Search Results for: warren buffett

Vietnamese banker sentenced to death for fraud

Vietnam money

A Vietnamese former banker and his business associate have been sentenced to death for their part in the embezzlement of $25 million, state media has reported. The pair were among 11 defendants in the nine-day trial in Ho Chi Minh City, state media reported on Saturday, in a case that …

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JPMorgan’s epic fail on Twitter #AskJPM

jp morgan

JPMorgan canceled a question-and-answer session on Twitter Wednesday after receiving a barrage of critical questions skewering the multinational banking company for legal problems, foreclosure practices, and other ethical transgressions. Starting at least since last week, JPMorgan, the investment and services portion of financial behemoth JPMorgan Chase & Co, asked followers …

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Alan Greenspan warns of a bond market bubble

Alan Greenspan bond market

From Filip Karinja, for Birch Gold Group Alan Greenspan is ‘quite’ worried about a bond market bubble. In recent years, the bond bubble in the U.S. has been inflated by artificial demand from the Federal Reserve and from investors fleeing troubled European markets. The former Federal Reserve Chairman sees it this way: “The United States, strangely …

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Third banker commits suicide this week

Mike Dueker

Mike Dueker chief economist at Russell Investments A third banker has committed suicide within the space of a week, once again prompting speculation that some kind of financial collapse could be just around the corner. “Mike Dueker, the chief economist at Russell Investments, was found dead at the side of …

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Civilians killed in latest US air strike on Iraqi banks

Iraq Mosul bombing

US-led coalition airstrikes killed Iraqi civilians in latest hit against an ISIS financial target in Mosul, according to the Pentagon. The coalition said they had been prepared to accept “some” civilian casualties. “Yes, we were prepared to accept civilian casualties in conjunction with this cash strike, it’s tragic and it’s not …

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Hone Your Online Trading Skills Using a Trading Simulator

Many brokers are offering you the use a free online trading simulator these days. But, they don’t do so out of the goodness of their hearts. They do so in the hopes that you will go from a weekend dabbler to a full-fledged paying customer. In most instances, you are …

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CIA asked Moby to spread anti-Trump and anti-Russia propaganda

Moby CIA propaganda Russia Trump

In a recent interview, Moby said his friends at the CIA asked him to take advantage of a greater “social media following” to spread rumors about President Donald Trump’s alleged collusion with Russia during the 2016 campaign. Multi-award winning recording artist and activist Moby gave an interview to WFPK on Thursday to …

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Politicians Known for Liking to Gamble

Richard

Gambling remains as one of the favourite pastimes for many around the world. People from all walks of life – right from the young to the old – tend to enjoy gambling. One of the reasons for such a varied age groups to enjoy gambling is the wide variety of …

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Banks may start charging for deposits

Bank deposit

The Fed’s Catch 22 just got catchier. While most attention in the recently released FOMC minutes fell on the return of the taper as a possibility even as soon as December (making the November payrolls report the most important ever, ever, until the next one at least), a less discussed issue was the …

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US drone strikes declared a ‘war crime’ by judge

Obama drone strike

Former New Jersey Superior Court Judge Andrew Napolitano has blasted President Obama over the revelations that a drone strike he sanctioned killed hostages being held prisoner by al Qaeda in Pakistan. The Libertarian pundit did not mince words, calling Obama’s actions “a war crime.” “I condemn, in words as strong …

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JPMorgan CEO Jamie Dimon gets 74% payrise; to $20 million

Jamie Dimon

It was only a year ago that JPMorgan CEO Jamie Dimon was getting his pay docked by millions of dollars. Now, though, the company is giving their chief executive a raise. Despite the fact that JPMorgan was hit with $20 billion worth of fines during 2013, Dimon will receive $1.5 …

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Hillary Clinton: “Soulless, principle-free, power hungry…”

Hillary Clinton Israel

It’s easy to strike a pose of cynicism when contemplating Hillary Clinton’s inevitable (and terribly imminent) presidential campaign. As a drearily soulless, principle-free, power-hungry veteran of DC’s game of thrones, she’s about as banal of an American politician as it gets. One of the few unique aspects to her, perhaps the …

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George Soros already plotting against the upcoming Donald Trump presidency

george-soros-plotting-against-president-donald-trump

After Hillary Clinton’s disastrous defeat in the US presidential election, George Soros and other influential liberal donors in Washington D.C. are mulling tactics for resisting a new “Trump order.” Last week George Soros and a group of rich American donors, which placed their bet on Hillary Clinton and lost, held a three-day …

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Obama stops NSA spying on IMF and World Bank

International Monetary Fund Headquarters

International Monetary Fund Headquarters in Washington, DC. US President Barack Obama has called on the National Security Agency to halt spying on the headquarters of the International Monetary Fund and World Bank in conjunction with a review of surveillance activities, Reuters reported. A US official told the news agency that …

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