Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Save Money By Buying Gas At Night

"Save Money By Buying Gas At Night photo credit: richpix  The gasoline price gouging has gone on long enough in Vancouver - stations raise the price each morning and drop them later in the day. The average increase is 16-20 cents a gallon surcharge for the...

Meet "Germany's Dumbest Bankers"

If you thought you've had a bad week at work, consider the plight of Peter Fleischer and Detlef Leinberger, two German bankers who cost their company more than 500 million euros by approving a fund transfer to Lehman Brothers after the investment bank had already declared...

Cemetery officials illegally exhuming bodies in Hong Kong

China's anti-corruption body announced today that 18 senior cemetery officials in Hong Kong have been caught accepting bribes to prematurely exhume partially decomposed bodies from temporary graves in government-run cemeteries.""ICAC enquiries revealed that the arrested...

The Communist State of WalMart, What's Next?

" Wal-Mart Stores Inc said on Friday it has held meetings with U.S. store managers warning them of issues that could arise if Democrats win power"

Bell Canada Cutting 2,500 Management Jobs

Bell is cutting 2,500 management jobs to reduce costs, said telecom giant BCE on Monday. The timing of this is interesting, as the spectrum auction for cell phone providers ended just last week, with a number of independents looking to gear up against Bell and its other major...

Islamic hedge funds find a way of going short « Peter J. Cooper’s Weblog

"Barclays Capital, and the Dubai Multi Commodities Centre Authority, an agency of the Dubai government, today announced the first Shariah compliant hedge funds on the Al Safi Trust platform. This breaks new ground for Islamic investors and opens up an entirely new asset class...

Investing the Templeton Way: what is he backing now? « Peter J. Cooper’s W...

"Sir John Templeton is a remarkable billionaire investor, and even at 95 years old he is still making calls that put the brightest young hedge fund managers to shame. But based on his brilliant past record we can only hazard a guess at what this legendary investor is up to now. "