Susiepolls2008 asked:


Why are they receiving such large donations from the same funds that caused financial meltdown?

According to an analysis done by the Center for Responsive Politics for ABC News, the five biggest hedge fund donors all gave almost all their donations to Democrats.
http://abcnews.go.com/Business/largest-hedge-fund-donors-show-bipartisan-support-democrats/story?id=10425809

GABRIEL

CARRY ON!!!!!!!!!!!!!!! asked:


use their wealth to get trophy wives from the financial district, news-anchors, models, etc…And use that money to buy booze and coke:http://news.yahoo.com/s/nm/20090324/hl_nm/us_financial_alcoholics

How sad for these guys? they got what they want in life…Nice homes, expensive cars and hot ****** that would do anything to have a taste of that high flying lifestyle….But, in the end, they succumbed to booze and drugs.

KATHI

Asia asked:


I need to know what European country this was. Please and Thank You.
Also can you please tell me what it was about

CONSTANCE

denny p asked:


I heard in the news, a couple more major financial companies went under water. My questions:
Is every financial companies (banks, brokers, insurance, investments, mortgage, ect.) not doing well? or certain companies still do well and thrive?

MADONNA

sticks asked:


http://news.yahoo.com/s/ap/20081014/ap_on_re_us/financial_crisis_violence

MARTINA

cannonball asked:


I watch financial news channels all day long. All you hear about is a recovery. But it seems as if the only folks recovering are the rich. It seems as if those who have money to invest and those who were bailed out by the government are the ones making money. They’re taking that bailout money and investing it or hoarding it. They are not lending it out. And then you have these analysts on there who are interviewed. They get the most bullish folks possible. But for the life of me, I cannot find any positive economic signs. Sure, corporate profits are up. But that is the result of layoffs measures to squeeze even more production out of their existing employees. And the inventory levels for manufacturing companies aren’t a positive sign either. And the biggest economic indicators of all are simply dismal- the job market, the housing market, and consumer spending. Even the Fed (usually the biggest bulls of all) is hesitant to say anything about a recovery. They actually say things will be flat or worse in the coming months. So are these financial news channels lying about the economy to boost (false) confidence in the market? And if so, what motive would they have to do such a thing?

KRISTINA

Surely Funke asked:


I have no background in either finance, economics, or accounting, but I’d like to (1) get a better understanding of economic news, (2) know how to invest my money, and (3) understand the basic financial aspects of running a business.

What are some good books to read to quickly get a good grounding in these areas? Maybe some review books?

WILHELMINA

Jack asked:


can someone explain what this (fundraising trail) means?
“City banks on fundraising trail”
this is the title of a piece of financial news. the article mentions ipo and capital market.
i don’t quite understand the meaning of “fundraising trail”
thanks
i think “fundraising ” means financing or looking for money,
but what does “trail” mean? or it is just some kind of rhetorical usage, like “is doing sth.”?

SHANNA

the truth asked:


what news is more important ?
religious / conspiracy theory news like ;
1. government corruption
2. financial collapse
3. freedoms under jeopardy
or
mainstream news like :
1. lindsay lohan jail time
2. mosque in new york
3. birdman getting a veyron

religion and spirituality

BRUCE

Right? asked:


MANILA, Oct 21 - The Philippines on Wednesday issued rules to implement a new law to allow the creation of tax-free personal retirement plans that will see funds flow into the domestic debt and stock markets.

Similar to the 401K plan in the United States, the Personal Equity Retirement Account provides tax incentives for long-term savings channeled into local financial instruments.

“The PERA law provides an organised framework for cultivating retail savings and offering the means to transform the resource of saving into the opportunities of long term investment,” central bank governor Amando Tetangco said in a speech.

The law allows a maximum annual contribution to tax-free savings accounts of 100,000 pesos per individual and double that amount for Filipinos working overseas.

Funds invested into PERA may be placed in a host of local financial instruments, including stocks, bonds and mutual funds.

Fund managers said they were waiting to see the details of the rules, which will be published this week, and it was too early to say how much this scheme would impact the stock and debt markets. The law will take effect immediately after the rules are published.

Nestor Espenilla, central bank deputy governor, told reporters it was hard to gauge how much funds would actually flow into the capital market, but the potential was huge.

“The total deposit base of the banking system is already in the order of around 5 trillion pesos,” he said.

“Of course only a portion of that could be re-directed towards long-term but we are after those outside the system, those who have not been saving before, especially OFW money,” Espenilla said.

More than a tenth of the country’s 92 million people live and work abroad. Last year they sent a total $16.4 billion pesos to their families and the amount is expected to climb 4 percent this year, based on central bank estimates.

ISREAL