40 per cent of white Americans don’t have any friends of another race | Toronto Star
"About 40 per cent of white Americans and about 25 per cent of non-white Americans are surrounded exclusively by friends of their own race, according to an ongoing Reuters/Ipsos poll.The figures highlight how segregated the United States remains in the wake of a debate on race sparked by last month’s acquittal of George Zimmerman in the shooting of unarmed black Florida teenager Trayvon Martin."
Fannie Mae sending $10.2 billion to taxpayers as profit swells | Reuters
"Fannie Mae, the largest U.S. mortgage finance company, said on Thursday its second-quarter profit nearly doubled to $10.1 billion, triggering another big payment to the U.S. Treasury that could complicate the debate over revamping Fannie a...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.