Casino banking: creating risk and gambling on it

Archive for September, 2012

Casino banking: creating risk and gambling on it

Banks have proven time and time again that they can't control derivatives trading, says the ABC's financial presenter Alan Kohler.

16 Ways to Make Haggling Work for You

It happens in markets and stores all around the world: Buyers and sellers haggle over prices. Sometimes they succeed and a deal is struck. Other times the buyer walks away empty handed.

Rwanda: The Police Won't Tap Your Phone, but Others Might

Focus]When recently the chamber of deputies approved a law that would allow security forces to use phone tapping to fight crime and for other security purposes, some people expressed worries about whether this might not lead to invasion of privacy.

US bank earnings rose 21 pct in Q2, lending up

The Federal Deposit Insurance Corp. said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011.

Mississippians watching out for gas gouging

Only 2 people have been arrested in Mississippi for gas gouging, but complaints about sky high gas prices have been pouring in the Action 5 newsroom for days.