bailout

Wow! Its hard to believe that most of this financial crisis that our country is facing has to do with mortgages and people receiving them when it was clear they should not have. Now look what it has gotten us. Using unethical business practices may be ok for the short run when your pockets are being filled with money, but it always seems to catch up... and is bad for everyone.

Here's an article about the bailout bill that was not passed today.
http://features.csmonitor.com/creditcrisis/2008/09/29/why-the-bailout-bill-went-down/

Krista

http://weekly.ahram.org.eg/2008/916/in3.htm


here is an article about the economic situation right now....

krista

north korea starting a new nuke plant

http://www.csmonitor.com/2008/0925/p04s01-woap.html


i thought this was interesting, how are we letting north korea get away with building this nuclear plant? it seems obsurred to me, i think we should do something about this. let me know what you think.

ethics in china

heres an article about how china is allowing bad baby formula to be sold to families......
i dont see why they would allow that?

Krista

http://www.csmonitor.com/2008/0917/p01s03-woap.html

According to this article it seems like everyone is lying in the workplace about insignificant things as well. If workers are lying then what makes people trust the product that companies are selling. We tend to believe anything people say.


http://lifestyle.msn.com/your-life/just-dreaming/articlemc.aspx?cp-documentid=8318390

Krista

Can't Trust Anyone http://biz.yahoo.com/ap/080903/sec_subprime_charges.html

These two Wallstreet brokers told clients that they were investing in federally insured high risk securities, when they actually weren't covered at all and ended up falling through. Its scary when people who are dealing with someone's money, especially that much, would go and do that. 

More trouble...

I guess lots of companies are having trouble with data privacy according to this little article I found....

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080902005302&newsLang=en

Krista