The chances that your 401 (k) is back where he crashed on the market last autumn.
But Goldman Sachs Group shareholders - including many of the employees - so that whether the merger was never produced.
Titanium with the Bank in this week's report from a record profit for the second quarter, and the population is over 150 $ per share, which closed Friday to $ 156.84.
, To the last of its losses after the disappearance of Lehman Brothers on 14 September 2008, was the trigger for the global economy and the market.
As for the judiciary? One of the main players on Wall Street extended orgy of speculation, before the debacle of 2008-09 is the first from the valley.
But although Goldman of 3.4 billion U.S. dollars quarterly profit rose sharply different barrier against the enterprises and the rich bonus follows almost inevitably from its employees, is a sad irony: Goldman has more millionaires of America, and exactly what the millionaires are hungry again, the government needs.
One day before the earnings report from Goldman, House Democratic leaders have their 1000-page proposal for the reform of the health system. To help cover the costs of securing millions of non-insured, the Democrats want to propose high-income surcharge fees - the financing of an additional 5.4% tax on adjusted gross income over 1 million U.S. Dollar for a couple.
Level, the search for income, in the outskirts of the desperation in that year that the Californians know only too well. On this day, seven money for the increased rate of income tax to close budget gaps. New Jersey, the space for many experts on Wall Street, has three new classes of tax for the year 2009, 10.75% with a marginal tax rate on incomes over 1 million U.S. Dollar.
Hawaii and Oregon, two increased their share of over 11% more than in California, with a maximum of 10.55% to U.S. $ 1 million more sales.
Of course, the idea is to make the federal government in the category of financial difficulties, it is repulsive in most countries, although most of the prosperity of society through taxes.
Lawrence H. Summers, President, Head of Obama economic advisers, said in a speech on Friday that the government wants the economy to "less on financial engineering" within the meaning of the measure of success.
That can be a long term plan. But short term, there is no faster way for the creation of wealth by the Wall Street, in addition to obtaining a lottery card.
The market value of the spectacular rise in the second quarter and the improvement of conditions in the markets for waste, with the help of Goldman can. Agreement on actions and commitments for the customer and the trade have also negotiated with its own capital - a specialty of the house.
In this case, what is good for Goldman is good for the rest of the nation, including: Before the business to improve the mood, the stock prices have to show confidence in the future.
"The markets maturing faster than many people believed that in the second quarter," said Brian Bethune, economist at the research organization of IHS Global Insight. "It had to," as the beginning of the real economy through the surveillance, he said.
The optimism of investors, this week the leadership of the Dow Jones industrial average of 7.3% for the five days of 8743.94 on Friday - just below the summit in the spring of 8799 was 12th June.
For those who believe that increasing the income tax will be ruinous for the economy, stocks rally against Democrats' plan would send no extra fee.
He tried that the troops of the Foundation that, if Congress goes along with the proposal of the award, the amount and the federal government for taxing the income of more than 50% in 39 states.
Scott Hodge, president of the Foundation in Washington said he was "very" - and it does not mean that in the right direction.
But after the accumulation of wealth by the richest of wealth in the last two decades, while the average income of working poor in arrears, is a surprise that the Americans as Hodge is a "redistribution" of income at the mood.
Although the rich stock, but also pay more taxes, said Hodge. The Foundation claims that the top 1% paid 40% of all federal taxes in 2006 (latest data available), compared with 19% in 1980.
If nothing else, Hodge said the government must be clear that it is a mistake to focus more on the instability of income are often rich, including the holders of small businesses. California, with its extreme dependence on taxes on income and capital gains to finance, has emerged as the best example of how not whether a tax system, said Hodge.
Larry Mishel, president of the Economic Policy Institute in Washington, no tears, from the high income before tax is higher, say that the income distribution in default.
"We have a system that enriches the rich," he says. "It does not economically and morally."
But Mishel and others in her camp also have another idea for decades, and May came to a new audience: a fee, for example from 0.25% in each year.
The promoter, a tax on transactions that have two objectives: It is necessary to place the Federal and serve the short-term speculation in the markets for long-term investment.
Historically, Wall Street has opposed a tax on transactions on the site, which will be creativity.
But the damage, the creatives "are the financial markets, the public could be with this type of choke.
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