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Wednesday, May 2, 2012

Financial News 05/02/2012

Frontline: "Bailouts institutionalized", "financial crisis never ended"
CNN Money: Debt inequality has surged along with income inequality
CNBC: U.S. balance sheet is over leveraged per Chief Economist
Bloomberg: Romney tax plan requires inevitable back-pedaling
NYFed: $98 billion of student loan debt held by people over 50
ADP: April non-farm payrolls 119k, over 200k less than weekly losses
BI: Inflation is the next best option for European economies
NYT: Lack of financial services perpetuates poverty abroad
AP: Euro-financial crisis solutions likely to be evasive at meeting
BBC: Eurozone jobless rate hits new high of 10.9%
Reuters: China PMI down for sixth month, contradicts ISM data

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