Archive for August, 2007

Consumer Spending Up In July

Many people have been predicting a complete collapse of the economy, but signs don’t point to that happening. July consumer spending was up, but it’s not enough to convince pundits that an economic rebound is imminent. The rise in spending related to a higher than expected rise in income. But investors are […]

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Flaherty will get you nowhere (The Globe and Mail)

Ladies and gentlemen of Bay Street, you have been the victims of a clever fraud. You believed, back in the winter of 2006, when your hearts were aflutter and your cheeks rosy with hope—or was that frostbite?—that you had finally placed some friends in high places in Ottawa.

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Suspended sentence over investor scam (Australian Broadcasting Corporation)

A former financial adviser has been given a suspended jail sentence for his part in two collapsed investment schemes in the 1990s.

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Sony?s new video walkman

On Thursday Sony introduced a new version of its Sony Walkman, which includes the ability to play digital video. This will be available in September and it will be the latest potential rival to Apple’s iPod. It will support an open platform, meaning that it will be able to play a variety of […]

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Banker pleads guilty to swindles (Texarkana Gazette)

A Texarkana investment banker pleaded guilty Wednesday in federal court to swindling clients out of hundreds of thousands of dollars. Mark Wayne Jaster could receive up to 20 years in a federal prison and a fine of $250,000 for his guilty plea to one count of wire fraud.

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Voted #1 Florida Press 2004 FIRST PLACE Best Web Site Florida Keys Keynoter (Keynoter.com)

Nineteen owners of condominiums at Sombrero Cay Club Resort and Marina in Marathon have sued the resort owners and others, alleging multiple counts of fraud.

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Enterasys sentences ‘lenient’ (New Hampshire Union Leader)

Three more former Enterasys Networks Inc. executives, in U.S. District Court in Concord, were sentenced this week to prison terms for their roles in an accounting fraud conspiracy at the computer network company formerly based in Rochester.

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House Flippers Helping To Fuel Foreclosures

The housing market has been taking a beating lately and the number of foreclosures on the rise.Analysts are now placing some amount of blame on “flippers” -speculative real estate investors that bought homes to either repair or to hold and sell to someone with the hopes that they could raise the asking price and turn […]

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Investment scams may try to lure you through your trust in friends (Honolulu Advertiser)

State and federal regulators continue to warn investors about new investment scams, especially during a time like this when people are desperately looking for better returns in a declining market.

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Sun Sports and Entertainment Inc (SSPE.PK)

Status: not verified
Total: 4 messages
Start: Tue, 13 Mar 2007
End: Thu, 30 Aug 2007
Website: http://www.sunorganization.com/

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