April 22, 2009
This is from an article in the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on “How Would You Fix the Economy?”
A friend of mine, Barry Thomas, who poked up his head from the middle of the corn and soybean fields of Illinois, believes the following plan is simple enough to fix the economy.
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October 13, 2008
Instead of outsourcing a call center or some other department, Sovereign Bank’s corporate officers, Sovereign Bancorp, is looking to sell out the Philadelphia-based financial institution to a foreign company.
Sure, we now live, more than at any point in history, in a global economy, but when it comes to me putting money in my bank, I want to know my bank is All-American. Jingoistic? No. Patriotic? Hardly. Overseas prejudice? Absolutely! When it comes to my money, where it’s kept, who has control over it, and the company that may go belly-up and legally owe – or be able to dodge U.S. laws – is of great interest to me.
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