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Paying taxes today? Bank of America, Morgan Stanley, and others got a refund last year

Six of the most profitable companies in the U.S. were due a tax refund last year, according to a new analysis. WalletHub reported Tuesday that Abbott Laboratories, Morgan Stanley, Bank of America, AIG, Bristol-Myers, and Verizon – all listed on the S&P 100 – paid an overall negative tax rate…

Drink it while you can: Study points to looming global wine shortage

Attention wine lovers: savor every last sip, as researchers say there may be a global shortage looming. Wine prices could shoot up because of a fall in production and growing thirst for wine among Chinese and Americans, Morgan Stanley research said in a report Wednesday. World production peaked in 2004,…

Bailed out Wall Street firm caught on tape: tells staff to deny payout is a bonus

Your tax dollars at work. Bush rolled out TARP with little oversight and this is why almost no one has sympathy for the banks and financial firms that have done everything in their power to keep living the high life on your dime. This Huff Post piece by Sam Stein…

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