WELCOME TO AMERICA: Hundreds of thousands of jobs have vanished forever. Millions of people who were fired or laid off will find it harder..

Hundreds of thousands of jobs have vanished forever in industries such as auto manufacturing and financial services. Millions of people who were fired or laid off will find it harder to get hired again and for years may have to accept lower earnings than they enjoyed before the slump..

www.bloomberg.com

Lies, Threats, Deal: Paulson, Bernanke, Lewis

Revelations that Ken Lewis had his arm twisted at the highest levels of government to buy Merrill should make for some interesting litigation...

By Robert Lenzner
www.forbes.com

Obama: Clearing economic "wreckage," fixing U.S. image

President Barack Obama sought to reassure Americans on Wednesday he was making progress tackling the economic crisis and in fixing the U.S. image abroad, but urged patience...

U.S. President Barack Obama speaks during his 100-day anniversary news conference in the White House East Room in Washington April 29, 2009....

www.thestar.com

Did Bernanke Bully Bank of America ?

A new report by the New York Attorney General says that government officials bullied Bank of America Chief Ken Lewis into accepting a merger with Merrill Lynch--then ordered him to keep mum about losses at Merrill..

www.forbes.com

Busting Bank of America

The cavalier use of brute government force has become routine, but the emerging story of how Hank Paulson and Ben Bernanke forced CEO Ken Lewis to blow up Bank of America is still shocking. It's a case study in the ways that panicky regulators have so often botched the bailout and made the financial crisis worse..

http://online.wsj.com

Financial Aid Available for Adults Returning to School

Aralifestyle.com

The financial crisis has brought about new kinds of challenges for many Americans.

High gas prices, foreclosures and low wages are some well-known symptoms. One of the biggest obstacles, however, has been the feeling of uncertainty we encounter on a daily basis, whether it be our job stability, our family budgets, or even our ability to save for retirement.

With layoffs expected across a multitude of industries, many adults are taking action against this cloud of uncertainty by going back to school.

The Treasury and Commerce departments waste as much as $100 billion a year..

Bloomberg.com

While taxpayers and lawmakers fret about the $700 billion bank bailout, the Treasury and Commerce departments are among a list of agencies that waste as much as $100 billion a year on contracts, often managed in secret.

The 10 people who have profited most from the financial crisis

Timesbusiness.typepad.com: We’ve rounded up ten credit crunch Houdinis who’ve escaped the financial crisis and are laughing all the way to the ailing bank.

Ten people who predicted the financial meltdown

Timesbusiness.typepad.com: The financial events of recent weeks have filled many of us with shock and panic. Surely no one could have predicted that we would be in this mess? Well, actually, they did. Here are ten people who saw the financial meltdown coming...

BIG MAN ON CAMPUS. Business big shot: Sir Martin Sorrell

Business.timesonline.co.uk: Sir Martin Sorrell is expected to warn the world today that the economy is back in the “bath” – a vicious recession that is hitting revenues of WPP, the world’s second-largest advertising group.

And Nothing But The Truth: Bank Profits Mask Economic Peril Still Lurking

WashingtonPost.com: The earnings bloom, however, is probably a false spring, according to bank executives and financial analysts. Banks rise and fall with the economy.

As prosperity recedes, more people and companies are defaulting on loans. The nation and its banks still face grave challenges, they said.