For Stockholders, Only

A Quick Recovery For Balance Sheets...
Built On Carnage In The Workforce

The U.S. unemployment rate surged far higher and has remained higher than in other major industrial countries. It's now at 9.6 percent.

The big shift came when companies cut American workers more aggressively than in foreign firms faced with the current financial crisis.

Banking Blood Money Audio Embed: Weekend Edition Saturday 9/4/10, Host: Scott Simon with Reporter: John Ydstie.

Illustration from the article: Fortune 500s Sharpen Their Axes.