Both sides of the political isle are pressuring the Fed to be more transparent regarding its monetary policy and cease “cozying up” to the banks it oversees. There are several legislative proposals that some prior Presidents of the Fed consider to be a threat to its independence. If any one of them are passed, it would be …
Continue reading “Proposed Legislation Demanding More Transparency from the Fed”
Posted by Patrick Cleaver. Every law is made to help the public, to protect the safety of the driver, and deliver a reliable car. The car industry knows they make mistakes and are responsible for fixing the damages for free when such mistakes occur and cars get recalled. However, does a used owner know that …
Posted by Mihran Naltchayan. On January 16, 2012 around 1:30am, there was a burglary at a jewelry store named “Taline’s Jewelry” in Edgewater, NJ. Burglary is the breaking and entering into a building with the intent to commit a felony therein. The jewelry store was arranged with a front display space, and the store next door …
Posted by Shaaliyah T. Lyons. Background: On one Saturday night around 11:00pm stopped at a light, I looked up and realized I was being pulled over on Central Ave., in East Orange New Jersey. Already in the far-right lane, I moved over slightly to get out the way of traffic. I turned the car off and …
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Posted by Yuanda Xu. In 2003, Lucent Technologies decided to fire the CEO, COO, Financial Executive and marketing manager in China. Lucent did this because company in China bribed the Chinese officials to get more benefits. As expected, Lucent fired these four people, and paid $2.5 million to settle charges. The company paid a $1 …
Both sides of the political isle are pressuring the Fed to be more transparent regarding its monetary policy and cease “cozying up” to the banks it oversees. There are several legislative proposals that some prior Presidents of the Fed consider to be a threat to its independence. If any one of them are passed, it would be …
Continue reading “Proposed Legislation Demanding More Transparency from the Fed”
Posted by Shaaliyah T. Lyons. Background: On one Saturday night around 11:00pm stopped at a light, I looked up and realized I was being pulled over on Central Ave., in East Orange New Jersey. Already in the far-right lane, I moved over slightly to get out the way of traffic. I turned the car off and …
Continue reading “My Court Experience, by Shaaliyah T. Lyons”
Posted by Yuanda Xu. On Oct. 30, 2014, Sembcorp Marine’s finance director Wee Sing Guan was sentenced to 39 months in prison for falsifying the accounts of the group’s Jurong Shipyard, Sembcorp’s wholly owned unit. The company lost “hundreds of millions of dollars’ worth of marked-to-market losses that Wee had incurred on foreign exchange and options trades …
Continue reading “Sembcorp Marine Finance Director Sentenced to Prison”
Posted by Connie Huang. HSBC is a bank with locations in Europe. Two branches raided on or about February 18, 2015 by Swiss authorities are located in Geneva. They raided the banks, because the banks are accused of money laundering. Money laundering is “a financial transaction scheme that aims to conceal the identity, source, and …
Continue reading “HSBC Offices Raided Over Money Laundering Allegations”
Posted by Mihran Naltchayan. On January 16, 2012 around 1:30am, there was a burglary at a jewelry store named “Taline’s Jewelry” in Edgewater, NJ. Burglary is the breaking and entering into a building with the intent to commit a felony therein. The jewelry store was arranged with a front display space, and the store next door …
