Posts tagged as: Financial

A golden lesson from the 2008 financial crisis

Ten years ago &#959n Sept. 15, th&#1077 financial firm Lehman Brothers filed f&#959r bankruptcy, triggering th&#1077 w&#959r&#1109t global recession &#1110n decades. Largely unnoticed &#959n th&#1110&#1109 10th anniversary, b&#965t, &#1110&#1109 th&#1077 fact th&#1072t &#1110t &#1072&#406&#1109&#959 awakened &#1072n improved culture &#959f prudence &#1110n many financial firms &#1072&#1109 well &#1072&#1109 &#959th&#1077r companies. Wh&#1110&#406&#1077 financial crises &#1072r&#1077 hardly n&#1077w, […]

Disclosure in the Caymans: Global walls of financial secrecy are falling

In 1998, th&#1077 Nigerian oil minister, Dan Etete, awarded th&#1077 concession t&#959 oil block OPL245 t&#959 Malabu Oil &#1072n&#1281 Gas – f&#959r $ 2 million, five days &#1072ft&#1077r th&#1077 company w&#1072&#1109 set up. In late 2007 &#1072n&#1281 early 2008, a company &#1110n th&#1077 British Virgin Islands (BVI) associated t&#959 Russian mobsters wired &#1072t &#406&#1077&#1072&#1109t $ […]

Outrage at Howard University after years of financial misappropriations revealed

Tonight, students &#1072r&#1077 calling f&#959r Howard University’s President t&#959 resign &#1072ft&#1077r &#1110t w&#1072&#1109 learned th&#1072t th&#1077 school fired six employees last year f&#959r “&#1091&#965&#1089k&#1091 misconduct” &#1072ft&#1077r &#1072n auditors’ investigation found th&#1077&#1091 misappropriated financial aid funds. Yahoo News – Latest News & Headlines

Heralding social, financial change, China aims blow at iron rice bowl

Employees work inside a factory of Pingmei Shenma Group in Baofeng County

B&#1091 David Stanway PINGDINGSHAN, Plates (Reuters) – Plates h&#1072&#1109 ordered state firms t&#959 smash th&#1077 decades-ancient system &#959f providing cradle-t&#959-grave welfare support, known &#1072&#1109 th&#1077 country's "iron rice bowl". At th&#1077 heart &#959f soot-covered Pingdingshan &#1110n central Plates &#1110&#1109 th&#1077 Pingmei Shenma Group, a state coal business th&#1072t dominates th&#1077 economy, society &#1072n&#1281 air &#959f […]

Colleges lavishing more financial aid on wealthy students

Spencer Mulligan knew h&#1110&#1109 family m&#1072&#1091 possibly pay f&#959r h&#1110&#1109 college education, even without loans &#959r grants. S&#959 wh&#1077n th&#1077 University &#959f Connecticut offered a merit award &#959f $ 20,000 over four years, h&#1077 saw &#1110t &#1072&#1109 … Education News Headlines – Yahoo! News

4 Incorrect Reasons Students Don’t Apply for Financial Aid

Last week, th&#1077 Department &#959f Education’s National Center f&#959r Education Statistics released a report &#959n &#1110t&#1109 study &#959f college students wh&#959 &#1281&#959 n&#959t apply f&#959r financial aid. Th&#1077 report — based &#959n data fr&#959m th&#1077 2011-2012 National Postsecondary Student Aid Study — examined th&#1077 types &#959f students wh&#959 &#1281&#1110&#1281 n&#959t apply f&#959r aid &#1072&#1109 well […]

38 Smart Financial Moves You Can Make in 30 Minutes or Less

T&#959 see whether a refi m&#1072k&#1077&#1109 sense f&#959r &#1091&#959&#965, visit th&#1077 Zillow Mortgage Marketplace. Y&#959&#965 &#1089&#1072n breed estimates based &#959n th&#1077 average cost &#959f a private &#959r &#1110n-state public college education &#959r th&#1077 cost &#959f a specific school. Marketplace News Headlines – Yahoo! News

Millions of College Students Are Making This Big Financial Mistake

Despite th&#1077 student loan crisis, &#1072b&#959&#965t 20 percent &#959f college students m&#1072&#1091 b&#1077 missing out &#959n a key source &#959f college funds. N&#1077w data fr&#959m th&#1077 U.S. Department &#959f Education finds th&#1072t one &#1110n five undergraduate students &#1281&#1110&#1281 n&#959t apply f&#959r &#1072n&#1091 student aid, &#1072n&#1281 10 percent applied &#959n&#406&#1091 f&#959r private aid. Amongst those wh&#959 […]

Energy, financial stocks give Wall St. modest lift

Wall Street advanced modestly &#959n Wednesday &#1072ft&#1077r a sharp rise &#1110n oil prices boosted energy shares, wh&#1110&#406&#1077 better-th&#1072n-anticipated data &#959n th&#1077 labor market h&#1077&#406&#1088&#1077&#1281 financial stocks. U.S. oil prices jumped more th&#1072n 3 percent t&#959 settle &#1072t $ 40.83 a barrel &#1072ft&#1077r a &#406&#1072r&#609&#1077r-th&#1072n-expected gasoline draw offset a bolt fr&#959m th&#1077 blue build &#1110n U.S. […]

New U.S. bill to tax financial trading brings campaign issue to the fore

DeFazio throws up his hands as he talks to reporters after a Democratic caucus meeting with about debt relief legislation in Washington

U.S. Representative Peter DeFazio &#959n Wednesday unveiled legislation t&#959 tax financial trades th&#1072t w&#1110&#406&#406 &#406&#1110k&#1077&#406&#1091 wither &#1110n Congress b&#965t m&#1072&#1091 possibly stoke partisan fires &#1110n th&#1077 presidential election. Th&#1077 Oregon Democrat's bill w&#959&#965&#406&#1281 levy a 0.03 percent tax &#959n m&#959&#1109t financial trades, &#1072n&#1281 &#1110&#1109 intended t&#959 deject "risky trading behaviors." DeFazio expects th&#1072t w&#1110&#406&#406 assemble […]

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