By Yahoo! Finance
JPMorgan Chase & Co has reached a tentative $4 billion deal with the U.S. Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of mortgages it sold to them during the housing boom, the Wall Street Journal reported on its website on Friday.
The deal is for less than the $6 billion the agency initially sought, the Journal said, citing people close to the discussions.
Jack is a fifteen year old freshman in high school. He developed a paper sensor that could detect pancreatic, ovarian and lung cancer in five minutes for as little as 3 cents. He conducted his resea…
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We live in a world of increasing risk. The family is the most successful risk-management organization created by mankind. Yet many of us have experienced families th…
I remember being puzzled by Matt Simmons hawking of peak oil theories in 2004 and 2005. He was unusually aggressive. While I never took the time to investigate what he was saying in depth, something…
Imagine a world trading solely in gold and silver coins. Imagine the size of your wallet.
Yet this is the ideal world envisaged by some of Malaysia’s activists championing the Islamic gold dinar and…
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“We now have the technology to take ET home.”
~ Ben Rich, retired CEO of Lockheed Skunkworks, 1993
A comparison of the stock of Lockheed Martin, the US governmen…
By Wikipedia
The Libor scandal was a series of fraudulent actions connected to the Libor (London Interbank Offered Rate) and also the resulting investigation and reaction. The Libor is an average i…