SAN FRANCISCO (Reuters) - The government is investigating if homeowners were misled by California bank and mortgage issuer Golden West Financial, which was acquired by Wachovia Corp -- another possible victim.
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Collectible Investments: 100-year old $20 gold piece up 65% in past five years
Wed, Nov 19, 7:10 PM ET
Filed under: Other issues, ColumnsCan investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will review items of interest from his collection and answer your questions here each week.Some 40 million American adults are considered collectors...
China And Peru Sign Free Trade Agreement, Extending Asian Influence In Latin America
Wed, Nov 19, 7:00 PM ET
China and Peru signed a free trade agreement today (Wednesday) that will pave the way for further cooperation between the two countries and broaden China’s influence in Latin America. Chinese President Hu Jintao landed in Peru along with a delegation of nearly 600 business leaders and finance ministers that will accompany him to this weekend’s Asia-Pacific Economic Cooperation (APEC...
Filed under: Wal-Mart (WMT), Best Buy (BBY), Costco Wholesale (COST), Economic data, RecessionElectronics giant Best Buy (NYSE: BBY) is not only suffering from the worst consumer holiday spending meltdown in years, but its beleaguered customer base is now fleeing to discount retailers like Wal-Mart (NYSE: WMT) and Costco (NASDAQ: COST). So it appears Best Buy is getting hit with a double whammy...
Filed under: Law, Scandals, Financial Crisis This post is part of a feature in which he wonder whatever happened to some notorious financial felons. See all 17. Bernard Ebbers, WorldCom's founder, built it into the world's largest telephone company, then drove it into the ground with his illegal dealings. He overstated WorldCom's cash flow by improperly booking $11 billion in company revenues. ...
Filed under: Forecasts, Politics, Federal Reserve, RecessionThe case for a large fiscal stimulus package has received a shot in the arm, but as with so many economic developments during this decade, there's an upside and a downside.A group of about 100 CEOs has urged President-elect Barack Obama to "quickly implement" a stimulus package of roughly $500 billion. The CEOs said the package should ...
Filed under: Earnings reports, Trina Solar ADS (TSL), Suntech Power Hldgs ADS (STP)Increasing demand for solar energy and solar products proved to be a boon for Trina Solar Ltd. (NYSE: TSL) and LDK Solar Co. Ltd. (NYSE: LDK) as both companies reported Wednesday that their earnings soared in the third quarter. Investors were not impressed, however, pushing shares lower. Trina Solar, a maker of s...
My iPhone is one of the coolest things I have ever bought. It is a really amazing device. It holds so much power. For example, a month ago I downloaded Wikipedia on the iPhone. The whole thing. I now have the sum of all human knowledge literally at my fingertips - even without an internet connection. Isn’t it amazing? Only 15 years ago you had to travel to a library and then look up books...
Filed under: Barrick Gold (ABX), Yamana Gold (AUY), Newmont Mining (NEM), ETF Investing, Goldcorp Inc (GG), Kinross Gold (KGC), BHP Billiton Ltd ADR (BHP), Anglo Amer ADR (AAUK)It seems that everywhere you turn you hear something about the price of gold, from analysts to commercials encouraging you to sell your old jewelry for big bucks. If you're tempted, how about a bit safer investment in th...
Filed under: Products and services, Walt Disney (DIS), Media World, TechnologyFor movie lovers, one of the things that matters almost as much as a movie story line, is the picture and sound quality. Up until recently, there was little question as to where you needed to go to get the best video possible for a movie -- your nearest Imax theater. But recently, Imax has been under pressure from adv...