Is The Fiscal Cliff A Genuine Threat? Or Just Another Handy Crisis?

Well we all know that the so-called “fiscal-cliff” is looming for new years day 2013. For months it has cast a pall of doom over the pending new years holiday.

Lawmakers Looking to Block $12.79 Million Bonuses

Government-controlled mortgage finance firms, Fannie and Freddie, have received around $169 billion of taxpayer’s money in an effort to prop them up, but it was recently revealed the firms were paying just 10 executives around $12.79 million in bonuses. This unwelcome news has prompted lawmakers to look at ways of blocking these hefty bonus packages,

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