Posted November 30th, 2008 by editor
When you are a pro at a scam–the definition of “scam” also can be found under the term “insurance industry” — you know how to try to pull a fast one.
And AIG is trying to pull one — under cover of the holidays. Check this out.
From:http://www.huffingtonpost.com/jonathan-tasini/aig-pulls-fast-one–cash_b_147005.html
Tags: aig, cash awards, holidays, insurance, insurance industry, term insurance
Posted November 30th, 2008 by editor
The only terrorist captured alive after the Mumbai massacre has given police the first full account of the extraordinary events that led to it
Link source:http://www.dailymail.co.uk/news/article-1090546/I-told-kill-breath-Captured-terrorists-account-Mumbai-massacre-reveals-plan-kill-5-000.html
Tags: extraordinary events, last breath
Posted November 29th, 2008 by editor
Shots were fired at a Toys R Us store in Palm Desert, CA, causing shoppers at the busy store to scramble for cover.
The Associated Press and KCAL-TV Channel 9 reported that two people were found dead at the shop.
Get the low-down here:http://latimesblogs.latimes.com/lanow/2008/11/shots-were-fire.html
Tags: associated press, black friday, channel 9, kcal tv, palm desert ca, rush, shoppers, toys r us, toys r us store, tv channel
Posted November 28th, 2008 by editor
General Motors Corp., criticized by U.S. lawmakers for its use of corporate jets, asked aviation regulators to block the publics ability to track a plane it uses.
Representatives at the Nov. 19 House hearing faulted Ford and Chrysler for taking private jets to Washington to plead their case. Couldnt you all have downgraded to first [...]
Tags: aviation, chrysler, corporate jet, corporate jets, faa, first class, ford, general motors, general motors corp, gm, house hearing, lawmakers, private jets, regulators
Posted November 28th, 2008 by editor
Citigroup was involved in, and made money from, almost every link in the chain that resulted in the recent economic collapse.
And the banks executives, including the former Treasury Secretary Robert Rubin, were clueless about the reckless financial instruments they were creating. These are the people whom taxpayers bailed out on Monday.
Link:http://www.nytimes.com/2008/11/26/opinion/26friedman.html
Tags: citigroup, economic collapse, financial instruments, money, secretary robert rubin, taxpayers, thomas friedman, treasury secretary
Posted November 27th, 2008 by editor
The credit bailout will be the most expensive single expenditure in American history, potentially costing around $7.5 trillion — or HALF THE VALUE EVERYTHING PRODUCED BY THE UNITED STATES LAST YEAR.
In comparison, the total U.S. cost of World War II adjusted for inflation was $3.6 trillion.
Link:http://abcnews.go.com/Business/Economy/story?id=6332892
Tags: abc news, american history, balloons, financial bailout, inflation, trillion, trillions, united states, world war ii
Posted November 27th, 2008 by editor
Theres not much I like more than a good info graphic.
With words like billions & trillions crowding the headlines lately, this one puts thing in perspective.
Check it:http://www.voltagecreative.com/blog/2008/11/scary-bailout-money-info-graphic/
Tags: bailout, billions, headlines, perspective, trillions
Posted November 27th, 2008 by editor
A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into six separate parts. The Pacific coast, the South, Texas, the Atlantic coast, the Central states, and the North.
Link:http://www.drudgereport.com/flashrur.htm
Tags: central states, collapse, decline, economic turmoil, pacific coast, political analyst, united states
Posted November 26th, 2008 by editor
German medical conglomerate Bayer will pay $97.5 million to settle U.S. government allegations that it paid kickbacks to medical suppliers to boost sales of its diabetes products.
The full story is here:http://www.huffingtonpost.com/huff-wires/20081125/bayer-doj-settlement/
Tags: 5 million, 5m, allegations, bayer, conglomerate, diabetes, diabetes products, kickback, kickbacks, medical suppliers
Posted November 26th, 2008 by editor
President George W.
Bush’s Labor Department misled Congress in an effort to prove outsourcing jobs to private companies was more efficient than assigning the jobs to government employees, according to a Government Accountability Office report released Monday.
Link source:http://rawstory.com/news/2008/Bush_Labor_Department_misled_Congress_in_1125.html
Tags: bush administration, congress, george w bush, government accountability office, government accountability office report, government employees, labor department, outsourcing jobs, president george w bush, private companies