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Argentina: a closer step towards nationalising private funds
As the Falkland/Malvinas got a new British Constitution to allow its self government, the Argentinean Parliament debated for 14 hours the nationalisation of private pension funds. With a victory of 160 votes over 75, the Cristina Fernandez´s government secured the bill at...RBI opens doors to 10 VCFs amid liquidity crunch
MUMBAI: The Reserve Bank of India, which has been holding back applications of several foreign venture capital funds (VCFs) for a few years, is slowly opening the doors to these investors — a decision which could be partly driven by the dollar shortage following the FII...Taiwan Ex-president's aide on graft charges
Ma Yung-cheng another close aide of ex President Chen Shui-bian was taken into custody on corruption charge. The former Presidential Office deputy secretary, Ma, is suspected of forgery and...
Bollywood Breast Awareness
Speaking in Mumbai, India, Ambassador Nancy Brinker, founder of Susan G. Komen for the Cure, said that the Bollywood film industry could play a major role in promoting breast cancer awareness in India." "Bollywood... 84 views | 2 comments | 10 recommendations
Who's Bankrolling the 2008 Presidential Election?
Journalists and politicians have tracked the who, where, and why of political campaign contributions for years.The Huffington Posts' FUNDRACE2008 now provides everyday people the technology to do just that: "find out... 503 views | 14 comments | 17 recommendations
Argentina: Pension nationalization move hits stock market
In reaction to the recent announcement on pension nationalisation made by Argentinean President Cristina Kirchner, stock market fell in 16% today. The government justified the "move to nationalise 10...Busch: Hedge Funds/Commodities/Lending
" It's ironic how high oil prices contributed to the global slowdown and to the credit crunch. In commodities, greed and now fear have added their contribution to the massive deleveraging in the markets and destroyed value. Let's see how the Middle East performs now that...Analyst fired for saying greed is bad in south korea
Some times relity really bites, this story about firing of an analyst proves teh point.He just tried to comment on the greedy behaviour of excessive money making, which resulted in losing his own bread and butter. " Han Sang-choon, deputy head of Mirae Asset...FBI's Top Ten News Stories for the Week Ending October 17, 2008
" 1. FBI Coordinates Global Effort to Nab “Dark Market” Cyber Criminals A two year undercover...Investors pull out $43bn, Hedge Fund dead
TPG-Axon Hedge fund, run by ex-Goldman trader shut down; who is next, Cerberus / Chrysler ? " TPG-Axon, a hedge fund run by a former Goldman Sachs trader, spared no words when writing its investors about... Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987
Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987Wall Street makes stunning reversal from worst week ever. Dow, Nasdaq and S&P gain more than 11% after global crisis... Predicting a "Severe Bull Market" for Gold
The problem occurred because of false market valuations that occurred during a period of credit inflation. No single individual person or agency can solve the problem. No individual possesses the knowledge required.... Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%
"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread... 152 views | 8 comments | 39 recommendations
What would McCain's health plan do?
" Instead, McCain would give families $5,000 refundable tax credit and individuals a $2,500 tax credit. People who lose workplace coverage could use the funds to purchase insurance in the individual...Long gold, long silver, a lifeline for hedge funds? « Peter J. Cooper’s We...
" Perhaps the hedge fund managers should take their cue from the central banks which are not going to be selling gold over the next 12 months as they have been over the past four previous years. Supply is coming out of the market at a time of rising demand for a hedge...
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