Afghanistan takes over biggest private bank to avert collapse Gulf News | Kabul: Authorities have intervened to try to avert the potentially disastrous collapse of Afghanistan's biggest bank, after uncovering a web of shady transactions involving well-connected insiders. | The suspect dealings at Kabul Bank, the shareholders of which include a brother of President Hamid...
Seán Quinn raised concerns in letter to Anglo over 'golden circle' transaction Irish Times | SIMON CARSWELL Finance Correspondent | BUSINESSMAN SEÁN Quinn warned Anglo Irish Bank that its placing of 10 per cent of its shares with 10 customers in the "golden circle" transaction in July 2008 was "ill advised" and would have "a considerable impact" on his wider business for many years. | Mr ...
Afghanistan takes over biggest private bank to avert collapse Gulf News | Kabul: Authorities have intervened to try to avert the potentially disastrous collapse of Afghanistan's biggest bank, after uncovering a web of shady transactions involving well-connected insiders. | The suspect dealings at Kabul Bank, the sharehol...
Nadir's return reminds us that mixing business with politics is a dangerous game The Guardian Open Platform | The return of Asil Nadir, saying he wants justice at last, takes us back to the corporate villains and scandals of an earlier era: that of Maxwell, Peter Clowes, BCCI and Guinness. Those days are long gone: a series of accounting reforms were put i...
Big Banks Look More Like Utilities Every Day The Street The government has done a sharp 180-degree turn from lax regulatory practices of the past: The president has heated up anti-Wall Street rhetoric; Congress has rendered some business lines unviable; federal regulators are micromanaging capital decisio...
Seán Quinn raised concerns in letter to Anglo over 'golden circle' transaction Irish Times | SIMON CARSWELL Finance Correspondent | BUSINESSMAN SEÁN Quinn warned Anglo Irish Bank that its placing of 10 per cent of its shares with 10 customers in the "golden circle" transaction in July 2008 was "ill advised" and would have "a considerable i...
Public Domain / Martina Haris/Julian Assange
How WikiLeaks Keeps Its Funding Secret Wall Street Journal By JEANNE WHALEN and DAVID CRAWFORD | The controversial website WikiLeaks, which argues the cause of openness in leaking classified or confidential documents, has set up an elabora...
Credit cards stand between me and the financial abyss London Evening Standard There are a number of indicators that provide a handy guide to the state of the economy. Skirt lengths, notoriously, is one of them. I've got another. It's the length of time you q...
Goldman loses $100 mn in trading in 3 days The Times Of India NEW YORK: Goldman Sachs Group, the bank that makes the most revenue trading stocks and bonds, lost money in that business on 10 days in the second quarter, ending a three-month str...
Goldman loses $100 mn in trading in 3 days The Times Of India NEW YORK: Goldman Sachs Group, the bank that makes the most revenue trading stocks and bonds, lost money in that business on 10 days in the second quarter, ending a three-month streak of loss-free days at the start of the year. | Losses on Goldman Sa...
Banks need strong security network for online transactions: RSA The Times Of India NEW DELHI: A leading security solution provider RSA has said that with increased usage of debit cards for online financial transactions, banks need to strengthen their security network to avoid frauds. | "The usage of debit cards is six times higher ...
Fraudsters use nail cutters, screwdrivers to withdraw money from ATMs The Times Of India KOLKATA: Beware if the ATM screen goes blank after you swipe your card. It could be a mischief by fraudsters to withdraw cash from your account after you leave the ATM in a huff. A bit of adhesive and a screwdriver are all that’s needed to outwit h...
Working Animals (Part Three): Lab experiments and Billy Jo, HIV research chimp The Examiner | To observe Labor Day, an annual holiday honoring the contributions of America’s workers, Animal Policy Examiner spotlights working animals in a special series of articles. | “The science of life is a superb and dazzlingly lighted hall which may be reached only by passing through a long and ghastly kitchen,” wrote Claude Bernard in 1865. Kno...
It's Nishikori's day at New York; Clijsters through The Hindu | Gasquet thrashes Davydenko in straight sets; Sania's campaign ends in doubles too | NEW YORK: Kim Clijsters erased an early first-set deficit and put her hopes of defending her U.S. Open title back on track with a 6-3, 6-0 win over Petra Kvitova on Friday that secured the Belgian a spot in the fourth round. | The second seed's hopes of extending ...
