Wall Street Weapons Return, Starbucks' CEO's Surprising Stance, Obamacare Report And More

March 21, 2013 Subscribe · Forward Weapons Of Mass Destruction Return To Wall Street Japan swore off nuclear weapons for generations after the bombings of Hiroshima and Nagasaki. Wall Street's memory vis-a-vis weapons of mass destruction is just a bit shorter. Ladies and gentlemen, whether you like it or not, the synthetic collateralized debt obligation (CDO) is making a comeback, Bloomberg reports. The numbers are small so far, and the bets being made with them appear to be sober. But that's always how these things start out. Continue reading... New Government Report Underlines How Obamacare Will Change America Starbucks CEO: 'I Am A Supporter Of The Minimum Wage Going Up' Freddie Mac Unaware Of Homeowner Complaints, Watchdog Concludes Garage Find Sells For $2.2 Million 12 People Left Behind During America's Recovery Fed Projects Grim Unemployment News McDonald's Makes New Addition To Menu McDonald's Proves That There Is Such Thing As Too Much Meat 12 People Left Behind During America's Recovery Obamacare's Uphill Battle: Public Still Uninformed, Divided As Big Reforms Approach Bernanke Surrenders To Elizabeth Warren On Too Big To Fail MOHAMED A. EL-ERIAN On the Ground in Europe As they scramble to sort out the mess in Cyprus, European officials would be well advised to constantly remind themselves of a reality that I suspect extends across the continent: Despite all the happy talk about smaller deficits and lower sovereign credit spreads, citizens are yet to feel any notable improvement in their actual standard of living and in their prospects. Day in and day out, this situation undermines the population's confidence in the timely responsiveness of their elected representatives, the political system and traditional political parties. The longer this persists, the harder it will be to pivot to the type of policy reforms needed to decisively avoid more years of economic difficulties. Continue reading... LYNN PARRAMORE Jamie Dimon's Ultra-American Rise and Fall: The Great Gatsby Meets Moby Dick They called him a hero. The most esteemed banker of his time. The captain who could steer the ship while others foundered. Now the truth is out, and Wall Street's golden boy, Jamie Dimon, has fallen to earth with a thud. Why did it take so long? Continue reading... RICHARD (RJ) ESKOW The Price of Evil at JPMorgan Chase At long last, people are openly questioning the competence and ethics of Dimon and his team. But nothing's really happened. Dimon's still the boss. Nobody's been charged with a crime. Continue reading... JANE WHITE The 11 Biggest Flaws With 401(k) Plans Since fewer than 10 percent of the population has a regular pension, a huge chunk of Americans depend solely on Social Security, whose typical benefit is around $12,000 to $20,000 a year. Continue reading... DAVE JOHNSON Important Bipartisan Currency Bill Introduced in House A new bill was introduced in the House today to fight currency manipulation, including China's. This bill would treat undervalued currency as a subsidy under U.S. trade law, meaning we could apply tariffs to goods from countries that do this. Continue reading... Received this from a friend? Sign up for alerts from The Huffington Post here. Unsubscribe here. Huffington Post, 770 Broadway, New York, NY 10003