Subir Roy: Creating a post office bank – Business Standard

Subir Roy: Creating a post office bankBusiness StandardThe post office savings bank has huge deposits (totalling Rs 3.7 lakh crore at end-2009-10, nearly half of banking leader SBI's) but also makes huge losses (net deficit 94 per cent of revenue in an exceptional pay commission award-burdened year, …and more » More: …

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The food stamp nation?

Examples of food stamps. You may recall a few weeks ago during Newt Gingrich’s campaign when he referred to Barack Obama as “the food stamp president.” More: continued here

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Post office savings – The Hindu

Post office savingsThe HinduThe postal authorities introduced the “Senior Citizens Scheme” and paid an interest of 9 per cent on their deposits when nationalised banks were paying only 7 or 7.5 per cent interest. But the post offices paid the interest only on money deposited for … More: continued here

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PayPal co-founders fund pro-Paul Super PAC – Chicago Tribune

PayPal co-founders fund pro-Paul Super PACChicago TribuneWASHINGTON (Reuters) – Co-founders of online US payment service PayPal, now owned by eBay Inc, donated to the Super PAC funding group supporting Republican presidential candidate Ron Paul, the group Endorse Liberty disclosed on Tuesday.and more » More: continued here

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