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Ex-Nasdaq Chairman Arrested on $50B Fraud Charge
Bernard L. Madoff, chairman of Madoff Investment Securities is seen on his Manhattan trading floor in this photo taken Dec. 30, 1999 in New York. The former Nasdaq stock market chairman was arrested on a securities fraud charge Thursday, Dec. 11, 200...
Sterling Fall:How the Weak Pound is Affecting Travellers
With the pound falling to a record low against many of the world's major currencies, exchange rates will have a big influence on where we travel in 2009.Destinations where currency has slipped at the same rate as the pound - such as Cape Town in Sout...
US Bailout Hits $8.5 Trillion
Table courtesy of Global ResearchKey dates in the federal government's campaign to alleviate the economic crisis:March 11: The Federal Reserve announces a rescue package to provide up to $200 billion in loans to banks and investment houses and let th...
Crisis Balance Sheet US $4.28 trillion
Try $4.28 trillion dollars. That's $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on computations from a variety of estimates and sources (*).Not only is it a astronomical amount of money, its' a complicate...
Pirates Halve Ransom Demand for Super-Tanker
Somali pirates, who have been holding Saudi super oil-tanker for nine days, have reportedly halved their ransom demand of $25 million.While Islamist spokesman Abdirahim Isse Adow said Monday "the middlemen proposed a $15 million ransom figure for the...
US Agrees Bail-Out for Citigroup "Too Big to Fail"
The US government agree to the rescue of Citigroup, entering an agreement to guarantee up to $306bn in problematic assets and inject $20bn cash in capital, adding to the $25bn the company received last month under the Troubled Asset Relief Program (T...
Nice Blog, Very Informative.
Thanks
Posted: November 2nd, 2008 | More Reviews From jimmyjembrong | Report This Comment