Federal Reserve

CEO: 'Mentally Retarded' Could Work For $2 Wages, 'You're Worth What You're Worth'Speaking with a “Daily Show” correspondent about President Obama’s plans to increase minimum wage, Euro Pacific Capital CEO Peter Schiff ridiculed the idea, suggesting that the “mentally retarded” could work for $2 an hour, because “you’re worth what you’re worth.”
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.