Truemors
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... 
Small Business Banking is Dead. Auction your A/R to Hedge Funds
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There is $15 Billion of liquidity for businesses who want to sell their accounts receivables. The discount fee ranges between 1 to 4 % based on credit worthiness. The average duration of posting an... 
Indian Gold Prices at Record, Cooling Jewelry Demand
With constant hammering of stock market gold is fast emerging as the best source of invesmtment. Gold zoomed past all previous records to set a record . Gold dealers said melting stocks and forex markets left no other option for investors other than gold and they...
America! Why are we Bailing you out - The Pound undervalued
Quote from Gordon Brown speech 26 January 2009. “Our banking systems and our national banking systems have been shown to be totally interdependent and interconnected and while the crisis started in the United... 
New project aims to unite science and Hollywood
I'll always remember in Friends when Rachel keeps bugging Ross about the possibility of Jurrasic Park. Being a scientists, Ross flips out at the idea knowing it not being scientifically plausible. Anyways,... 
Obama Will Name Mary Schapiro SEC Chief
Obama Will Name Mary Schapiro SEC Chief"President-elect Barack Obama is expected to name Mary Schapiro to head the Securities and Exchange Commission under his administration, according to media reports late Wednesday. Schapiro is currently the chief executive of the...
Top 10 best-selling cars: Cheaper in Canada or U.S.?
Do you Canadians remember this time last year? Our dollar was flying high, and our people were demanding that cards, books, etc. be priced the same as in the US. And new cars .... many Canadians drove... 
Probing Golden West
"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...
created by MortgageAuditor | 1 year ago | updated 1 year ago
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