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Special zone for China in Sri Lanka
First time ever Sri Lanka had set up a specific area for foreign companies, and China's Huichen gets it. "Sri Lanka's investment promotion agency, the Board of Investment, said it signed a deal with China's... SEC charges brokers with Collateralized Mortgage Obligation fraud
" In a lawsuit filed yesterday in the US Southern District Court of Florida, the SEC alleges the brokers presented the CMOs as suitable products for retirees and conservative investors. In some cases, the CMOs were... Noam Chomsky: Obama's New Economic Plan is Bush's Old Plan
Liberal activist/author/icon Noam Chomsky recently gave his opinion on the Obama - Geithner economic plan. Chomsky says that “they’re simply recycling, the Bush-Paulson measures and changing them a little,...
created by TheCameraObscura | 14 wks ago | updated 14 wks ago
490 views | 62 recommendations | 7 comments
490 views | 62 recommendations | 7 comments
Mearns artist sees investment paying off
EVERYONE's pocket has been hit by the credit crunch. Be it the collapse of a popular high-street brand, the loss of money through bank collapse, or just the soaring cost of living. Well, except one young... Hellishly Hot Sauce Dedicated to Bernard Madoff
New York - Alex Gardega has concocted a fitting tribute to disgraced mogul Bernie Madoff: a fiery habanero sauce that'll definitely burn. The text on the bottle reads: "You can take the money but... Angry Iceland Takes on Global Credit Crunch Capitalists
Ice-cold Icelanders demonstrated today outside their parliament, the Althingi, angry with the country's descent into economic crisis. Around 4,000 to 5,000 people gathered in the capital Reykjavik out of a... Asian stocks rally on economic recovery hopes,Nikkei soars
Defying all the negative perceptions Stock Markets in Asia rose on Monday at the beginning of the new year. Japan's Nikkei, Indian Sensex took cue from Wall Street. Indian stock market gained momentum on Monday... Ten signs of insolvency
The warning signs were all there, first identified by the partner in a firm that cleaned up after the corporate excesses of the '80s, and dusted off today in Australia's Sunday Mail. " 1. A company Mercedes-Benz... Madoff Fallout Victims Include Pensions and Charities
The Wall Street Journal has published a comprehensive list of banks, companies, non-profit organizations and individuals that are facing losses in a scheme that's rocking the financial world." The fallout from... Hedge Funds to Cancer Patients: “Die.”
It is just what we have been saying all along. The thugs on wall street have been crushing the stocks of certain companies that do cancer research. Here is the undisputed proof of what has been going on with... Asian stock soar on global cues
The Mumbai stock market Sensex opened higher on Tuesday, taking cues from a rally across global markets after the U.S. government's rescue of Citigroup relieved wary investors.Markets surged in the opening...Investors Await Commercial Real Estate Foreclosures
The 2009 Emerging Trends in Real Estate report released by PricewaterhouseCoopers LP and Urban Land Institute stated that the market value of commercial real estate is expected to bottom out in 2009, which could result in the increased flow of foreclosed properties into the...U.S. Approves Plan to Help Citigroup Weather Losses
"Citigroup executives presented a plan to federal officials on Friday evening after a weeklong plunge in the company’s share price threatened to engulf other big banks. In tense, round-the-clock negotiations that stretched until almost midnight on Sunday, it became clear...This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...The Dirty Secret of the Financial Crisis: Our Banking System's Broken
"Henry Paulson's $700 billion plan to save the world is dead or dying, but the bailout was not killed by his arrogance or his grossly misleading claims about what the public's money would buy. The plan collapsed because it didn't work. The Treasury secretary has launched a PR...
created by MortgageAuditor | 32 wks ago | updated 32 wks ago
118 views | 0 recommendations | 0 comments
118 views | 0 recommendations | 0 comments
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