TV personality and former Daily Mirror editor Piers Morgan is in the final stages of securing the coveted presenting slot as replacement for Larry King who has announced his retirement
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Morgan closes in on coveted CNN slot
MSNBC's Ratigan: Stock market an 'obviously corrupt' fraud Raw Story Wall Street is a scam . Tell us something we don't know. If the whole system is a fraud , then why do we bother supporting it by sending money to the same … and more
New York Daily News ' Wall Street Warrior' Pleads Not Guilty to $7M Ponzi Scheme Charges Updated 4 … DNAinfo MANHATTAN SUPREME COURT — A former hedge fund manager who was featured on the reality series ” Wall Street Warriors” was indicted Wednesday … Con artist Guy de Chimay, who claims to be royalty, charged in $7 million … New York Daily News all 112 news articles
' Wall Street Warrior' Indicted on $7M Ponzi… DNAinfo MANHATTAN SUPREME COURT — A former hedge fund manager who was featured on the reality series ” Wall Street Warriors” was indicted Wednesday … and more
Internet scam targets Palo Alto residents San Jose Mercury News Palo Alto residents have been the target of an Internet scam over the past two weeks in which a suspect attempts to sell counterfeit or … and more
The US Senate inches closer to passing a law that would make oil companies liable for unlimited damages in the event of a big spill, prompting strong objections from petroleum groups
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Senate moves closer to oil liability bill
FTC Targets ” Work at Home ” Credit Card Scam CardRatings.com Americans responding to ” work at home ” ads helped scammers pull over $10 million dollars from credit card accounts, according to investigators. … and more
Scam Alert Issued by BREMCO Go Blue Ridge (blog) … the resident is needed to look at work being performed near a power pole or right-of-way, and afterwards items have been reported missing from the home . … and more
Underwriting Tumbles to Crisis Levels Wall Street Journal Wall Street investment banks sold $1.36 trillion of stocks and bonds in the second quarter, down 33% from the second quarter of 2009 and the lowest … and more
Barr Rosenberg steps down as chairman of the US asset manager after an investigation into errors in the data systems used by the group he co-founded in 1985
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Shake-up at Axa Rosenberg
Initial emphasis on delivering iAds to high-end ‘apps’ will leave out most developers, who also complain that Apple is blocking the use of AdMob,
Here is a comment I want to share from someone who posts under the name “Nancy Drew” on this blog. Nancy Drew writes …Our daughters are 15 and 17. Most of their friends are very concerned about their parents’ financial situations and tell me their parents have too much debt. Whether their parents know it or not, these kids know exactly what is going on and they are scared. My oldest daughter told me this week that her friend “K”‘s mother is jealous of me. I asked her …
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Teenagers Scared Over Plight of their Parents; Attitudes – Bernanke’s Biggest, Most Futile Fight
It is easy to pick on Paul Krugman. So easy in fact, that it is not even fair sport. However, if you can separate the wheat from the chaff, sometimes there are nuggets of truth in what Krugman writes. For example, please consider The Third Depression.We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives …
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How Policy Errors Cause Depressions (and how "in isolation" some things Krugman says make sense)
The last-minute decision by the US Congress to scrap a $19bn bank levy to pay for the financial reform bill has left Wall Street nonplussed
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Wall Street sees little gain in levy win
Hey Fannie and Freddie your threats are falling on deaf ears. Don’t you know you will not be around in 5 years. Your broke, bankrupt, finished. What hypocrites! You screw the American people with your ponzi scam and now cry foul when it …
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Crackdown! Is The Massive Wave Of Strategic Defaults About To Come …
A hitherto unremarkable UK electronics company, has pitted two heavyweight US chief executives, from Emerson and ABB respectively, against each other
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Bids spark power struggle for Chloride
The UK energy group returns to banks looking for additional short-term loans to help tackle its growing liabilities following the oil spill in the Gulf of Mexico
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BP in move to raise more funds
Storm Scams WIFR In Illinois state law requires a written contract with all costs enumerated for home repair or remodeling work over $1000. • Prices are often high in the …
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Storm Scams – WIFR
Joseph Cassano, the former AIG executive whose financial-products division helped trigger a $180bn government bailout, launched a staunch defence of his business’s actions leading up to the financial crisis
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Former AIG executive defends actions
The world’s biggest seed company said it expected no growth at all in its herbicide division next year as it reported that net income in its fiscal third quarter dropped due to a collapse in herbicide revenues
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Monsanto quarterly profits fall 45%
Financing for Airbus’ next-generation passenger airliner has been thrown into doubt by a World Trade Organisation ruling that the company’s A380 super jumbo jet received illegal export subsidies from European governments
Regulators keep US group in suspense over renewal of its internet licence as bloggers suggest the battle may be over
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Beijing silent over Google offer
Wall Street History: iPhone Launches, IRS Born And ZZZZ Best Fraud San Francisco Chronicle Check out Wall Street History: Madoff Funnels, Buffett Gives And Ma Bell Marries.) There are people who will tell you they can't live without an iPhone. …
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Wall Street History: iPhone Launches, IRS Born And ZZZZ Best Fraud – San Francisco Chronicle
TPMDC (blog) GOPers So Opposed To Wall Street Regulation That They Voted For Bailout … TPMDC (blog) But given a choice between continuing the 2008 bank bailout and regulating Wall Street , several Republicans voted last night (and almost all of them will … and more
New scam targets Valley renters AZ Central.com (blog) There were pictures of the home and an e-mail address for the owner who said he was in South Africa doing contract work for the World Cup. …
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New scam targets Valley renters – AZ Central.com (blog)
Celgene, the US-based cancer company, is to buy rival Abraxis BioScience for $2.9bn in cash and stock
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Celgene buys Abraxis for $2.9bn
would step up efforts to pursue deficiency judgment—seeking to recoup the difference between the loan balance and the net proceeds of the foreclosure sale—against so-called “strategic” defaulters in states where such suits are allowed.
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Fannie wants to penalize. My "ARSE"…I have the solution! |
Move helps the US carmaker – the only one of the US ‘big three’ not to accept a bail-out from the US government – to lighten one of its most serious competitive disadvantages
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Ford trims debt pile by a further $4bn
But the big scam here is that Fannie Mae will have complete control over the carbon credits. Says patent attorney Johua D. Isenberg, “In effect, Fannie Mae has cornered the market for aggregating carbon credits from U. S. homes.” …
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SineQuaNon: Another Stealth Tax
The US internet company faces a new battle with European regulators after France’s antitrust regulator accused it of a ‘lack of transparency’ in its advertising service
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Google hit by French ruling on AdWords
FBI Keeps Wall Street in Its Crosshairs ABC News But it has now been two years since Wall Street helped cause a financial collapse – one which sparked a grueling recession and cost taxpayers more than $1 … and more
As you may recall, Raines and two other top Fannie Mae executives agreed to pay $24.7 million, including a $2 million fine, to settle a civil lawsuit filed in December 2006 accusing them of manipulating Fannie Mae earnings, allowing executives to pocket hundreds of millions in bonuses from … Looking at the big picture, Barack Obama, Albert Gore Jr., and a whole cast of other clowns stand to make yearly (gross) off of the greatest scam in human history – “global warming. …
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Raines takes his payoff – the game called Global warming …
For just under a year, the ECB has offered €442 billion to encourage lending. Instead, and easily predictable, the program did not increase lending and did nothing more than allow weak banks to roll over debts. The program is now ending and Spanish banks are screaming about the ECB’s “obligation to supply liquidity”. The Wall Street Journal has part of the story in ECB Walks a Fine Line Siphoning Off Its Liquidity. The European Central Bank is scrambling to reassure markets that …
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ECB Shuts off Liquidity, Spanish Banks Scream Murder; Spain and Greece Will Both Default
Donelson couple stuck with home -repair scam warns others The Tennessean ANSWER: Metro Police have a dedicated fraud unit, and its supervisor says this type of home -repair scam is a chronic problem, especially during warmer …
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Donelson couple stuck with home-repair scam warns others – The Tennessean
CBS News BP's Huge Political Donations Defy Company Code CBS News Ask anybody who lost his 401k, his home, or his fund to Wall Street greed, fraud and rapacious plunder– an abject failure of proper regulation in the … and more
Better Business: In a tough economy, job scams proliferate Memphis Commercial Appeal The Better Business Bureau has yet to see a legitimate work -at- home job that fulfills its promises of high earnings for part-time work , no experience …
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Better Business: In a tough economy, job scams proliferate – Memphis Commercial Appeal
Public unions in New Haven, Connecticut have not yet gotten the message that business-as-usual no longer flies. I am quite happy with that because the city responded by dumping public workers and privatizing services, and that is exactly what needs to happen. Firing public union workers actually creates jobs. How so? Let’s start with a look at the union position as described in War Is On In Custodian Negotiations Three hours after school custodians blasted the city for threatening to …
Kansas City Star Brown's threat gets bank tax removed Boston Globe Yet he has proved to be a highly adept negotiator in his own right on the Wall Street overhaul bill, using the leverage of his swing vote in the Senate to … Wall Street reform conference reopens Politico Joint panel agrees to end TARP early to help pay for financial reform Los Angeles Times Is Scott Brown a Game-Changer on the Financial Bill? National Review Online (blog) Reuters all 1,204 news articles
Larry King, America’s premier interviewer, will hang up his trademark braces on CNN this autumn and hand the reins to a new personality as the news network battles sluggish viewership in primetime
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Larry King calls time on CNN show
The government will surely step up its campaign to keep in place its social engineering strategy which is anchored in its “American Dream” scam . Remember that in 2009 Obama threw away the $400 billion bailout cap for Fannie and Freddie …
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Militant Libertarian » Failed Fannie Mae Will Pummel Mortgage …
The Detroit carmaker may sell its stakes in the financial-services group GMAC and parts maker Delphi, as part of its drive to further reduce debt
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General Motors eyes asset sales
Is that a 3-handle I see on the long bond and a 2-handle of the 10-year treasury? Why yes it is. Treasury Yields – Weekly Close click on chart for sharper image The week is not over yet but this looks rather ominous. Treasury yields are back where they were in April of 2009 at the start of the so-called “recovery”. I am not quite sure why the 3-month treasury displays as a flatline at .5. The flatline is closer to 0. Consumer Sentiment Plunges Inquiring minds note …
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Consumer Confidence Dives; Treasury Yields Plunge to April 2009 Levels; An Economic Depression is Here – Congress, the Fed to Blame
A group of former Bank of America executives has agreed to acquire a chain of Florida banks for $175m as the first step in an ambitious plan to build a regional bank serving the southeastern US
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Ex-BofA executives buy Florida bank
US lawmakers scrapped a proposed $19bn bank fee as Democrats struggled to secure sufficient votes to pass the Wall Street reform bill
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US scraps plan for $19bn bank fee
Shares of Tesla Motors, which produces a $109,000 electric-powered sports car, rose after strong demand helped it to raise more in an initial public offering than it had expected
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Tesla shares in strong demand after IPO
After tweaking the automatic redirect function, the US company hopes Beijing will agree to renew its licence as an internet content provider – the precondition of keeping the China site open
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Google searches for truce in China
Without a licence Google would be forced to shut down its operations in China, which could eventually jeopardise its position as the world’s leading online advertising company
Global equity markets issuance has reached $309bn so far this year, marking the slowest start since 2005, as sovereign debt fears soured investor confidence
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Equity issuance lowest in five years
After a year of decreasing input costs which contributed to strong earnings, General Mills predicts that inflationary pressures will add 4.5 per cent to its costs of goods sold in fiscal 2011
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General Mills sees rising sales costs
Conrad Black, hero of US justice? The Guardian Rupert Murdoch's Wall Street Journal called it “Conrad Black's Revenge”. The 1988 law made it a crime for government officials, business executives and … Enron's Jailed CEO to Run for US President Sovereign Society Remember Enron Daily Beast (blog) White-collar crime can be hard to define Financial Express Toronto Life