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Federal Reserve

(Photo by Andrew Burton/Getty Images)

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.”

01/30/2014

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On 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.

09/11/2012

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