Help Out There For Homeowners in Distressed Properties

The foreclosure market continues on, and more and more distressed properties are being added to the already overcrowded market each and every month, all across the country. The foreclosure rate also continues to...

Tea Party candidates and Clinton boom

Just when I thought that the Tea Party movement could not get any more ridiculous, I've found on the website of a Southern Tea Party candidate a claim that Bush and the Bush-era Republican Congress were liberals,...

Goldman left investors holding its subprime bag

Inside investment circular were the details of a secret $2 billion deal channeled through a tax haven.

Price Of Gold At All-Time High

The price of gold keeps on rising and has hit an all-time high of $1,040.15 per ounce after the dollar loses some of its value. The last time gold hit a new high, 1,032.80, was in March 2008. Gold and other metals have become increasingly popular among investors as the dollar...

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,...

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...

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 Bernard Madoff's alleged Ponzi scheme reverberated around the...

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...

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 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...

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