Monday, August 1, 2011

Banking giant HSBC posts $11.5 billion profit, announces plan to slash 25,000 more jobs

Banking giant HSBC posts $11.5 billion profit, announces plan to slash 25,000 more jobs - Americans for Political Change

The world might economies might be crumbling, but at least the banks are doing very well. The problem is that those profits are coming at the expense of most of us. Robin Hood in reverse?