Exclusive: MF Global mixed funds, transferred abroad
Wednesday, December 7th, 2011 | Post a comment
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York November 2, 2011.
Regulators investigating the collapse of MF Global have determined that the firm combined money between securities and futures accounts owned by customers, and transferred funds outside the country to at least one entity, a source said on Friday.
Posted by John under: Corruption,Days of Noah
Merkel, Cameron struggle to stress unity on Europe
Friday, November 25th, 2011 | Post a comment
German Chancellor Angela Merkel and British Prime Minister David Cameron strained Friday to stress their unity on tackling Europe’s spiralling debt crisis but differed sharply on key points.
Posted by John under: Perplexity,Root of All Evil
G20 tells euro zone to fix debt crisis in eight days
Sunday, October 16th, 2011 | Post a comment
PARIS – The world’s leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone’s sovereign debt crisis which is endangering the world economy.
Posted by John under: Perplexity,Root of All Evil
US’s Geithner warns Europe crisis a global threat
Thursday, October 6th, 2011 | Post a comment
Europe’s crisis a threat to rest of world
* Geithner says Europe moving too slowly
* Preparing for new push at G20 talks next week
Posted by John under: Perplexity,Root of All Evil
Christine Lagarde: IMF may need billions in extra funding
Tuesday, September 27th, 2011 | Post a comment
Christine Lagarde has warned the IMF may need more funding from its members. Photo: AP
Christine Lagarde has signalled that the International Monetary Fund (IMF) may have to tap its members – including Britain – for billions of pounds of extra funding to stem the European debt crisis.
Posted by John under: Perplexity
A future for drones: Automated killing
Friday, September 23rd, 2011 | Post a comment
One afternoon last fall at Fort Benning, Ga., two model-size planes took off, climbed to 800 and 1,000 feet, and began criss-crossing the military base in search of an orange, green and blue tarp.
Posted by John under: Days of Noah,Violence
Consumer Debt Forgiveness May Be Needed: Roach
Tuesday, August 23rd, 2011 | Post a comment
American consumers have too much debt, not enough savings and are afraid they will lose their jobs—if they haven’t lost them already.
Posted by John under: Anti-Semitism
Markets heading to new danger zone: Zoellick
Monday, August 15th, 2011 | Post a comment
The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
Posted by John under: Perplexity,Root of All Evil
Reid: S&P downgrade backs Dems’ call for more revenue
Saturday, August 6th, 2011 | 8 comments
Standard & Poor’s decision to downgrade the nation’s credit rating reinforces Democrats’ call for increasing tax revenue, Senate Majority Leader Harry Reid (D-Nev.) said Friday.