Archive for January 7th, 2010

US to register fastest manufacturing growth

January 7th, 2010 No Commented

Categorized Under: Economy

The fastest growth of manufacturing has happened in United States, not seen in three years. Manufacturing industries from 1930’s are the reason behind pulling the United States up, before falling into deep recession.
The employers in the last 11 months had cut the payrolls of 4.1 million workers. Now, industries such as caterpillar are bringing [...]

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Former Citigroup chief blames management

January 7th, 2010 No Commented

Categorized Under: Business

The citigroup former chief executive Sanford Weill blamed his successor for all the crisis the bank is facing.
He said that his successor Chuck Prince took many wrong decisions that lead the bank into major crisis. The former chief also said the higher risks were taken by Prince beyond what was needed, thereby letting its balance [...]

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