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Trade-Exchange Rates

  • SEC Approves New Guidance for Compliance with Section 404 of Sarbanes-Oxley
    24 May 2007 par (Open-Publishing)

    The Securities and Exchange Commission today unanimously approved interpretive guidance to help public companies strengthen their internal control over financial reporting while reducing unnecessary costs, particularly at smaller companies. The new guidance will enhance compliance under Section 404 of the Sarbanes-Oxley Act of 2002 by focusing company management on the internal controls that best protect against the risk of a material financial misstatement.
    “Congress never intended that (…)

  • Plunge Protection Team Now in Hyperactive, Preemptive Mode
    23 May 2007 par (Open-Publishing)

    The market is the place set apart where men may deceive each other.
    Anacharsis
    How odd it is that over the past 20 years Deconstructionists and lingusitic "experts" have rendered much of philosophy - other than "analytical" variations - impotent based on the premise that the imprecise language used in speculative and metaphysical strains invalidates their significance. OK. So Plato’s innate ideas, Spinoza’s pantheism, Hegel’s dialectics, and most of existentialism, for instance, are not (…)

  • Israeli banks profit from Holocaust
    18 May 2007 par (Open-Publishing)

    TUESDAY, DECEMBER 07, 2004 16:49 MECCA TIME, 13:49 GMT By Jonathan Cook in Jerusalem
    Investigations by the Israeli parliament have dug up disturbing evidence that Israel has been profiting for decades from vast sums invested in local banks by European Jews who died in the Nazi death camps. Banks object to how Holocaust assets have been calculated
    And even now the banks are delaying returning the money to their heirs.
    But unlike a similar scandal that hit European banks in the (…)

  • Holocaust group trying to halt Leumi privatization
    18 May 2007 par (Open-Publishing)

    Last update - 02:53 13/05/2007 By Amiram Barkat
    The state-owned Company for Locating and Retrieving Assets of People Who Were Killed in the Holocaust is attempting to halt the privatization of Bank Leumi until an agreement is reached over the transfer of accounts of Holocaust victims. This weekend, company chairman Avraham Roet appealed to Minister Rafi Eitan, who was recently appointed by Prime Minister Ehud Olmert to advance the privatization of the state-owned bank, to stop the process (…)

  • Protectionism, Patsies and Pussies
    6 May 2007 par (Open-Publishing)
    5 comments

    How do you explain the advantages of globalism to a seven year old while she’s burying a family pet in the back yard. “Well you see Virginia, sometimes companies let bad things get into the cat food.” Of course that answer is just so superficial, the fact is the Chinese are a raging success at capitalism not just from a monetary standpoint but from a behavioral point of view as well.
    Sometimes we watch our children play and we see aspects of ourselves reflected in them that we don’t like (…)

  • U.S. and EU Agree ’Single Market’
    2 May 2007 par (Open-Publishing)
    4 comments

    The United States and the European Union have signed up to a new transatlantic economic partnership at a summit in Washington. The pact is designed to boost trade and investment by harmonising regulatory standards, laying the basis for a US-EU single market.
    The two sides also signed an Open Skies deal, designed to reduce fares and boost traffic on transatlantic flights.
    But little of substance was agreed on climate change.
    However, EU leaders were pleased that the US acknowledged (…)

  • American Stocks to dump Dow down 200
    13 March 2007 par (Open-Publishing)
    4 comments

    Dow Jones down 200+
    Drop the following Media companies
    Time Warner
    Viacom
    Disney
    GE NBC-Universal
    Sony - Sony entertainment
    Don’t get stuck.

  • DUMP U.S. MEDIA STOCKS
    13 March 2007 par (Open-Publishing)
    1 comment

    Now is the time to dump all U.S. Media stocks
    TIME WARNER
    VIACOM will loose lawsuit against google.
    NBCUNI-GE
    DISNEY
    SONY
    DUMP NOW DUMP NOW.....
    Stocks are falling. These companies are going to be wasted.

  • U.S. urges caution on subprime loans
    3 March 2007 par (Open-Publishing)
    1 comment

    By Becky Yerak
    March 3, 2007
    The subprime mortgage business is starting to have the whiff of the troubled airline industry.
    At least 20 U.S. subprime lenders in recent months have closed, retrenched, filed for bankruptcy, delayed earnings reports, taken financial hits, or been sold or downgraded amid a rise in delinquency rates.
    And federal regulators have noticed.
    Worried that "subprime borrowers may not fully understand the risks" of such lending products as adjustable-rate (…)

  • Asian Stocks Post Worst Weekly Drop in 7 Months; China Slumps
    3 March 2007 par (Open-Publishing)
    3 comments

    By Chen Shiyin
    March 3 (Bloomberg) — Asian stocks fell from records, posting the biggest weekly slump in seven months, amid a global rout that erased more than $1.5 trillion of stock-market value.
    ``Market gains had been very fast up until now, when in fact, there were plenty of things to be cautious about such as the slowdown in the U.S. and a correction in Chinese stocks,’’ said Masayuki Kubota, who oversees $2.1 billion in assets at Daiwa SB Investments Ltd. in Tokyo.
    Industrial (…)