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The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout. ...more
October 6, 2008
TAMPA BAY AREA Unemployment On Rise The unemployment rate in the Bay area and the state continues to rise. According to statistics from the Florida Agency for Workforce Innovation, the unemployment rate in Florida rose to 4.7 percent in December, compared with 4.3 percent in November. The unemployment rate was 3.3 percent in December 2006. ...more
January 19, 2008
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