“Author Archive”
Stories written by Fred Wilder

Ed Koch – Former Mayor Of New York Dies

Ed Koch Former Mayor Of New YorkCity

Ed Koch, the three-term mayor who assisted in bringing New York back from fiscal ruin during the 1970s and came to enthrall the city with his outspoken, wry style, died Friday Feb 1.  He was 88-years old. When Koch was mayor from 1978 to 1989, he was quick-witted, and  forceful with a trademark phrase, “How’m […]

February 2nd, 2013 | Posted in Finance | Read More »

European Debt Crisis Soro Says – “Euro Is Here To Stay”

Euro Is Here To Stay

George Soros, a highly outspoken critic of Germany’s proposed austerity policies to attempt to fix the European debt crises, said that the euro is here to say and will gain momentum while other nations try to devalue their currencies. Soros the man who made $1 billion US by shorting the British pound back in 1992, […]

January 27th, 2013 | Posted in Finance | Read More »

Secret Transcripts – Show Lax Response To U.S. Financial Crisis

Financial crisis

Recently revealed 2007 documents unveil policymaker’s failure to grasp the severity of the 2008 recession. According to transcript’s recently American officials at the Federal Reserve, gravely underestimated the likelihood that the world economy would plunge into a financial crisis in 2007. On Friday, a series of transcripts from high-level meetings between policymakers  throughout 2007 was […]

January 21st, 2013 | Posted in Finance | Read More »

Egypt’s Leader Predicts The Egyptian Pound Will Stabilize In Days

Egyptian Pound drops

The Egyptian pound fell to a record-low Monday as Egypt’s president advised that his government would let it depreciate slowly for a few more days to stop any drains on foreign reserves that have pounded down the economy into a crisis situation following the fall of Hosni Mubarak. Surged by a new round of political […]

January 7th, 2013 | Posted in Finance | Read More »

Toyota Fined Again Because Of Safety Delays

Toyota fined again

The United States government has fined Toyota once again with a record US$17.4 million for delaying a safety recall and failing to report problems quickly to federal regulators. The National Highway Traffic Safety Administration, an agency that monitors vehicle safety in the United States fine is the maximum allowed by American law. It is the […]

January 1st, 2013 | Posted in Finance | Read More »

HSBC Fined $2.3 Billion For Not Maintaining Controls To Prevent Criminal Activity

HSBC Fined $2.3 Billion

HSBC agreed to pay an unprecedented US$1.92 billion (NZ$2.3 billion) fine in order to settle a multi-year probe by U.S. prosecutors, who accused the biggest bank in Europe of not enforcing rules created to prevent the money laundering of criminal cash. HSBC Holdings has apologised and admitted to a breakdown of controls in a statement […]

December 31st, 2012 | Posted in Finance | Read More »

Cow Deaths In Taranaki Caused By Urea Poisoning

Urea Poisoning

It has been confirmed that Urea poisoning was the cause of last week’s deaths of 122 cows on a dairy farm in south Taranaki. The herd of 600 were owned by Catherine Cook, the 2007 Taranaki Sharemilkers of the Year. Stephen Hopkinson, the chief executive of the Taranaki Veterinary Centre, said that there were still […]

December 23rd, 2012 | Posted in Finance | Read More »

New Port Mann Toll Bridge In Surrey Causing Locals To Take Alternate Routes

Port Mann Toll Bridge

SURREY B.C. – Drivers are changing routes for their morning commute as the Port Mann’s toll bridge kicks in. However, city officials caution that it is still too early to tell what the true effects of the toll will be. According to traffic statistics, around 70,275 vehicles – around 6,000 more than normal before the […]

December 22nd, 2012 | Posted in Finance | Read More »

European Union Budget Talks Collapse After Riffs Over Funding Increase

European Union Talks Collapse

Following eight hours of negotiations in Brussels, talks ended in walkouts after MEPs refused to let go of demands for an additional £13.8 billion in European Union spending for 2012 and 2013. The break-down of the talks puts fresh doubts on if a major summit to agree to the European Union’s future funding from 2014 […]

December 18th, 2012 | Posted in Finance | Read More »

Gold Prices Fall Below $1,700 An Ounce

Gold Prices Fall

SAN FRANCISCO – Gold prices fell below the important level of $1,700 an ounce on Tuesday, with the sell-off triggered by Asian short-selling. February gold – CNS:GCG3 – dropped 1.3% or $23, to $1,698.10 an ounce on the New york Mercantile Exchange, Comex division. It hit a low of $1,695.60. November didn’t develop the type […]

December 10th, 2012 | Posted in Finance | Read More »

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