Investors Hit BofA Loan Modifications

Bank of America Corp.'s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody...

The People's Hedge Fund up and running

"StrategeryCapital Management LLC The people's hedge fund About Strategery Strategery is a unique hedge fund. It is the largest in the world, with expected initial capital of $700 billion. It has a free and unlimited credit line should it need more. It has no fixed mandate,...

Clegg defeats rebels over LibDem tax plans in UK

Following Liberal Democrat leader Nick Clegg's announcement that the British political party would take a turn to the right and announce a plan to lower taxes, Many in the party are unhappy with Clegg's decision to bring it to the right, But Clegg has survived a grilling in a...

30 militants killed in northwest Pakistan

In an intensified battle against suspected militants American forces have  killed 32 people, including three women.  The Sunday death toll resulted from the latest round of a military offensive in the insurgent-infested Bajur tribal region, which borders...

Troops seize 15 MILF camps

"MANILA -- Thousands of troops backed by air and artillery fire have captured 15 strongholds of the Moro rebels in the southern Philippines after five days of intense fighting, officials said Monday. More than 272,000 villagers have also fled their homes due to the ongoing...

Biofuels company ditches NZ

    Leading United Kingdom biofuel producer Argent Energy is shelving plans to invest more than $100 million in New Zealand. " Dickon Posnett, managing director of Argent Energy's NZ subsidiary, says New Zealand's proposed legislation in the Biofuels Bill makes...

Is my bank safe ?

" Hearing about bank closings will make any optimist uneasy about the future. so I thought this might be a good time for everyone to know if their accounts are insured and if their bank is healthy or not. Here is some info about FDIC..from FDIC.gov.What Is the FDIC? ...

Nepali Constituent Assembly fails to "elect" Ramraja Prasad Singh as preside...

UPDATES: Despite counting with the support of the Maoist in Congress, Ramraja Prasad Singh did not gather 298  majority vote. While Prasad Singh  only got 282 votes of the 594-members Constituent Assembly, his political rival Ram Baran Yadav was only four votes...

Leaders to admit E Timor abuses

Finally truth has prevailed upon the leaders of Indonesia. After many years of Independence of Est Timor Indonesian leaders have have formally accepted to support militias with weapon , funding and operation help to target pro-independence supporters. This startling...