Business — Salient News

Archive for the ‘Business’ category

Federal Regulators Investigate 10 States for Brokers Selling Improperly Structured Notes

Financial Regulators in 10 states including Florida, Texas, New Hampshire and Missouri, are examining whether brokers improperly sold structured notes; securities that package debt with derivatives which are typically offered to individual investors. This financial product was marketed to customers as a solid and secure investment. They are called a ‘100 percent principal protected absolute [...]

Published by admin on October 28, 2011 1:48 pm

Madoff Regrets Deceiving Family, Not Clients

Bernie Madoff told Barbara Walters of ABC television that while he suffers from “horrible nightmares” in his North Carolina prison cell and feels despair over his estrangement from family members, he “can live with” the anger of people he defrauded. “Not seeing my family and knowing they hate me” is the worst thing about being [...]

Published by Mac on October 27, 2011 12:31 pm

Reason Magazine Perpetuates False Information About Safety and Efficacy of Antidepressants

by Bijan Esfandiari The September 27, 2011 edition of Reason Magazine reported on a “new working paper” from the National Bureau of Economic Research (NBER), suggesting that the FDA’s 2005 black box warnings concerning antidepressants and the risk of suicidal behavior in adolescents and teenagers caused a dramatic drop in antidepressant use and, consequently, a rise [...]

Published by Stoff on October 26, 2011 1:31 pm

Google Inc. Considering Purchasing Yahoo

According to the Wall Street Journal Google Inc. has been in discussions with least two private equity firms about potentially helping them finance a deal to buy Yahoo’s core business. Google’s interest is to sell advertising across Yahoo’s websites and give Google access Yahoo’s audience of nearly 700 million users. A spokesperson for Google declined comment. [...]

Published by Mac on October 24, 2011 12:40 pm

World’s First Commercial SpacePort Opens In New Mexico

Sir Richard Branson, owner of the Virgin Group of companies, opened the world’s first commercial SpacePort at a dedication ceremony in southern New Mexico. Branson was joined by New Mexico Governor Susana Martinez, Apollo 11 astronaut Buzz Aldrin and scores of would-be space travelers at the Virgin Galactic Gateway for the dedication. It had been nearly a [...]

Published by Mac on October 18, 2011 2:13 pm

Billionaire Rajaratnam gets 11 years for insider trading

Fallen hedge fund billionaire Raj Rajaratnam, who was convicted by a jury of 14 counts of conspiracy and securities fraud last May, has received the longest-ever prison sentence for insider trading. US district judge Richard Holwell sentenced Mr. Rajaratnam, the former head of the Galleon Group hedge fund, to 11 years in prison. ”His crimes [...]

Published by Mac on October 13, 2011 1:00 pm

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Ellen Gates: this medication was given to me for to long, consoderomg it was being used off label, whic...
E: To all of those who are angry and seeking revenge, the problems your children are experien...
Daniel Haszard: Actos is produced by Takeda Industries and co-marketed by Eli Lilly. Eli Lilly Zyprexa ...

Other News

Baum Hedlund Files Three Actos Bladder Cancer Lawsuits in Los Angeles December 30, 2011
Three Actos Bladder Cancer Lawsuits in Los Angeles FOR IMMEDIATE RELEASE : Los Angeles, California, December 29, 2011 – - Baum, Hedlund, Aristei & Goldman, P.C. (www.baumhedlundlaw.com) has filed three lawsuits today against Japanese-based Takeda Pharmaceuticals and its subsidiaries on behalf of three California residents and their spouses alleging the […]
EPA Finds Potential Link between “Fracking” and Well Water Contamination December 12, 2011
Pavilion, Wyoming located about 230 miles northeast of Salt Lake city is a small community surrounded by a natural gas well field, (up to 150 wells), owned and operated by Alberta based Encana Corporation. Encana uses hydraulic fracturing or “Fracking”, a controversial technology employed to recover and enhance natural gas and oil production from deep […]
New UN Report Links Extreme Weather to Climate Change November 1, 2011
AFP has obtained a copy of the IPCC ‘Man-made Climate Change’ draft report’s 20-page Summary for Policymakers, due to be released on November 18, 2011. The report, which is subject to Government revisions before its release, appears to coincide with a series of Global natural catastrophes in the last couple of years that have increased the […]
Dwarf Planet ‘Eris’ Gives Up More Secrets October 31, 2011
Eris, the dwarf planet discovered in 2005, has passed in front of a star and is providing astronomers with the clearest view of it since it was identified. The planets size and other characteristics have been difficult to measure because it is located nearly three times farther from the sun than Pluto and about 96 […]
St. Louis Wins Game 6 October 28, 2011
Texas was leading 7-4 after the 7th inning, but the Cardinals fought back in the 9th and 10th innings to win the game 10-9. The Cardinal’s managed one run in the 8th, then in the bottom of ninth Cardinals third baseman Dave Freese stepped up to the plate and with two out and with only […]