Tag Archives: transaction

Rousseau, Aristotle, and Freud on Political Narcissism

Wes Alwan Partially Examined Life Rousseau was not a cheerful fellow. According to Terry Eagleton, he’d be even less cheerful if he were alive to see what has happened to the public sphere and educational system in Europe: … would … Continue reading

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Northumbrian Water shares jump after Li Ka-Shing takeover

Source: The Telegraph Shares in Northumbrian Water rose by 4pc after the utility group agreed to be taken over by Hong Kong’s richest man for £4.7bn. It is the second purchase of utility assets by Li Ka-Shing’s Cheung Kong Infrastructure … Continue reading

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Greece Scammed By Goldman While Trying To Meet EU Financial Terms

Alexander Higgins Alexander Higgins Blog While trying to meet the terms of the EU Treaty, Goldman Sachs’ duped Greece in a derivative transaction disguised as a loan leaving taxpayers on the hook for $793 million. A Bloomberg report on Goldman … Continue reading

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Soft Money: How Facebook Can Boost Its Virtual Currency

Source: Wired Facebook makes the vast majority of its revenue from advertising sold on its site. But the company’s recent S-1 filing for its initial public offering showed that a substantial portion comes from Credits, the virtual currency used in … Continue reading

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Seven charged in $60m stock fraud

Source: 7News Greed on Wall Street set a new record, federal authorities say as they unveil a massive insider trading case charging a hedge fund co-founder with engineering a trade that earned a staggering $53 million in profits. The illegal … Continue reading

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MF Global sold assets to Goldman before collapse: sources

Source: Reuters MF Global unloaded hundreds of millions of dollars’ worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But it did … Continue reading

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Eurozone: France and Germany urge common taxes

Source: BBC News The leaders of France and Germany have called jointly for eurozone countries to have common corporation and financial transaction taxes. The tax policy would apply initially to the 17-member eurozone. France has long complained about Ireland’s low … Continue reading

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Judge rejects SEC deal with ‘recidivist’ Citigroup, calls fine ‘pocket change’

Source: CS Monitor A federal judge in New York refused on Monday to endorse a $285 million consent agreement with the SEC that would have allowed Citigroup Global Markets, Inc., to avoid any admission of wrongdoing in a deceptive securities … Continue reading

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