US bank Goldman Sachs accused of fraud

Saturday, April 17, 2010 US bank Goldman Sachs has been accused of fraud by the American regulator Securities and Exchange Commission (SEC). Goldman Sachs arranged a transaction at Paulson’s request in which Paulson heavily influenced the selection of the portfolio to suit its economic interests According to the SEC, Goldman Sachs failed to inform investors…

McCain and Obama face off in U.S. presidential candidate debate

Sunday, September 28, 2008 The two major party presidential candidates in the US, Democrat Barack Obama and Republican John McCain, faced each other yesterday in the first TV debate. Despite that McCain had asked to postpone the debate, both were present at the University of Mississippi. The debate, which was moderated by PBS‘ Jim Lehrer,…

Oil prices drive new investment in clean technology

Monday, April 24, 2006 Investors are rushing to fund new ventures in renewable energy as Americans continue to see rising gasoline prices at the pump. The price for crude oil continues to rise to new record highs ($75 per barrel of crude oil on NYMEX as of Friday’s close). According to the results of a…

Craigslist sued for hosting discriminatory housing ads

Saturday, February 11, 2006 Craigslist.com, a popular free online classifieds site, has been sued for hosting discriminatory housing ads by the Chicago Lawyers’ Committee for Civil Rights Under Law Inc., a fair housing group. The housing ads cited as objectionable included such statements as “NO MINORITIES,” “Requirements: Clean Godly Christian Male,” and “Only Muslims apply.”…