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July 13, 2008 |
SEC to Probe Manipulation Through False Information
Bloomberg
Wall Street's biggest regulators are examining whether securities firms adequately police rumor- mongering used to manipulate stocks after shares of Lehman Brothers Holdings Inc., Fannie Mae and Freddie Mac tumbled last week. |
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July 13, 2008 |
Hot money poses risks to China’s stability
Financial Times
In 2006 China shocked the world by adding $247bn to what was already the largest hoard of foreign currency reserves. In 2007, if correctly counted, China took in more than twice that amount. So far this year it is on track to double yet again. |
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July 11, 2008 |
Housing bailout includes new fingerprint demand
Worldnet Daily
Mortgage lenders and brokers and even office assistants and secretaries could be subjected to new federal demands to be fingerprinted under a provision of a massive housing bailout plan – with attachments – that is moving through Congress. |
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July 10, 2008 |
Cruelest summer for teen jobs since 1958
CNNMoney
Teenagers are finding jobs much harder to come by this summer, as employers trim payrolls amid a slumping economy. |
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July 04, 2008 |
Secret report: biofuel caused food crisis
Guardian
Biofuels have forced global food prices up by 75% - far more than previously estimated - according to a confidential World Bank report obtained by the Guardian. |
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July 04, 2008 |
Analysts say more U.S. banks will fail
Int'l Herald Tribune
As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year. |
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July 04, 2008 |
Global shipping slowing drastically?
Int'l Herald Tribune
"We're seeing ships leaving Asia that are not full. We are living through a real economic slowdown. It is a latent crisis that will take time to disappear. I don't see it getting better before the end of 2009." |
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July 03, 2008 |
Sharia law SHOULD be used in Britain, says UK's top judge
The Mail
The most senior judge in England tonight gave his blessing to the use of sharia law to resolve disputes among Muslims. |
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July 02, 2008 |
Globalization dilutes U.S. securities regulations & standards
Bloomberg
The Securities and Exchange Commission proposed a new rule last week that might have passed you by. I'm alerting you here because it speaks volumes about where trading is going in the U.S. For many, it offers new opportunities. We'll also be importing new risks, in the future, that we may regret. |
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June 30, 2008 |
BIS: ‘The Unsustainable Has Run Its Course’
Wall Street Journal
For central bankers from around the world gathered in Basel for the Bank for International Settlements annual meeting Sunday and Monday, the the 78th annual report made for chastening reading. Not only does it highlight the difficulty of the dilemma facing central banks confronted with slowing growth at a time when inflationary pressures are rising, it also lays much of the blame for their predicament at the feet of the central banks themselves. Here are the report’s introduction and conclusion: |
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