Recession Briefing 2.11

What you need to know today to survive and thrive in the recession.

In A Toy Store Near You: Wall Street Victim Play Set (Cityfile)
“These poor people represent the emotions many of us went through as we watched our investments plummet to unimaginable lows and then plummet some more,” reads McPhee’s product description.

Some Banks Want to Return Government Money
(NY Times)
Goldman and Morgan Stanley would rather pay back billions in bailout money than let the feds have more say in their business.

Read more…

CNBC: Cuomo Subpoenas Thain

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A breathless Charlie Gasparino is reporting on CNBC that New York Attorney General has subpoenaed former Merril Lynch CEO John Thain over the $4 billion in bonuses that were paid out to the company’s executives late last year.