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Pensioner Gang' Convicted of $7 million Fake Bank Note Scam

Eight members of a gang, consisting largely of pensioners, have been convicted of one of Britain's biggest counterfeit bank note scams. read more »
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Government May Force Ex-Bank Chief to Surrender a Chunk of His $23 Million Pension Pot

Ex-RBS Chief Executive Sir Fred Goodwin may be forced to surrender at least some of his £650,000 a year-lifelong pension entitlement after RBS made t[...] read more »
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Predicted: Worst Economic Downturn For 100 Years

The schools minister said that the recession could be worse than that of the 1930s. This could be the worst recession for a century, a close political ally of Gordon Brown has said. read more »
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Did not have time to visit a casino? Try a BAC trade today

Today is a prime example of why I cannot imagine being involved in the bank stocks right now, especially US or American banks. read more »
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Foreclosure Difficulties in the US

Foreclosure Difficulties in the US read more »
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598,000 Jobs Cut By US Employers in January

The worse-than-expected figures illustrate steep redundancies across all major sectors of the US workforce. read more »
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Banking 101: The Difference Between Checking and Savings Accounts

This post is really geared more towards those just starting out in banking and finance, but hopefully you savvy folks will find some things of interest, too. With that said, I’m going to just jump right into this piece because it’s quite lengthy... read more »
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Luxury Goods Are the New Porn

Conspicuous wealth is coming under a lot of fire lately. Americans are outraged over a decimated economy (and its implications) and the deceptive pat[...] read more »
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Priests on Trial in $1million Embezzlement Case

Thought to be the biggest case of embezzlement affecting the US Catholic church, two priests have been taken to court over claims that they stole alm[...] read more »
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The lottery of houses

In Austria it's a new madness, the lottery of houses... read more »
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Investors Lose $350million in 'Mini Madoff' Scandal as Hedge Fund Manager Disappears

A Florida-based hedge fund manager Arthur Nadel has disappeared under suspicious circumstances leaving his clients empty handed. read more »
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Bank of Canada Cuts Overnight Rate 50 bps to Record-Low 1.00%

Citing worsening economic conditions at home and abroad, the Bank of Canada sliced its key lending rate to a record low 1.00% Tuesday and held out th[...] read more »
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10 Easy Ways Credit Card Companies Make Money Off Us

Those companies are all in trouble and I really don't understand why. There are so many ways they make money off us! read more »
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Australia's Richest Loses $3 Billion to Recession

Formerly top of Australia's rich list, multi-billionaire James Packer is feeling the squeeze. read more »
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How to Profit From the Credit Crunch

Investors shell-shocked by two nasty bear markets in stocks in less than a decade are starting to look elsewhere for good returns. In the wake of the[...] read more »
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