BEST EMERGING MARKET BANKS – 2009

AFRICA REGIONAL WINNER Standard Chartered COUNTRY WINNER Algeria Arab Banking Corporation Algeria Angola BES Angola Botswana Standard Chartered Bank Botswana Cote d’Ivoire Ecobank Ethiopia NIB International Bank Gambia Trust Bank Ghana Ghana Commercial Bank Guinea International Commercial Bank Kenya Barlcays Bank Kenya Libya Al-Wahda Bank Morocco Attijariwafa Bank Namibia Standard Bank Namibia Nigeria First Bank […]

Gangster ring busted in historic scam

Dozens charged with largest Medicare scam ever A vast network of Armenian gangsters and their associates used phantom health care clinics and other means to try to cheat Medicare out of $163 million, the largest fraud by one criminal enterprise in the program’s history, U.S. authorities said Wednesday. Federal prosecutors in New York and elsewhere […]

Coupons, coupons, coupons

Okay friends, this is as much for me as it is for you. I have become lazy when it comes to using coupons at the store. I don’t spend much time tracking them down. The few I have, I forget to take to the store with me most of the time. So I’m gathering a […]

Abercrombie & Fitch Pays CEO Millions to Stop Flying

Through the Great Recession, few brands struggled as much as Abercrombie & Fitch, the company that sells preppy, casual clothes to teens and young adults. While other retailers were slashing prices to attract consumers, the company was still pushing $90 pants, and stuck to its “aspirational” marketing campaigns featuring half-naked models. The tone-deaf strategy backfired: […]

Wentworth Miller Music Video

Wentworth Miller appeared in two of Mariah Carey’s music vidoes, acting as her lover. Check out the video below: “We Belong Together” by Mariah Carey, starring Wenthworth Miller. Wentworth Miller once said that he credits Mariah Carey with giving him his big break when she asked him to appear in the video for her 2005 […]

Facebook Fixes Bug That Allowed Friend Deletion

Facebook has fixed a flaw that let hackers delete Facebook friends without permission. The flaw was reported Wednesday by Steven Abbagnaro, a student at Marist College in Poughkeepsie, New York. It was patched Friday afternoon, Pacific time, after the IDG News Service notified Facebook of the issue. The bug was a variation of an earlier […]

Bank of America to stop debit card overdrafts

NEW YORK (AP) — Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It’s a step that may become a common move ahead of new regulations limiting overdraft fees. Rules set by the Federal Reserve that will ban banks from charging such […]

Costly Pro Athlete Screw-Ups

Almost 80 percent of National Football League players are flirting with bankruptcy two years after they retire, according to Sports Illustrated. NBA players aren’t faring much better. 60 percent of former National Basketball Association players end up broke within five years of retirement. Athletes squander millions of dollars due to bad decisions, lavish spending and […]