6. 'Bundlers' raised at least $74 million for Obama campaign in 2011

    President Obama added nearly 100 fundraising heavy-hitters -- among them Hollywood stars and financial titans -- to his reelection effort in the fourth quarter of last year, according to a list released by his campaign today. In all, the campaign...

    Tags: Republican Party, Bain Capital, LLC, Finance, Political Fundraising, Barack Obama

    7. Dec 21, 2011 |Story| Baltimore Sun

  7. Punishments to fit the politicians' crimes

    I enjoyed the letter "A punishment that fits the crime: Sentence Schurick to register African-American voters." Tailoring punishment to fit crimes is exactly what good judges do. Here are some additional suggestions: Sentence Democratic congressman...

    Tags: Timothy Geithner, Judges, Finance, Justice System, Crime, Law and Justice

    8. Nov 4, 2011 |Story| Herald Mail

  8. rich text saves

    1&gt;banner of the year <a href="/ct-trav-0925-camping-wisconsin-20110925,0,3229614.story">who is </a> 2&gt; 3&gt; <img height="105" width="187" src="http://www.baltimoresun.com/media/thumbnails/photo/2011-10/210821800-25140619.jpg" /> 4&gt;<iframe width="560" height="349" src="http://www.youtube.com/embed/pChzOaIeyxY" frameborder="0"></iframe> 5&gt;<object width="560" height="315"><param name="movie" value="http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US" type="application/x-shockwave-flash" width="560" height="315" allowscriptaccess="always" allowfullscreen="true"></embed></object> Groupon's stock shot higher in its first day of trading as a public company on Friday, with shares jumping 43 percent. The Chicago-based daily deals company's shares opened at $20 per share and quickly rose $7.71 to $27.71. It is trading on the Nasdaq under the ticker GRPN. Groupon Chief Executive Andrew Mason was in New York to ring the Nasdaq opening bell on Friday. He also posted a short message on the company's official blog that contained no trace of the quirky humor or references to cats that have marked his other correspondenc Still, the report suggests that President Barack Obama will likely face voters with the highest unemployment rate of any post-war president. The Labor Department said the economy added 80,000 jobs in October. It was the fewest in four months and below September's revised total of 158,000. The government revised August and September's data to show 102,000 more jobs added. Even so, October's modest job growth is barely enough to keep pace with population growth. About twice as many are needed to lower the unemployment rate. Many employers are hesitant to step up hiring until they see steady demand from consumers. Healthier consumer spending was the key reason the economy expanded at an annual pace of 2.5 percent in the July-September quarter, the best quarterly growth in a year. Growth in consumer spending tripled from the spring, despite renewed recession fears and wide fluctuations in the stock market. But economists worry that the summer spending gains can't be sustained. For one thing, Americans spent more in the third quarter even though they earned less. And they used their savings to make up the difference. Without more jobs and higher wages, consumers are likely to pare spending in the months ahead. Consumer spending is important because it accounts for 70 percent of economic activity. The economy generated an average of 130,000 jobs per month in the third quarter, up from 97,000 in the preceding three months. Still, that's down from 166,000 in the first three months of this year. The biggest change was August. Initially, the government said employers added zero net jobs that month. It has since been revised twice to show 104,000 jobs added. A raft of data Thursday offered a mixed picture for the economy and hiring. The number of people applying for unemployment benefits dropped below 400,000 for only the third time this year, the government said. Still, applications would need to fall below 375,000 to signal sustained job gains. They haven't been at that level since February. Services companies, which employ about 90 percent of the work force, hired more in October after cutting jobs in the previous month, according to a survey by the Institute for Supply Management. Overall growth for the service sector was mostly unchanged from September's slow pace. Companies ordered more factory goods in September for a third straight month. The gain occurred largely because businesses spent more on industrial machinery, computers and software. It's a sign that in the sluggish economy, many companies are investing in equipment but not in new hires. Businesses are getting more out their existing work forces while paying less to employ them. Worker productivity rose in the July-September quarter by the most in a year and a half. At the same time, labor costs fell. Higher productivity is generally a good thing. It can raise standards of living by enabling companies to pay workers more without raising their prices and increasing inflation. But without strong and sustained customer demand, companies are unlikely to hire. Federal Reserve Chairman Ben Bernanke said Wednesday that growth is likely to be "frustratingly slow," after the Fed sharply lowered its economic projections for the next two years. The Fed now says the economy will likely expand no more than 1.7 percent for all of 2011. That's down from its June forecast of 2.7 percent to 2.9 percent. And it predicted growth of only 2.5 percent to 2.9 percent next year, nearly a percentage point lower than its June estimate. The Fed said it doesn't expect the unemployment rate to be any lower this year. And it sees unemployment averaging 8.6 percent by the end of next year. Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.Corzine, 64, had run Goldman Sachs &amp; Co from 1994 to early 1999, and was later a U.S. senator from New Jersey and governor of that state.MF Global, a company that Corzine joined in March 2010 and had once joked was viewed as "too small to care about," had been his ticket back to Wall Street.Corzine's departure came after MF Global's $6.3 billion bet on sovereign debt from Belgium, Ireland, Italy, Portugal and Spain scared away clients, counterparties and investors.The New York-based company's decline accelerated last week after it revealed more details about this exposure, posted a larger-than-expected quarterly loss, and was downgraded by major credit rating agencies to "junk" status.U.S. regulators, meanwhile, are conducting a broad review of the company's business as they try to track down more than $600 million of missing customer money.It is unclear how Corzine's resignation might affect the various investigations. Neither MF Global nor Corzine has been accused of wrongdoing.&lsquo;GREAT SADNESS'
    1>banner of the year who is 2> 3> 4> 5> Groupon's stock shot higher in its first day of trading as a public company on Friday, with shares jumping 43 percent. The Chicago-based daily deals company's shares opened at $20 per share and quickly rose $7.71 to...

    Tags: Facebook, Business, Labor Markets, Politics, Credit and Debt

    9. Nov 8, 2011 |Story| Los Angeles Times

  9. What to watch for on election day 2011

    Washington Bureau
    The Big One is still 52 weeks away, but the results from a host of local elections today may offer fresh clues about the state of play in politics just as the presidential nominating process is set to begin. At stake on this "off-year" general election...

    Tags: Parties and Movements, Joe Manchin III, Health Insurance Cost, National Government, Regional Authority

    10. Jul 20, 2011 |Story| WPIX-LTV

  10. Christie Gives NJ Marijuana Law Green Light

    New Jersey Governor Chris Christie says he will allow the state’s medical marijuana law to move forward after it was legalized by former Gov. Jon Corzine last year.
    PIX11.COM
    New Jersey Governor Chris Christie says he will allow the state’s medical marijuana law to move forward after it was legalized by former Gov. Jon Corzine last year. According to Christie, he will move forward with the law despite initial concerns that...

    Tags: Drug Trafficking, Laws, Judges, Medical Marijuana Therapy, Justice System

    11. Aug 9, 2011 |Story| WPIX-LTV

  11. Cuomo, Christie Play Blame Game Over Proposed Hudson River Fare, Toll Hike

    Did they know or did they not know? Days after the largest-ever proposed toll and fare hike on Hudson River crossings, people want to know what Governors Andrew Cuomo and Chris Christie knew about this latest possible hit to your wallet.
    PIX11.com
    Did they know or did they not know? Days after the largest-ever proposed toll and fare hike on Hudson River crossings, people want to know what Governors Andrew Cuomo and Chris Christie knew about this latest possible hit to your wallet. The two issued a...

    Tags: Washington (U.S. state), WPIX, Hudson River, Local Government, Michael Bloomberg

    12. Jun 29, 2011 |Story| WPIX-LTV

  12. New Jersey On The Brink Of Shutdown

    A billion dollar dispute between Republican governor Chris Christie and the Democratic-controlled legislature will shut down the Garden State before the end of the week, unless the two sides can come to a compromise.
    PIX11.com
    A billion dollar dispute between Republican governor Chris Christie and the Democratic-controlled legislature will shut down the Garden State before the end of the week, unless the two sides can come to a compromise. Wednesday, both houses of the New...

    Tags: Republican Party, Government, Budgets and Budgeting, Executive Branch, Elections

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Jon Corzine Photos
Year filed for bankruptcy: 2011 Total assets: $41.05 bi...
(October 31, 2011)
MF Global Holdings