All Blog Posts Tagged 'money' (142)
New York Congressman Tells SEC They Are 'Worthless' in Hearing
weblogs.newsday.com
John Riley: Long Island/Queens Congressman Gary Ackerman — who sounds like he would make a pretty good blogger — went off on a panel of witnesses from the SEC yesterday, accusing them of total incompetence in failing to discover what was going on with Bernie Madoff.
This being the same outraged Ackerman who, as a member of the House Financial Services Committee, did such a great job in discovering the entire economy was about to… Continue
Added by Marklar on February 9, 2009 at 8:47am — 3 Comments
Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread.
HARARE, Zimbabwe (CNN -- As a way of fighting cash shortages amid spiraling inflation.
Zimbabwe's dollar is virtually worthless, with foreign currency now being used to purchase basic items.
The country's acting finance minister, Patrick Chinamasa, made the announcement in a government gazette released Saturday.
Although Chinamasa did not give the date on which the $50 billion and new $20 billion notes would come into… Continue
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