As the United States government is already bankrupt and keeps printing money to meet it’s social responsibilities to the people, and to keep government running. Countries around the world have looked elsewhere to park their money and invest.
Every time the Federal Exchange prints more U.S dollar, it dilutes the dollar and therefore devalues the dollar making it more worthless.
The charges against Mr. Gupta will show that Gupta was the insider a member of financial establishment. If the charges are proven, it would be the worst kind of corporate betrayal for Goldman Sachs.
Mr. Gupta was named as Mr. Rajaratnam’s co-conspirator , unlike Mr. Rajaratnam and other insider traders, Mr. Gupta has been caught on tape discussing the alleged wrongdoing add the fact that he bought into a Galleon fund.
With economic growth stalling on around the world and high unemployment plus government debt, Roubini says we are right back to where the world was 2008 crisis, if not worse.
Read article, copy and paste web address to your browser:
http://www.cnbc.com/id/44368995
The United States Federal Emergency Management Agency (FEMA) is out of money, and the next natural disaster that hits the U.S will see no funds available to help people or rebuild. Where did all the money went, ask corrupted government officials and Wall Street banks who stole all taxpayers money during the bail out.
Fraud and money laundering to a multi-million dollar slush fund, and investor loss of up to 40 billion dollars, this is one of India’s biggest fraud and corruption scandals.
Click Here to Read Article – Telecom scandal shakes India’s most beloved industry
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