What Recession?

By Tom Johnson

Jul 15, 2009 9:51am

Couple small notes in the news today…

While the nation continues to be mired in a deep recession there are some who are bucking the trend.

Goldman Sachs has paid back its bailout money, rebounded and is now reporting stunning profits.  The bank has reportedly already put aside $11 billion for year end bonuses. 

Rick Wagoner, the former CEO of General Motors, who saw the company collapse into bankruptcy, will receive an $8 million retirement package.

And the Wall Street Journal is reporting that the most expensive home in the country has sold.  It's a $43 million mansion in Aspen, Colorado.    

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus