Added by reform on May 27, 2011 at 8:50pm — No Comments
http://www.telegraph.co.uk/finance/economics/8532373/Chinese-rating-agency-downgrades-UK-debt.html
Added by reform on May 26, 2011 at 9:26pm — No Comments
On Tuesday, during CNBC's Fast Money, Melissa Lee relayed an unusual options trade: a trader had purchased 50,000 out-of-the-money Gold call options between $1600 and $1800 and set to expire in August and September.
Such a move could have only been undertaken with the backing of substantial capital.
Brian Kelly speculated that the purchaser was a sovereign wealth fund--China in particular.
Arguing that if China revalued their yuan against the dollar, the price of gold in…
ContinueAdded by reform on May 26, 2011 at 9:24pm — No Comments
The glamorous French minister hoping to succeed Dominique Strauss-Kahn as head of the International Monetary Fund was today facing prosecution for financial sleaze.
Christine Lagarde, a 55-year-old former lawyer and synchronised swimmer, is being investigated for abusing her position to help a controversial businessman.
She is said to have awarded some £270million to Bernard Tapie, a convicted football match fixer and tax dodger who supported her governing UMP party.
The…
ContinueAdded by reform on May 26, 2011 at 9:19pm — No Comments
It’s no secret that members of Congress qualify as political insiders, but a new report strongly suggests that they also may be insiders when it comes to trading stocks.
An extensive study released Wednesday in the journal Business and Politics found that the investments of members of the House of Representatives outperformed those of the average…
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Despite the fact that this incident involved two teenage boys who attended a special school for troubled juveniles, parents should understand that students in practically any government-run “educational” institution can fall prey to sudden — and potentially lethal — police violence.
“Every day in communities across the United States, children and adolescents spend the majority of their waking hours in schools that increasingly have come to resemble places of detention more than places…
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Why would a judge order TSA to be at a prom?
SANTE FE, N.M. -- There were no TSA agents patting down students at the Santa Fe High School prom on Saturday night, despite a federal judge's ruling that there had to be.This is after two sisters from another Santa Fe district high school said they were groped at a recent dance.A federal judge ruled on Friday that TSA certified personnel must now supervise district pat downs, like those at dances…
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