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Investment Advice
If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00...
How Does the Market Crisis Affect Me?
Update: the bailout bill has passed the Senate and now makes its way to the House (just like in that old Schoolhouse Rock cartoon), though the Toronto Stock Exchange (TSX) remains unconvinced...The market... UBS seen announcing 1,900 new job cuts
With world economy heading dangerously towards recesion banks have started cutting down jobs. After HSBC banks announced job cut few days back now UBS AG, the the European bank with the biggest losses...Administrators Axe 750 Jobs at Lehman Brothers in UK
Administrators PricewaterhouseCoopers have today given Lehman Brothers 750 workers in England their redundancy notices "with immediate effect". The financial institution is set to be sold for US$2.15...
created by Christina 123 | 4 years ago | updated 4 years ago
395 views | 5 recommendations | 1 comment
395 views | 5 recommendations | 1 comment
Still no word on solar tax credit extension
If you want to see the Solar tax credits passed in the US, call your Representative! The Senate just passed a version extending the credits for 8 years, that are set to expire this year. The bill has stalled in the House, and Bush is threatening a veto."Though both houses of...FAIL: TPG loses 1.35 billion in WaMu investment
Think you've lost some money? Not even close. Private equity firm, TPG, lost $1.35 BILLION because they invested in Washington Mutual six months ago. If you've missed the news recently, WaMu just crashed, burned,...
created by Jason Sanders | 4 years ago | updated 4 years ago
342 views | 0 recommendations | 0 comments
342 views | 0 recommendations | 0 comments
Bank giant HSBC axes 1,100 jobs
Amidst the world economy heading dangerously towards recession and after two of the big bank's failur to stay afloat, job losses were ominous.India's IT sector has stopped hiring new software engineers. Recession...
created by Sanjay Jha | 4 years ago | updated 4 years ago
2326 views | 22 recommendations | 22 comments
2326 views | 22 recommendations | 22 comments
Vodacom's YeboYethu Offer a Huge Hit
YeboYethu, a specially-created sub-company of mobile telecom provider Vodacom, has sold out of all available shares, with demand at three times the volume of supply. The shares must be held for five years, as is detailed below.("Yebo" means "yes" in Zulu; "Yethu" means "ours"...
created by Jordan Yerman | 4 years ago | updated 4 years ago
562 views | 0 recommendations | 0 comments
562 views | 0 recommendations | 0 comments
India beats China as top investment destination for first time: UN
"New Delhi: Eighteen years after it started opening up its economy, India, for the first time, has replaced China as the most promising destination for foreign direct investment in the medium-to-long term, says a...Ralph Nader: My Father and the Bank Bailout
" I was up on Capitol Hill yesterday among the swarm of big bank lobbyists.And the first thing I thought of was something my dad -- Nathra Nader -- used to say:"Capitalism will always survive in the United...
created by Albert Milliron | 4 years ago | updated 4 years ago
827 views | 6 recommendations | 7 comments
827 views | 6 recommendations | 7 comments
Wall Street Socialists vs 4 million homeowners
" "...immense interlocked, incestuous borrowing… that's what is bringing down the entire banking system." " AIG, Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, IndyMac and Bear Stearns, bankrupt,... Socially and Environmentally Responsible Investment Industry's Major Annual C...
As socially and environmentally responsible investing continues to attract more investors and gain momentum in the marketplace, First Affirmative Financial Network and the nonprofit Social Investment Forum (SIF)... Update: Stock Market Tanking? Don't Blame Regulators!
Stocks, bonds, derivatives, marginal trading, hedge funds. Personally, I've just about had it! It is a given that the stock market and investment banking, when mentioned and discussed, causes many people's eyes... 1702 views | 119 recommendations | 28 comments
Tar sands - the new toxic investment
It's no secret now that financial market is undergoing 'technical difficulties'. But according to investors in Shell and BP, if they continue to involve themselves in unconventional energy production in areas such... Ex-bankers should open gold and silver coin shops
" Retail investors have been a bit quicker to jump ship than many experts on Wall Street who will now gradually see the logic of investment in precious metals during a period of reflation. So there is going to be big money in owning a coin shop where retail clients can buy...
created by arabianmoney | 4 years ago | updated 4 years ago
297 views | 0 recommendations | 1 comment
297 views | 0 recommendations | 1 comment
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