Posted in General on May 17th, 2010 at 6:09 PM


(source: Newsweek)

"$1.2 billion... The amount that Goldman Sachs CEO Lloyd Blankfein told Congress the bank lost from its activities in the residential-housing market in 2007 and 2008. Overall, Goldman earned $15.6 billion during those two years."

"2.7%... The personal savings rate for Americans in March. The post-crash savings rate peaked at 6.4 percent in May 2009, and hasn't been below 3 percent since October 2008." ---Good sign that the most consumptive economy in the world is back on track??