Thursday, September 25, 2008 The FBI is investigating 26 firms and 1,400 individuals involved in the US financial crisis for fraud and “sub-prime lending practices”. Freddie Mac, Lehman Brothers, Fannie Mae and AIG are among the firms being scrutinized after recently receiving federal bailouts. Investigators, who are cooperating with the IRS, Postal Office, and other […]
Saturday, July 21, 2007 The final Harry Potter book in the series, Harry Potter and the Deathly Hallows, has gone on sale today. The book was launched simultaneously across the world. The book launched first in the UK, where the book went on sale from midnight. Fans in one central London bookshop started joining the […]
Wednesday, April 13, 2022 On Monday, the National Assembly of Pakistan elected former chief minister of Punjab province Shehbaz Sharif, from the Pakistan Muslim League (N), the country’s next prime minister. On Sunday, the previous prime minister since 2018, Imran Khan of the Pakistan Tehreek-e-Insaf party, lost a no-confidence vote unseating him as head of […]
Thursday, November 8, 2007 What you are about to read is an American life as lived by renowned author Edmund White. His life has been a crossroads, the fulcrum of high-brow Classicism and low-brow Brett Easton Ellisism. It is not for the faint. He has been the toast of the literary elite in New York, […]
Relief efforts continue Over 116,000 are reported dead in the coastal areas of Sri Lanka, India, Indonesia, Thailand, Malaysia and other regions. As international aid begins to flow to the region, casualties caused by outbreaks of cholera, typhoid and related diseases, as well as by increasingly unsanitary conditions, threatens to push the death toll even […]
Tuesday, March 15, 2005A federal jury found Bernard Ebbers guilty on all nine counts in an indictment for fraud, conspiracy and false regulatory filings. The verdict was handed down by a New York jury after 8 days of deliberation on the former WorldCom CEO and mastermind behind the accounting scandal that brought down the telcom […]
Sunday, April 24, 2005 New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group. […]
Sunday, November 26, 2006 A suicide bomber has killed at least seven people in an attack on a restaurant situated in south-eastern Afghanistan. Twenty people are seriously injured in the attack. The attack took place in the Urgun district of Paktika province, which shares its border with that of Pakistan. Governor Mohammed Akram Akhpelwak said […]
Sunday, November 4, 2007 Earlier today, the government of Chad set free three French journalists and four Spanish flight attendants, who had been held since October 25. Chadian authorities had been investigating the role of the seven and 14 other suspects with regard to an attempt to fly 103 African children to Europe for placement […]
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