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theaustralian.com.au - 2 days ago
Coalminers say they've been shafted by Rudd's carbon scheme
— theaustralian.com.au — Other exporters caught up in the changes, such as those producing liquefied natural gas, gave a lukewarm... response, but miners were quick to speak out against a proposed doubling in assistance for coalminers to $1.5bn in the Rudd governments' Carbon ... (more) Coalminers say they've been shafted by Rudd's carbon scheme

Comments vote down The Oil Drum - Discussions about Energy and ... found this 2 days agofound this
Post-Lehman Deja Vu As T-Bill Yields Turn Negative
zerohedge.com - 7 days ago
Post-Lehman Deja Vu As T-Bill Yields Turn Negative
— zerohedge.com — The last time Bill yields turned negative (in essence investors paying the Government to hold their money... for them) was in the days after the Lehman bankruptcy, when the entire world was about to blow up. So why did Bill yield for January maturity ... (more) Post-Lehman Deja Vu As T-Bill Yields Turn Negative

Comments vote down Bear Mountain Bull found this 7 days agofound this
The US Ponzi Scheme Economy Continues with a New Bailout of GMAC
fundmymutualfund.com - 29 days ago
The US Ponzi Scheme Economy Continues with a New Bailout of GMAC
— fundmymutualfund.com — The Wall Street Journal reports of a new round of bailouts for GMAC.  If you are not... familiar on how the full Ponzi scheme economy is working, I touched on this in a June piece (this was well before Cash for Clunkers) - let's review. p.s. in ... (more) The US Ponzi Scheme Economy Continues with a New Bailout ...

Comments vote down Abnormal Returns found this 29 days agofound this
hf-implode.com - 28 days ago
Madoff victims get $534.3 million
— hf-implode.com — " The slow pace of the payouts, nearly a year after the scandal broke, shows the challenges... facing Picard as he supervises the liquidation of Bernard L. Madoff Investment Securities LLC, home to a Ponzi scheme estimated at $65 billion." (more) Madoff victims get $534.3 million

Comments vote down iehi iehi posted 28 days agoposted this
Canadian Insider Scheme Both Tragic, Outrageous
securitiesdocket.com - 28 days ago
Canadian Insider Scheme Both Tragic, Outrageous
— securitiesdocket.com — Details about the scheme carried out by law school friends Gil Cornblum and Stan Grmovsek are beginning... to emerge following Grmovsek’s guilty pleas in Toronto and New York on Tuesday to a variety of fraud and insider trading charges. The allegations describe one of the most brazen ... (more) Canadian Insider Scheme Both Tragic, Outrageous

Comments vote down bcarton bcarton posted 28 days agoposted this
sec.gov - 27 days ago
Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme
— sec.gov — List of exhibits for Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme (Report... No. OIG-509 ): Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhibit 10 Exhibit 11 Exhibit 12 ... (more) Investigation of Failure of the SEC to Uncover Bernard ...

Comments vote down DealBook found this 27 days agofound this
nytimes.com - 27 days ago
Lapses Kept Scheme Alive, Madoff Told Investigators
— nytimes.com — Nobody was more surprised that the Securities and Exchange Commission did not discover Bernard L. Madoff ’s... enormous Ponzi scheme years ago than Mr. Madoff himself. After all, it would have been pretty simple, he said in a transcript of a jailhouse ... (more) Lapses Kept Scheme Alive, Madoff Told Investigators

Comments vote down DealBook found this 27 days agofound this
hf-implode.com - 24 days ago
Madoff documents reveal incredulous, unfocused SEC
— hf-implode.com — U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but... never followed through on the many red flags they uncovered. Hundreds of documents released on Friday by U.S. Securities and Exchange Commission's portray an agency at times ... (more) Madoff documents reveal incredulous, unfocused SEC

Comments vote down iehi iehi posted 24 days agoposted this
“Sir” Allen Stanford? Not Anymore
securitiesdocket.com - 24 days ago
“Sir” Allen Stanford? Not Anymore
— securitiesdocket.com — “Sir” Allen Stanford is now just Allen Stanford. The Houston Chronicle reports that the panel that approves... candidates for knighthood in the Antigua and Barbuda has voted to rescind the title granted to Stanford in 2006. The vote was unanimous. Jacqui Quinn-Leandroly, chairwoman of the ... (more) “Sir” Allen Stanford? Not Anymore

Comments vote down bcarton bcarton posted 24 days agoposted this
Madoff Auditor Friehling Pleads Guilty to Nine Counts
securitiesdocket.com - 23 days ago
Madoff Auditor Friehling Pleads Guilty to Nine Counts
— securitiesdocket.com — David G. Friehling, Bernard Madoff’s independent auditor from 1991 until 2008, pleaded guilty today to nine criminal... charges that carry up to 114 years in prison. The New York Times reports that Friehling admitted that he had never adequately audited the Madoff operation and was not truly ... (more) Madoff Auditor Friehling Pleads Guilty to Nine Counts

Comments vote down bcarton bcarton posted 23 days agoposted this
fridayinvegas.blogspot.com - 23 days ago
Kid Dynamite's World
— fridayinvegas.blogspot.com — STO began the session with a little background regarding the Administration's response to the financial crisis. The... first point that caught my ear was the description of the stress tests as having been designed to restore a level of confidence in the ... (more) Kid Dynamite's World

Comments vote down The Aleph Blog found this 23 days agofound this
tradinghelpdesk.ning.com - 22 days ago
The UK Banking Sector and Asset Protection Scheme
— tradinghelpdesk.ning.com — A comprehensive review of the UK government's asset protection scheme for Lloyds and RBS.... (more) The UK Banking Sector and Asset Protection Scheme

Comments vote down ForexHelpDesk ForexHelpDesk posted 22 days agoposted this
fridayinvegas.blogspot.com - 22 days ago
A Sit Down With Senior Treasury Officials - Part I
— fridayinvegas.blogspot.com — I received a mysterious email last week from the Treasury, inviting me to a discussion about the... Administration's policies and reactions to the economic crisis.  Although the timing sucked for me - it was the Monday following the weekend of my ... (more) A Sit Down With Senior Treasury Officials - Part I

Comments vote down Abnormal Returns found this 22 days agofound this
SEC Charges Wall Street Lawyers and Traders in $20 Million Insider Trading Scheme
sec.gov - 21 days ago
SEC Charges Wall Street Lawyers and Traders in $20 Million Insider Trading Scheme
— sec.gov — The Securities and Exchange Commission today charged a pair of lawyers for tipping inside information in exchange... for kickbacks as well as six Wall Street traders and a proprietary trading firm involved in a $20 million insider trading scheme. (more) SEC Charges Wall Street Lawyers and Traders in $20 ...

Comments vote down FT Alphaville found this 21 days agofound this
securitiesdocket.com - 20 days ago
Grmovsek to Receive 39 Month Sentence for Insider Tarding Scheme
— securitiesdocket.com — Stan Grmovsek, the former Canadian stock trader who worked with former Dorsey & Whitney law partner Gil... Cornblum to make nearly $10 million through insider trading, will be sentenced to 39 months in jail by an Ontario court. Bloomberg reports that today, an Ontario judge delayed imposing ... (more) Grmovsek to Receive 39 Month Sentence for Insider ...

Comments vote down bcarton bcarton posted 20 days agoposted this
hf-implode.com - 18 days ago
More Extortion By The Banks
— hf-implode.com — "The economy cannot resume sustainable growth and health until and unless the causes of the mess are... remedied, as all of the above have led to unsustainable debt levels throughout the economy. The current "remedy" being applied is to pretend the bad debt does not exist, pretend the excessive ... (more) More Extortion By The Banks

Comments vote down iehi iehi posted 18 days agoposted this
Lev Dassin, Who Prosecuted Madoff, Joins Cleary Gottlieb
nytimes.com - 17 days ago
Lev Dassin, Who Prosecuted Madoff, Joins Cleary Gottlieb
— nytimes.com — Lev L. Dassin, a former top federal prosecutor in Manhattan whose office won the conviction of Bernard... L. Madoff for his huge Ponzi scheme , resulting in a 150-year sentence, is joining the New York office of the international law firm Cleary Gottlieb ... (more) Lev Dassin, Who Prosecuted Madoff, Joins Cleary Gottlieb

Comments vote down DealBook found this 17 days agofound this