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 Continue Reading

Tuesday, February 3, 2009 General Motors NYSE: GM (GM) and Chrysler have both begun to offer layoff packages to their workforces. The automobile manufacturers have been hard hit in the recent economic downturn and have been forced to seek federal aid from the U.S. government. Reports say that GM’s package includes a Continue Reading

Wednesday, May 12, 2010 A Pakistani man, identified as Muhammad Saif-ur-Rehman Khan, 28, was arrested in Chile on Monday after he was found with traces of explosives in the US Embassy. Chilean police say that traces of Tetryl, used to help detonate explosives, were detected. Yesterday a judge ordered Khan’s Continue Reading