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Monday, October 6, 2014

Budget

News                                                                                                                             
CNN Money | AIG trial puts Geithner, Bernanke and Paulson on hot seat
The U.S. government's $182 billion bailout of AIG in 2008 cameunder widespread attack for being far too generous.

Econ Comments & Analysis                                                                                            
Bloomberg | American Banks Stockpile Treasuries as Deposits Top Loans
American banks are loading up on U.S. government debt, a sign they remain cautious on the economy even with the jobless rate at a six-year low and corporations at their healthiest in a generation.
The Daily Signal | All About the Money: Why Government Spending and Debt Matter for Millennials
If you’re a millennial who recently returned to your college campus or started your first job, you probably haven’t paid much attention to the trillion-dollarspending measure Congress passed without much fanfare.