Friday, July 20, 2012

DailyMarkets.com - Central Bank News Link List – July 20, 2012

DailyMarkets.com - Central Bank News Link List – July 20, 2012


Central Bank News Link List – July 20, 2012

Posted: 20 Jul 2012 05:40 AM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list is updated during the day with the latest news about central banks so readers don’t miss any important developments.

Banks in Libor probe consider group settlement-sources (Reuters)
Fed ignores money supply as ECB uses new tools (Bloomberg)
Taiwan central bank cut overnight rate by 1 bp (WSJ)
Russia central banker: August rate move possible (Reuters)
Thai … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Peregrine Financial Fraud: What Shocks Me

Posted: 20 Jul 2012 04:26 AM PDT

After close to four years of tracking and highlighting stories of financial frauds and accompanying regulatory failures, I am not easily shocked. The other day while reading of the news surrounding the fraud and failure of the Peregrine Financial Group in Cedar Falls, Iowa, I was shocked.
We now know the fraud at Peregrine was carried out over a 20 year time period. Excruciatingly painful for Peregrine's customers? No doubt. But in light of all we have learned about our captured regulators, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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