How Much Pay is Too Much?

With the recent news that the new CEO of AIG is going to receive $7 million in salary, the topic of executive compensation is back in the headlines.  Some people believe that the pay package of incoming CEO Robert Benmosche is a sign that Wall Street is still out of touch with reality, and . . . → Read More: How Much Pay is Too Much?

NY Regional Manufacturing Spikes, Loan Charge Offs Continue to Fall

On Monday two more signals pointed to a stronger Q3 than many are expecting.

The behemoth credit card issuer JPMorgan Chase reported that its bad debt charge-off numbers have now falling for two months in a row. Not surprising as the unemployment rate has now peaked for this cycle and is now on its . . . → Read More: NY Regional Manufacturing Spikes, Loan Charge Offs Continue to Fall