The Hon’ble Supreme Court of India while hearing a Public Interest Litigation has recently in the last week of January made a sensational observation on the high-tech prostitution by some sections of affluent girls/women for earning money in easy way by brushing aside social and ethical values and shown serious concern over the issue and […]
Standard and Poor’s as a political watchdog
http://afripol.org/ The emergence of S&P as a political watchdog may weaken trust and confidence […]
Economic Myths: We Separate Fact From Fiction
by Michael Grabell, ProPublica With the recent Iowa straw poll [1] and President Obama’s bus tour [2], Americans are hearing a cacophony of arguments about the wobbly economy. The federal stimulus package passed in 2009 was either a deficit-busting failure full of wasteful projects or an unparalleled rescue that would have been more successful if […]
Madoff’s Inner Circle: Who Knew What?
When Bernard Madoff pleaded guilty to running the biggest Ponzi scheme in history, he insisted he was the lone perpetrator, asserting that no one – not his family, not his colleagues, not his friends – knew of the fraud. But an alternate narrative is emerging from the pile of Madoff-related civil suits and court motions […]
JK Bank is also a developmental organization of J&K state,earns Rs 392 cr worth profit :Drabu
Srinagar-Kashmir (Scoop News) – Jammu Kashmir Bank is a commercial bank but is also a developmental organization of Jammu & Kashmirr state has registered a net profit of Rs. 392.33 crore for the nine months ended December 2009, up by 18 per cent when compared to net profit of Rs.331.16 crore of corresponding period […]
Housing Stocks- Market Reversal? Banks Not Feeling Stress…Yet
Dear Investor, The saga continues for the homebuilders. Last week, we saw the first steps toward consolidation in this sector when Pulte Homes (NYSE:PHM) bought out Centex (NYSE:CTX). This came on the heels of some slight improvements in existing home sales. Even yesterday, a builder sentiment survey showed an improvement among builders. That got investors […]
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