Monday, September 15, 2008

Eight years of corporate fascism. . .

. . .and Amurkkkins will vote based on the color of a man's skin. Fuck this country.

Stocks tumble amid new Wall Street landscape

NEW YORK - A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials losing 500 points in their worst slide since the September 2001 terrorist attacks. Investors recoiled after a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co.

AIG workers on edge as once-safe company in turmoil

By Bob Margolis Mon Sep 15, 5:39 PM ET
NEW YORK (Reuters) - Disbelief and anxiety were written on the faces of staff at American International Group Inc as they grappled with the idea that their company, which was once the largest insurer in the world and one of the safest places to work, was struggling for its survival.

HP to cut 24,600 jobs as part of EDS integration

SAN FRANCISCO - Hewlett-Packard Co. said Monday it plans to slash 24,600 jobs over the next three years, nearly 8 percent of its work force, as it combines operations with Electronic Data Systems Corp., the technology-services company it recently acquired.


Kit (Keep It Trill) said...

I wonder if HP will even be in business three years from now...

SagaciousHillbilly said...

Kit, They buy EDS and then l;ay off almost 25,000? Ya gotta ask yourself what kind of fucked up management they have going on.