Added by truth on October 3, 2018 at 9:54am — No Comments
John B. Wells has one of the most recognized voices in America, but unfortunately a million Americans will no longer get to hear his melodious voice on Saturday nights on what was his popular Coast to Coast radio broadcast.
The following is an exclusive print interview I conducted with John B. Wells on the evening of February 5, 2014. Why was this ever-so-popular host let…
ContinueAdded by truth on February 7, 2014 at 12:00am — 2 Comments
5 October 2012, by Jonathan Weil (Bloomberg)
Excerpt:
As if America’s hedge-fund elite didn’t have enough crises to worry about -- riots in Spain, the fiscal cliff, Lindsay Lohan’s hotel brawl -- the parade of underlings copping pleas to insider-trading crimes just keeps growing. Every week it seems another one flips, promising to turn state’s evidence.
Time is money, as they say. And it would take a true genius to make money out of…
Added by truth on October 6, 2012 at 10:39am — No Comments
ContinueThe vast profits made from drug production and trafficking are overwhelmingly reaped in rich “consuming” countries – principally across Europe and in the US – rather than war-torn “producing” nations such as Colombia and Mexico, new research has revealed. And its authors claim that financial regulators in the west are…
Added by truth on June 3, 2012 at 7:00pm — 2 Comments
WASHINGTON (AP) — Jon Corzine is stepping down from running the securities firm that collapsed after his disastrous bets on European debt.
The firm, MF Global, said Friday that Corzine has resigned as chairman and CEO. It says he will decline a severance package worth $12.1 million, including cash and benefits.
MF Global filed for bankruptcy protection on Monday after its bets on European debt spooked investors and trading partners.
The company…
ContinueAdded by truth on November 4, 2011 at 10:30am — No Comments
Portugal’s banks didn’t lend blindly into a massive property bubble and didn’t get caught in subprime shenanigans. Yet they’re still in big trouble–that’s not a happy message for other European lenders.
Earlier Friday, Moody’s lowered its standalone ratings for six Portuguese banks, including two-notches downgrades for the traditional top…
ContinueAdded by truth on October 7, 2011 at 3:07pm — No Comments
SEC Rule Would Ban Banks and Hedge Funds From Betting on Investor Losses
By DJ Pangburn Monday, September 19, 2011
In the lead-up to…
Added by truth on September 19, 2011 at 4:30pm — No Comments
Dear Mr. President:
According to press reports, you intend to decide between November 7 and November 11 whether or not to send tens of thousands of American soldiers to Afghanistan. We are writing in advance of that decision to add our voice to those of Sen. Feingold, many…
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