THE International Monetary Fund (IMF), has advised African countries to maintain spending from their reserves through the current crisis period, to avoid a debt trap. Nigeria has already fallen back on its reserve, which rose to 67 billion dollars last year, but dropped to 48 billion dollars in April, due to falling prices of oil […]
Warren Buffet’s advice for 2009!!
We begin this New Year with dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations. Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health. They expect the […]
Is the worst yet to come in the Global Financial Crisis?
Each day the financial crises seems to get worse. The credit markets are still clogged, banks are afraid to lend due to rising loses and a worsening economy. The Big 3 automotive companies are on the verge of bankruptcy , and job loses are mounting. Despite all this bad news I actually think the […]
Mexican billionaire weighs in on US financial crisis
Mexican billionaire Carlos Slim has some advice for the US in its financial crisis: Acquire temporary stakes in failing financial institutions instead of buying up their bad assets. And, a more dramatic fix: Turn to China for help. In the $700 billion bailout plan, now waiting for Congressional approval, the government can purchase bad mortgages […]
Home Equity Loan Rate: Tips and Advice
So college is done and a new job is on the horizon but there are student loans to pay off and your home needs a major overhaul. The wedding put a major dent in your savings and with the baby already on the way it is going to be impossible to meet all these financial […]
$60 Million Settlement over a False Claims Act Allegations against TeamHealth Holdings announced by Whistleblower Institute
The Whistleblower Institute announces that TeamHealth Holdings reached a $60 million settlement in a whistleblower lawsuit filed by a former employee over violating the False Claims Act by billing Medicare, Medicaid, the Defense Health Agency and the Federal Employees Health Benefits Program for higher and more expensive levels of medical service than were actually performed. […]
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