Archive for April, 2008

Financial crisis stokes education need (Coeur d’Alene Press)

COEUR d’ALENE — Kootenai County is at the forefront in raising awareness of good money management. The Kootenai County Financial Literacy Task Force again this year organized a series of events designed to educate the public, especially children, of the need for savings and caution with credit use.

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Concord lender indicted in alleged Ponzi scheme (Contra Costa Times)

A federal grand jury has indicted a Concord mortgage lender on charges that she ran a Ponzi scheme, the U.S. Attorney’s Office announced today.Cheryl Hernandez Camus, 36, faces charges of mail and wire fraud after investigators found she had taken investments based on fraudulent claims and paid

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Mire at end of the rainbow (Herald Sun)

ASIC and the receivers can look all they want, but they won’t find a $70 million pot of gold inside collapsed Geelong investment company Chartwell Enterprises.

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Pinot Gris (Boise Weekly)

By David Kirkpatrick.

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News Media (Online Journal)

“I think this economy is down because we built too many houses and the economy’s adjusting.” –George W. Bush Clearly, the great decider’s brilliance in dealing with climate change and war have roots in his vice-like grip on economic theory.

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Menu Matters (Salem Statesman Journal)

The Red Ginger Restaurant opens Thursday in the former Caruso’s Italian Cafe location at 4907 River Road N in Keizer. Owned by Boo Chanthavong, who formerly operated The Noodle Place on High Street in Salem, Red Ginger features Asian fine dining, including the cuisine of China, Vietnam, Thailand and Indonesia.

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Business Busts Pose Risk for Lawyers, Accountants (Law.com)

The past decade has seen a significant rise in lawsuits brought by bankruptcy trustees or receivers against an insolvent company’s former accountants and attorneys. Attorneys Rene D. Harrod and John D. Eaton review a sample of such actions and consider how courts and litigants are responding to them — including the in pari delicto doctrine against plaintiffs recovering for their own wrongdoing, …

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Local News> Who has call on Carlos Hill’s stash? (Jamaica Gleaner)

Cash Plus receiver Kevin Badoian is not yet factoring the supposed US$7 billion that the company’s arrested founder, Carlos Hill, allegedly has stashed in accounts across the world.

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Judge OKs plan to help defrauded investors (Deseret Morning News)

A federal bankruptcy judge has approved a reorganization plan that will allow investors who lost hundreds of thousands of dollars in a fraud scheme involving North Silver Lake Lodge LLC near Deer Valley to recover all their money.

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Mad staring eyes of the headlamp ponzi-scheme mascot (Addict 3D)

Here’s an ad for a multi-level-marketing scheme for a “high-tech” car headlight, circa 1931. With artwork like this, I’m ready to sign up. I think I just found my next tattoo. AT LAST! An amazingly queer yet simple invention lifts the curse of night driving from the motoring world.

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