Damned If You Do: Profiting in a Recession

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Tuesday, July 14, 2009

Damned If You Do: Profiting in a Recession

While much of America remains mired in a recession, Goldman Sachs is booming. The investment bank just paid back the $10 billion loan it took from the federal government last year and...

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Sotomayor: Grilling the 'Wise Latina'

Yesterday was the first day of Sonia Sotomayor's confirmation hearings. Today the senators will get their chance to challenge the nominee on her rulings, speeches, and judicial philos...

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Buy Me Some Crackerjack! It's Baseball's All-Star Game

The Takeaway previews Major League Baseball's All-Star game with Takeaway sports contributor Ibrahim Abdul-Matin. The game in St. Louis tonight sees the National League trying to beat...

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Walking the Plank: The Sotomayor Hearings, Day Two

Yesterday the Senate Judiciary Committee kicked off the confirmation hearings for Judge Sonia Sotomayor. Republican members of the Senate judiciary committee cautioned that Sotomayor ...

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Judge Sotomayor, The Bronx is Watching

The Takeaway checks in on Sonia Sotomayor's old stomping ground: the Bronx. Joining the conversation are Mary McKinney, founder of the Concerned Residents Organization in the Soundvie...

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Goldman Sachs: When Good News Is Bad

Today, Goldman Sachs announced massive profits from the second quarter— $3.4 billion dollars. But as they announced the good news, they had to brace themselves to deal with some inevi...

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DJ Spooky: Civil Rights Unbound

Throughout the last century, the struggle of the civil rights movement has been documented in photos, speeches, poems and paintings. Paul Miller, a.k.a. DJ Spooky, mixed clips from...

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In Their Wildest Dreams: Goldman's Record Payday

The financial markets were in a frenzy yesterday after rumors started circulating about Goldman Sachs' earnings. Most analysts were expecting a record $2 billion in second quarter pro...

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Progress in Afghanistan?

As the U.S. military continues its operation in Afghanistan's Helmand province to flush out the Taliban and eradicate the area's opium trade, we check in with the troops. Brigadier-Ge...

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Record Earnings, Record Bonuses for Goldman Sachs?

Goldman Sachs has just released their earnings report showing that they made a jaw-dropping $3.4 billion profit from March through June. How are they doing it while the rest of the na...

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Do Goldman's Numbers Mean the Recession is Over?

Analysts were expecting Goldman Sachs to post around $2 billion in profit in their second quarter. But when the numbers were released they surprised everyone with a profit of $3.4 bil...

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