With A Little Help From My Friends

March 11th, 2009 • No Comments

Association can be a wonderful thing, as is demonstrated by France finally breaking 43 years of ‘independence’ in times to trouble to realign with NATO; the company you keep, however, can also have detrimental repercussions as demonstrated by Africa’s growing financial worries. Continue reading ‘With A Little Help From My Friends.’

Jim Cramer’s Financial Fraud Exposé

March 11th, 2009 • No Comments

In a candid interview with Wall Street Confidential, Jim Cramer host of CNBC’s Mad Money spoke actively about decisions he made while managing his hedge fund — from things explicitly illegal, that he simply claims are easy to achieve because the “SEC doesn’t understand,” to things which are not entirely illegal. Continue reading ‘Jim Cramer’s Financial Fraud Exposé.’

SEC Charges Adviser with ‘Client Creation’

March 11th, 2009 • No Comments

The Securities and Exchange Commission announced Monday a money manager and investment adviser in with offices in New York and Rhode Island will be charged with financial fraud — saying that she manipulated records and claims to ‘create’ a fake client with a billion dollar portfolio; aiming to attract legitimate investors and build credibility. Continue reading ‘SEC Charges Adviser with ‘Client Creation’.’

Fraud, Political Fraud and More Fraud

March 2nd, 2009 • No Comments

Really, the day has been fraught with news that the U.S. government has/had no respect for the constitution, Cubans would be replacing much of their cabinet and federal officials, and the FTC has identified a new breed of Internet scam, one that is making ample use of the recent Obamarama around the world to prey on those who aren’t aware. Continue reading ‘Fraud, Political Fraud and More Fraud.’