Goldman Sachs charged with fraud by US regulators

A US financial regulator charged Goldman Sachs Friday with defrauding investors in the run-up to the 2008 financial crisis that derailed the global economy, the first civil charges brought in relation to Wall Street's near collapse. The Securities and Exchange Commission (SEC) alleged that Goldman Sachs colluded with a hedge fund client, Paulson & Co, to make money out of the sub-prime ...
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How to Control a Big Spender Spouse

Are you married to a free spending person? Do you get a big lump in your throat when you find out your partner has bought an expensive item amidst your agreement that you're going to save? Your situation can be a real big challenge but then again, you can find ways to tame your spouse.Having a partner who loves to spend on expensive things can often make the other spouse regretful and unhappy. ...
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How to "Get Rich Quick"

There so many info product on the market that will teach you how to get rich quick. Most of them are making the person selling the product rich, while the rest of us are becoming more and more financially destitute while we continue to spend our money on these get rich quick opportunities.Most people get getting rich, and getting a lot of money mixed up. Having a lot of money does not make you ...
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Modeling Tips - A Professional Career

Modeling is a professional career that demands hard work and precious time in order to be able to produce commendable work. There are various modeling tips available and you should take the initiative to build up your knowledge in this field to succeed as a good model. Admittedly, it is a very competitive industry and requires emotional competence because you will be facing rejections often. You ...
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Real Estate Investing 101 - How to Start Flipping Foreclosures by Lionel Gilbert

Something everyone would like to do is become their own boss. These days it might not seem as easy to break away from that 9-5 routine as it used to be.There is a lot of information floating around out there about various work at home or get rich quick schemes, but one opportunity that stands out above all the rest is flipping foreclosures for profit.Although a lot of people may think they don't ...
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Business Checks - The Basics of Ordering

All businesses conduct innumerable transactions each day. Imagine how risky it would be if one had to use cash for all these transactions! Business checks are financial instruments that enable the business organizations to make payments to their suppliers, employers and creditors. The function of these checks is very similar to personal checks used by individuals.Individuals usually obtain ...
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Free Government Grant Scam

You may have been a victim of the government grant scam in the past. You recImage via Wikipediaeive promises of billions of dollars in free money being available from the government, and that a grant check is waiting for you with your name on it. Is this a complete scam, or is there really free grant money available for US citizens to claim?The answer is yes and no. The government does in fact ...
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RBI Reference rate for US dollar and euro

ARTICLEURL The Reserve Bank of India on Tuesday, fixed the reference rate for the US currency at Rs 48.68 per dollar and the single European unit at Rs 65.79 per euro from Rs 48.37 per dollar and Rs 67.32 per euro respectively, on Monday. In a press note issued in Mumbai by the apex bank, the exchange rates of Great Britain's Pound and Japanese Yen against the Rupee have been given as Rs ...
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2009 to be weakest year since World War II: Report

ARTICLEURL The year 2009 is likely to be the weakest year for the global economy since the second world war, largely because of the recessionary trend in advanced economies, media reports says. "Forecasters say 2009 is shaping up to be the weakest year for the global economy for decades, and possibly since the second world war," the Sunday Times said. The International Monetary Fund (IMF), ...
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Bangalore to get Rs 100 crore nano-tech institute

Bangalore would host a Rs 100 crore institute for nano science and technology on a 14-acre campus. Speaking at the second 'Bangalore Nano 2008' conference, Prof C N R Rao, chairman of Scientific Advisory Council to the prime minister said, work on the institute would begin in a couple of months. Officers said that the full-fledged institute would focus on research and training in the field of ...
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Sensex sees lowest closing for 2008 on dismal global cues

  Sharp slump in the US as well as in Asian and European markets, due to cut in US economic growth forecast of 2008-2010 by Fed and weak housing data, has weighed on our markets. The Sensex closed below October 27, 2008 closing values. The benchmark indices remained under pressure throughout the session, despite showing a bit of recovery in the last 15 minutes of trade due to short covering. ...
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Chidambaram assures industry of cheaper bank loans

The finance minister will ask state-run banks to lower lending rates to help revive sagging industrial growth, industry officials said on Monday. Heads of three leading industry bodies -- CII, FICCI and ASSOCHAM -- met Finance Minister Palaniappan Chidambaram to highlight the problems they were facing in the wake of slack domestic demand and a global credit crisis. "The FM has assured us that...
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It's final countdown for Tatas on Singur

Is it the end of the road for Tata Motors at Singur? Frustrated with unending turmoil over the company's upcoming Nano car plant, the company appears to have "run out of patience" and is making a "final assessment" of the situation, highly placed company sources told TOI. The company, which has been made "more or less a hostage" in the state because of continued protests led by Mamata ...
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Trustees: Who Can You Trust?

Early in my legal career I represented two young women in their early 20s.Their mother had been killed in a car accident when they were infants. An out of court settlement had been reached and a lump sum of cash had been awarded to each of them.Since they were "minors" (too young to have legal capacity to act for themselves) the money was given to their father "in trust" to be held until they ...
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8 Tips for Keeping More of Your Hard Earned Money

Masters degree not required...just a little common sense, a $5.00 calculator and a realistic plan is all you’ll need.“There’s got to be a better way” resonates with many of us, when contemplating how frustrated we’ve become with our investment decisions. Too many Canadians are spending far too much on credit card debt, accept inflated mortgage rates from financial institutions they've been loyal ...
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I Don't Need A Financial Coach To Help Me!

You’ve been thinking that your financial life could probably be better, right? Maybe you think, “If I could just stick to a budget everything will be fine…”, or how about “When I get that next raise or promotion, I’ll have enough money to pay off my debts and save some money…” You may even be thinking,“I can do this on my own!” I hear these comments and more on a regular basis. I usually say, “...
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Financial Intelligence - Natural Marketing For Lone Rangers

"Ooooooh," you may say, "I could NEVER be good at marketing, I'm just not that sort of person.  I'm just not pushy enough".  Well, if that is your reaction to the title of this article, I would like to kick off by giving you permission to hate marketing (and its cousin, "sales").  I am not going to try to turn you into a marketeer or a salesperson - but will you open your mind (...
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Financial Intelligence - Compounding (The Ninth Wonder of the World)

Compounding is often described as the ninth wonder of the world. It is a concept that initially sounds quite dull, but when you understand how compounding just quietly works its magic - or conversely its naughtiness – it’s a very exciting concept to grasp indeed!Compounding is the difference between linear and exponential growth, or put more simply, about earning (or incurring) interest on the ...
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