Banking

The World’s Richest People Mull Giving Away Fortunes

August 5, 2010
By Editor

After Bill Gates convinced Warren Buffet to give away most of his fortune, these two extraordinarily wealthy men have set their sights on a larger group of the richest people in the world. Their goal? To get all of the world’s richest people to devote the majority of their assets to philanthropy. The World’s...
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Stocks Fall as Bernanke Calls Market “Uncertain”

July 22, 2010
By Editor

Federal Reserve Chairman Ben Bernanke called the stock market “unusually uncertain” in testimony on Capitol Hill today. Immediately after Bernanke’s testimony, stocks fell sharply on both The Nasdaq Composite and Dow Jones Industrial Average. Stocks Fall as Bernanke Calls Market “Uncertain” Bernanke said that the Federal Reserve could take action to encourage investing in...
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Dollar to Euro Exchange Rate

July 19, 2010
By Editor

After moving closer together in late May and early June of 2010, the Dollar to Euro exchange rate has widened recently. This is good news for the Euro, which started 2010 much stronger, but fell precipitously before making a gradual improvement over the past month. Dollar to Euro Exchange Rate Currently, the Dollar to...
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100bn Dollars Lost To Developing Nations From Mispricing

February 20, 2010
By Editor

There has been a new report done recently by Global Financial Integrity that shows a lot of the trade mispricing is one of the main reasons why there is money that is illicit and why they are also being cited for trade mispricing. It is just wrong and causing a lot of problems in...
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Asian Markets Start To Trend Downward

February 5, 2010
By Editor

Asian markets just got hit really hard as they experienced a 434 point drop with 14,790 points that happened with the opening trade with the Bombay Stock Exchange that was indexed benchmarked Sensex. The Asian market already experienced one downfall recently and this one really crushed them with going over 340 points of what...
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