Daily News Channel
Madoff says his victims had been ‘greedy’ In his 2nd jailhouse interview, Wall Road scammer Bernard Madoff informed a reporter that his victims were “greedy” and the U.S. federal government is a “Ponzi scheme,” though he insisted that he’s a “good person.” “Everyone was greedy,” said Madoff, based on Ny Magazine. “I just went along. […]
China passes $1 trillion in Treasuries It turns out China does personal more Treasury bonds than the government’s official figures are actually allowing on. China held $1.sixteen trillion of U.S. federal government bonds at the end of 2010, Treasury stated Monday in its preliminary revision of data on foreign portfolio holdings. That’s up $268 billion […]
Europe debt crisis rolls on as Irish bailouts grow Ireland will have to pump euro12 billion ($16 billion) more into the country’s crippled banking system, dealing more grief to shellshocked Irish taxpayers. Coupled with the downgrade of Spain’s bonds by a third ratings agency, the news Thursday from Dublin provided more evidence that Europe has […]