Brian Gongol
The staggering costs of derivatives
Bear Stearns had $9 trillion worth of financial derivatives in its portfolio before it was bailed out earlier this year. By comparison, the entire US economy produces $14 trillion worth of goods and services every year. Meanwhile, the Federal budget deficit is likely to be almost half a trillion dollars this year.
Today is self-exam day
Take a minute or two and conduct some basic self-screenings for cancer. Early detection saves lives.
Clean water shortage becomes Galveston's biggest obstacle
