Female armed robber stripped, beaten and set alight by mob.

Some times crooks get beat up here in the Philippines but not burnt, its normally a case of people not trusting the police because criminals some times bribe their way out of trouble. Sometime the police protect...

NH governor will sign gay marriage act

NH and other recent states are doing it right, through the legislature rather than courts." Gov. John Lynch said Thursday he will sign a bill to make his state the sixth to legalize gay marriage as soon as the...

Bills' Marshawn Lynch Arrested on Gun Charge

    Buffalo Bills running back Marshawn Lynch was arrested Wednesday night in southern California on a weapons charge. The arresting officers said they approached a 2006 Mercedes-Benz to find...

Will Obama bring Change to Medical Cannabis?

www.friendsofccl.com Contact: Reuven...

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...

Bank of America is Not Backing Out

"Bank of America Corp. Chief Executive Officer Kenneth Lewis said the bank's takeover of Merrill Lynch & Co. will be completed by the end of the year. "Lewis reaffirms Bank of America is buying Merrill...

The Case Of The “Disappeared” Minority Subprime Borrower

Minorities, the target of Subprime Loans, are now the major losers. A disaster that effects us all. See the report: "Foreclosed: State of the Dream 2008 – examines the racial bias of the subprime mortgage lending crisis, and the resulting huge wealth loss to people of color...

Lehman Bros., Merrill-Lynch and More Financial Round-Up

A volatile mix of bankruptcy notices and buyouts from some of the most well-established investment banks and insurance companies in the world this morning led to widespread market crashes across the globe....

This just has to be a great week for gold and silver! « Peter J. Cooper’s ...

"It looks like the financial crisis will claim its first big victim this week in the shape of Lehman Brothers, unless ‘a miracle occurs’ in the words of one observer. Meanwhile, shares in Merrill Lynch plunged 50 per cent last week on fears over its viability; American...

MERRILL LYNCH: US Sub-Prime Gambling Debts Paid for by British Tax Payer for ...

"  The US subprime market is a global event and threatens to undermine tax revenues of governments across the world. Merrill Lynch has run up a $29bn loss from its collateralized debt obligations, which are...

MERRILL LYNCH Gambling Debts Cost British Tax Payer for Next 60 Years.

"  UPDATE : Merrill Lynch pays $162 million in fines to New York city for misleading investors with their auction rate securities. As part of the agreement with Andrew Cuomo, New York’s attorney-general, the bank will buy back the debt instuments...

Congressman Wexler (D) Fl-19 Does't Live in Florida, high crime or misdemeanor?

 By Albert N. Milliron, Editor, Politisite.com Congressman Robert Wexler,  of the 19th District of Florida,  is one of the co-sponsors to impeach President Bush, and very vocal on the...

Merrill set to sell Bloomberg stake for $4.5bn

Some interesting news for those who follow the fate of Michael Bloomberg.  It seems the meltdown in the financial sector has allowed him to buy back a big stake of his empire from Merrill Lynch."Merrill Lynch is set to sell its 20 per cent stake in Bloomberg for about...

Merrill says GM bankruptcy "not impossible"

I guess that whole SUV thing was a bit short sighted..."DETROIT (Reuters) - General Motors Corp (GM.N) will need to raise as much as $15 billion in cash to shore up liquidity and bankruptcy is "not impossible"...

RBS Shareholders Take 95.1% of Stock in Rights Offer

In the biggest European share sale and the first one in the UK sinc ethe economic turmoil began, RBS has seen shareholders buy 95 percent of stock, giving it an additional 11.6 billion pounds."Royal Bank of Scotland Group Plc saidshareholders bought 95.1 percent, or 11.6...

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