McGraw-Hill explores sale of education business

Posted on January 31st, 2012 in Economy | No Comments »

Company is rethinking plans to split the division from its Standard & Poor’s financial arm after receiving interest from private equity groups

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McGraw-Hill explores sale of education business

Browett’s customer focus wins Apple role

Posted on January 31st, 2012 in Economy | No Comments »

The reason cited by the technology group for hiring John Browett will come as little surprise to his colleagues at UK retailer Dixons

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Browett’s customer focus wins Apple role

Humbling of Fred, capital for Cameron

Posted on January 31st, 2012 in Economy | No Comments »

To get where he is today, Sir Fred had to run a bank into the ground, help trigger a recession and fight like a polecat to keep his pension

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Humbling of Fred, capital for Cameron

EU to rule on D Börse and NYSE merger

Posted on January 31st, 2012 in Economy | No Comments »

Senior officials are confident that Brussels commissioners will back Joaquín Almunia and prohibit the bid that allegedly stifles competition

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EU to rule on D Börse and NYSE merger

Olympics scam dupes US woman out of £140000 – The Guardian

Posted on January 31st, 2012 in Fraud, Work From Home Scams | No Comments »

The Guardian Olympics scam dupes US woman out of £140000 The Guardian The Metropolitan police have broken up an online scam involving the Olympics, in which fraudsters duped one woman out of £140000 by claiming they were working with Scotland Yard. A 24-year-old man from London was arrested on Tuesday for fraud by … and more

Deafening Republican Silence on Financial Fraud Task Force – The Nation. (blog)

Posted on January 31st, 2012 in Fraud, Wall Street Scams | No Comments »

The Nation. (blog) Deafening Republican Silence on Financial Fraud Task Force The Nation. (blog) He wants to “put free-enterprise on trial” (Mitt Romney); he erroneously thinks that the country's problems “must be the fault of those people on Wall Street ” (Mitch McConnell); he has “bastardized” Wall Street CEOs (Fox News' Neil Cavuto, and no, …

6 Deafening Republican Silence on Financial Fraud Task Force   The Nation. (blog)

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Deafening Republican Silence on Financial Fraud Task Force – The Nation. (blog)

Employees as Marketers: Using Engagement to Build Brands

Posted on January 31st, 2012 in Unemployment News | No Comments »

(From PRWEB) — BI WORLDWIDE, a global business improvement company, recently released an article called Employees as Marketers discussing employee engagement’s impact on building a solid brand. The article was written by Lorraine Frias, interactive promotions strategist at BI WORLDWIDE. “Large companies spend millions of dollars annually building and maintaining their brand,” Frias said. But sometimes they forget to acknowledge the connection between the employee experience and the customer experience. According to Frias, “organizations need to view employees as marketers of their product, service or brand, regardless of their position in the company.” Employee engagement programs can greatly improve the way employees interact with customers on the front-lines. Frias said “companies need to use both extrinsic and intrinsic motivators to drive behavior change and motivate employees.” Extrinsic motivation comes from influences outside of oneself such as an incentive program that motivates employees to sell certain products or rewards an individual for high performance behavior. This type of motivation also comes from the fear of a poor performance review or the threat of being laid off. Read more .

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Employees as Marketers: Using Engagement to Build Brands

Cowboy capitalism rides again – MarketWatch

Posted on January 31st, 2012 in Fraud, Wall Street Scams | No Comments »

Globe and Mail Cowboy capitalism rides again MarketWatch Sorry, Wall Street , but this sounds like a pattern. The U.K's Financial Services Authority on Tuesday said it fined Ravi Sinha, the former chief executive of JC FLowers' UK division $4.51 million for charges related to fraud . Regulators weigh action on UBS $2 billion trading loss: report Reuters UBS 'rogue trader' pleads not guilty FX-MM WSJ: British, Swiss Regulators To Move Against UBS In Rogue Trading Scandal NASDAQ all 595 news articles

NY Times | Treasury Investigates Freddie Mac … – Foreclosure Fraud

Posted on January 31st, 2012 in Fraud, Scams | No Comments »

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud

True News: In 2009 True News Warned That Fanny Mac and …

Posted on January 31st, 2012 in Scams | No Comments »

In October 2009 True News reported that Tishman Speyer and Blackrock were used Fannie Mae and Freddie Mac to back $1.5 billion in debt of their $5.4 Billion purchase of Stuy Town and Peter Copper Village. True News point out before the purchase that the only way the buyers were going to make a ….. Sunday Redistricting Scam Update The Bad Map Good Map Setup 2. Albany's Redistricting Scam On the Public II 3. Campaign Consultant Red Horse Out to Get …

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True News: In 2009 True News Warned That Fanny Mac and …

Newt Gingrich Releases Freddie Mac Docs, Now It's Obama's Turn …

Posted on January 31st, 2012 in Scams | No Comments »

Importantly, Gingrich's “consulting” arrangement was in force right up until the Federal Housing Finance Agency seized control of the beleaguered enterprise (and its sister organization Fannie Mae) three years ago. Now Gingrich has sustained fire for artfully dodging questions about his relationship …. I don't care if that means we jail both Clinton and Bush for their involvement in this scam . If we are ever going to get out of this current financial mess, we must restore …

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Newt Gingrich Releases Freddie Mac Docs, Now It's Obama's Turn …

Hamden Police Investigate Home Invasion, Warn of Possible Scam – Hartford Courant

Posted on January 30th, 2012 in Work From Home Scams | No Comments »

Hamden Police Investigate Home Invasion, Warn of Possible Scam Hartford Courant BY HILDA MUÑOZ, hmunoz@courant.com The Hartford Courant Police said they are investigating a home invasion where one of the suspects entered an 85-year-old woman's home on Blake Road by pretending to work with the water company.

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Hamden Police Investigate Home Invasion, Warn of Possible Scam – Hartford Courant

Fannie Mae, Freddie Mac Shown as Mortgage Market Predators …

Posted on January 30th, 2012 in Fraud, Scams | No Comments »

IIRC, Fannie and Freddie both gave explicit directions to their lender clients to omit certain data entry “blanks” on their standard applicatioin forms. I have not seen any interest in pursuing this aspect of MERS- fraud . The docs …

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Fannie Mae, Freddie Mac Shown as Mortgage Market Predators …

Five scams to watch for – Buffalo News

Posted on January 30th, 2012 in Scams, Work From Home Scams | No Comments »

Buffalo News Five scams to watch for Buffalo News The scam : You're not really processing rebates or payments, you're laundering money. Unwittingly or not, you've become part of a criminal ring. What to do: The Better Business Bureau flags the entire work -at- home “industry” as bad news. Muskego Police Investigate Mail Scam , Warn of Others Patch.com all 3 news articles

ABB in $3.9bn deal for Thomas & Betts

Posted on January 30th, 2012 in Economy | No Comments »

Acquisition aimed at accelerating profit and sales growth in US, a region in which the Swiss electrical engineering group believes it is under-represented

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ABB in $3.9bn deal for Thomas & Betts

How Europe’s crisis could feed the commodity bulls

Posted on January 30th, 2012 in Economy | No Comments »

The eurozone debt crisis could be, counter intuitively, also a strong bullish factor for commodities prices over the medium term

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How Europe’s crisis could feed the commodity bulls

How Europe’s crisis could feed the commodity bulls

Posted on January 30th, 2012 in Economy | No Comments »

The eurozone debt crisis could be, counter intuitively, also a strong bullish factor for commodities prices over the medium term

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How Europe’s crisis could feed the commodity bulls

BofA shuffles investment banking arm

Posted on January 30th, 2012 in Economy | No Comments »

Christian Meissner handed sole responsibility for the business, while Michael Rubinoff will become chairman of the division

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BofA shuffles investment banking arm

Stanford tops FT Global MBA league

Posted on January 30th, 2012 in Economy | No Comments »

Earning power of graduates propels California school to number one for the first time at the expense of London Business School and Wharton

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Stanford tops FT Global MBA league

Heins aims for BlackBerry turnround, not break-up

Posted on January 29th, 2012 in Economy | No Comments »

Research In Motion plans to start heavily promoting upgrades to its BlackBerry 7 operating system in the US

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Heins aims for BlackBerry turnround, not break-up

Physicist at head of RIM refines his pitch

Posted on January 29th, 2012 in Economy | No Comments »

BlackBerry maker’s new chief is frank in acknowledging the group’s problems and says it will survive without a sale or break-up

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Physicist at head of RIM refines his pitch

Western industrials feel a Chinese burn

Posted on January 29th, 2012 in Economy | No Comments »

Leading exporters have seen a slowdown in some markets in China as efforts to cool the world’s second-largest economy hit demand for capital goods

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Western industrials feel a Chinese burn

Banks warn rule change will hurt recovery

Posted on January 29th, 2012 in Economy | No Comments »

Some 700 bank representatives used a conference call set up by the Office of the Comptroller of the Currency earlier this month to discuss their concerns

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Banks warn rule change will hurt recovery

Critical scrutiny awaits Facebook’s IPO

Posted on January 29th, 2012 in Economy | No Comments »

The expected filing this week for the company’s listing debut will be studied for signs of slowing growth in users and a drop in time spent on the site

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Critical scrutiny awaits Facebook’s IPO

ABB closes in on deal to buy Thomas & Betts

Posted on January 29th, 2012 in Economy | No Comments »

Move to acquire the US manufacturer comes as the Swiss group has set aside some $30bn of spending on acquisitions to accelerate its growth

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ABB closes in on deal to buy Thomas & Betts

ECB fuels rebound in bank bonds

Posted on January 29th, 2012 in Economy | No Comments »

The total return for the bonds of European financial companies is 3.5 per cent so far in January and about 3 per cent for US financial debt

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ECB fuels rebound in bank bonds

Comcast’s bet on NBCU begins to pay off

Posted on January 29th, 2012 in Economy | No Comments »

A year after the cable group’s purchase of the TV and film company there are early signs of synergies with content and distribution

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Comcast’s bet on NBCU begins to pay off

Accountants at odds with Brussels

Posted on January 29th, 2012 in Economy | No Comments »

Dispute raises the prospect of the European Commission snubbing financial crisis-related reforms to accounting for a second time

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Accountants at odds with Brussels

Sluggish start to year for M&A volumes

Posted on January 29th, 2012 in Economy | No Comments »

Dealmaking has had its slowest start to a year since 2003, with $102.9bn worth of deals announced in 2012 to date, nearly half last year’s level

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Sluggish start to year for M&A volumes

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Twitter bows to pressure over censorship

Posted on January 28th, 2012 in Economy | No Comments »

The microblogging service adopts a new approach to censorship that will pave the way for long-term expansion into many new countries

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Twitter bows to pressure over censorship

News Corp looks to Bloomberg for new executive

Posted on January 28th, 2012 in Economy | No Comments »

The group is in talks with Lex Fenwick, a former Bloomberg chief executive, to become chief executive of Dow Jones and fill a position that has been empty for six months

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News Corp looks to Bloomberg for new executive

Starbucks: Irish coffee anyone?

Posted on January 27th, 2012 in Economy | No Comments »

If the company is to thrive, US profits must expand – despite the fact that there is little room for more stores when every suburb one

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Starbucks: Irish coffee anyone?

US reverse merger promoter raided

Posted on January 27th, 2012 in Economy | No Comments »

Benjamin Wey and his firm New York Global Group specialise in helping Chinese companies acquire US-listed shell companies

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US reverse merger promoter raided

CRIME REPORT: Piperton man arrested in Memphis real estate scam – Memphis Commercial Appeal

Posted on January 27th, 2012 in Work From Home Scams | No Comments »

CRIME REPORT: Piperton man arrested in Memphis real estate scam Memphis Commercial Appeal By Kevin McKenzie A 69-year-old Piperton man suspected of posing as a real estate agent and collecting $1500 in a home purchase scheme in Memphis was arrested on Thursday, according to a court affidavit. Memphis police charged Fred Elam with felony …

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CRIME REPORT: Piperton man arrested in Memphis real estate scam – Memphis Commercial Appeal

Altria reports tobacco customer’s shift

Posted on January 27th, 2012 in Economy | No Comments »

Altria, the biggest US tobacco company and maker of Marlboro, says customers are moving increasingly to its discount brands and smokeless products

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Altria reports tobacco customer’s shift

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Pension costs cast shadow over Honeywell profits

Posted on January 27th, 2012 in Economy | No Comments »

The aerospace and controls group’s reported profits were hit by a $1.8bn pension expense charge, caused by the fall in interest rates and investment returns

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Pension costs cast shadow over Honeywell profits

Opening shots in Stanford trial

Posted on January 27th, 2012 in Economy | No Comments »

US prosecutors began to present their evidence to support allegations the Texas banker ran a $7bn Ponzi scheme for more than a decade

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Opening shots in Stanford trial

Tax-related windfall boosts Ford’s profits

Posted on January 27th, 2012 in Economy | No Comments »

Strong earnings as US market rebounds but Europe continues to be concern for carmaker

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Tax-related windfall boosts Ford’s profits

Murdoch to step down as GSK director

Posted on January 27th, 2012 in Economy | No Comments »

BSkyB chairman will not stand for re-election at UK pharma group

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Murdoch to step down as GSK director

Stanford Decried Wall Street Greed in 2008 Speech Shown at Trial – BusinessWeek

Posted on January 27th, 2012 in Fraud, Wall Street Scams | No Comments »

Financial Times Stanford Decried Wall Street Greed in 2008 Speech Shown at Trial BusinessWeek 27 (Bloomberg) — R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud , appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened. Stanford Decried Greed in Speech Shown at Trial Bloomberg Video shown of Stanford claiming righteous business practices Houston Business Journal Former R. Allen Stanford director describes reassurance efforts San Antonio Express Fort Worth Star Telegram

United costs wipe out higher fare gains

Posted on January 27th, 2012 in Economy | No Comments »

Biggest US carrier reports a fourth quarter loss, although revenues were resilient due to full aircraft and increased ticket prices

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United costs wipe out higher fare gains

Russian exports flatten US wheat plains

Posted on January 26th, 2012 in Economy | No Comments »

Shipments have surged out of the east, depressing global prices, and the supply goes from grave to generous

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Russian exports flatten US wheat plains

Watching you, watching them on TV

Posted on January 26th, 2012 in Economy | No Comments »

Camera and microphone units can now enable videoconferencing for families and friends and even keep an eye on the living room while you are out, writes Chris Nuttall

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Watching you, watching them on TV

Television: time to switch channels?

Posted on January 26th, 2012 in Economy | No Comments »

Those paying 35 times forward earnings for Netflix, rather than 11 times for Time Warner Cable, should ask why these trends will reverse

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Television: time to switch channels?

Ocean between US and UK insider trading regimes

Posted on January 26th, 2012 in Economy | No Comments »

Lawyers and traders criticise the £7.2m fine on hedge fund mogul David Einhorn case for different reasons

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Ocean between US and UK insider trading regimes

Industrial groups see strong US growth

Posted on January 26th, 2012 in Economy | No Comments »

Country seen as big growth market for 2012 for the first time since the start of the financial crisis, reflecting rising demand for everything from excavators to truck parts

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Industrial groups see strong US growth

PotashCorp cuts back on shipments

Posted on January 26th, 2012 in Economy | No Comments »

Fertiliser producer responds to sudden fall in global demand that has pushed down prices and forced the industry to rein in output

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PotashCorp cuts back on shipments

Work/Life Balance, Learning Opportunities Have Greatest Impact on Job Satisfaction

Posted on January 26th, 2012 in Unemployment News | No Comments »

(From PRNewswire) — Want to know the way to an employee’s heart? Professionals interviewed by OfficeTeam identified work/life balance (28 percent) and opportunities to learn and grow (27 percent) as the top contributors to their job satisfaction. The results are in line with those from a similar survey in which managers were asked about the factors most tied to employee morale. The surveys of professionals and managers were developed by OfficeTeam, a leading staffing service specializing in the placement of highly skilled administrative professionals. They were conducted by an independent research firm and include responses from 404 workers 18 years of age or older and employed in office environments and 1,013 senior managers at companies with 20 or more employees. Read more .

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Work/Life Balance, Learning Opportunities Have Greatest Impact on Job Satisfaction

Tips for Identifying and Recruiting Top Talent In 2012

Posted on January 26th, 2012 in Unemployment News | No Comments »

(From Business Wire) — “In 2012, companies looking to successfully add top talent to their company need to be aware of the shifting dynamics in the recruiting arena and become even more strategic in their approach,” said Cindy Lu, CEO of The Novo Group, a national managed recruitment outsourcing firm. Novo has developed some key recruiting tips and strategies for successful recruiting in 2012: Recruiting Passive Candidates: Understanding the differences between active and passive candidate recruiting will be a big competitive advantage in 2012. The typical process for searching out top-notch passive candidates takes more time and requires dedicated recruiters with industry-relevant experience and connections. According to a recent Linked In survey, 78% of employed professionals stated that they are interested in a new position, yet ONLY 18% of them had their resume posted anywhere. So, a full 60% needs to be found! A successful recruiter has the knowhow and contacts at targeted companies to recruit those top-notch “passive” candidates. Read more .

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Tips for Identifying and Recruiting Top Talent In 2012

Time Warner Cable supported by internet customers

Posted on January 26th, 2012 in Economy | No Comments »

The second-largest US cable operater continues to add high-speed internet customers but lose pay-TV subscribers

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Time Warner Cable supported by internet customers