Now let me get this straight. Goldman Sachs (GS), aka “Government Sachs”, has just received the largest penalty ever imposed on a financial firm. Yes, a whopping $550 million. Relative to Goldman’s 2009 net income of roughly $12 billion, this represents less than 5%, or about two weeks worth of earnings. In the case of British […]
NO ONE! Let me “splain”, as Ricky Riccardo might say. Long ago, the U.S. was an agricultural leader, with 1 of 2 people making their livelihoods on the farm. Following that came the “assembly line”, which ushered in a period during which agricultural workers were drawn off the farms and into the factories, especially the early […]