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Archive for November 8, 2011

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New York – Six Ways to Predict Your Brokerage is About to Crash

November 8, 2011 at 11:06 PM
New York - The blow up of now bankrupt-MF Global proves that vetting a financial firm isn't ever simple. Companies use accounting tricks and other machinations to hide problems until the last possible moment. While no one expects individual investors to become forensic accountants, there are usually warning signs before a disaster strikes -- you just have to know where to look. Here are...

New York, NY – Rep. Nadler Thinks Killing Khadafy Was Bad Message To Iran

November 8, 2011 at 10:10 PM
New York, NY - Representative Jerrold Nadler thinks the United States and its allies sent a "very bad message" to Iran by assisting in the effort to oust Libyan dictator Moammar Khadafy. "What message were we sending, whether we intended to send it or not?" Nadler asked a crowd of Israel supporters at the Agudath Israel breakfast on Monday morning. Nadler, a liberal on most things who is...

Washington – Why Obama’s Latest Gaffe WON’T Lose Him the Jewish Vote

November 8, 2011 at 09:15 PM
Washington - Will President Obama lose the Jewish vote after complaining about Israeli Prime Minister Netanyahu?  Probably not. This latest snafu follows Obama’s May 2011 remarks calling for Israel to withdraw to pre-1967 borders as part of a Palestinian-Israeli peace settlement. Obama tried to get British Prime Minister David Cameron to exert similar pressure on Israel, without success...

Boston – Millionaires List Favorite Fund Managers

November 8, 2011 at 07:54 PM
Boston - Hedge fund managers Paul Singer, Robert Zoellner, Kyle Bass and Israel Englander are among the handful of people millionaires trust with their riches. Norman Miller, Richard Dowdle, David Einhorn, Andreas Halvorsen and John Paulson -- whose superstar reputation looks intact even after he lost billions -- also made the cut. Traditionally, the wealthy share stocks tips and the names...

Washington – Fed Up! McCain Predicts Rise Of Third Political Party

November 8, 2011 at 06:51 PM
Washington - Senator John McCain predicted on Tuesday a third political party will emerge in response to Americans' economic frustrations and said it might as well be called "the Fed-Up Party." The Republican Party's presidential nominee in 2008 raised the possibility of a third party about a year ago, but his comments on Tuesday suggest he has hardened his views as polls show Americans...

Washington – Mideast Envoys To Meet Israelis, Palestinians

November 8, 2011 at 05:59 PM
Washington - International Mideast mediators will hold separate talks with the Israelis and Palestinians this week in a bid to re-launch stalled peace talks after a series of setbacks that have badly damaged prospects for negotiations, the State Department said Tuesday. Senior diplomats from the U.S., U.N., Russia and European Union will meet on Friday in Jerusalem with Israeli and Palestinian...

Scottsdale, AZ – Herman Cain Says Willing To Undergo A Lie Detector Test

November 8, 2011 at 05:49 PM
Scottsdale, AZ - A defiant Herman Cain declared Tuesday he would not drop his bid for the Republican presidential nomination in the face of allegations of inappropriate sexual behavior. "Ain't gonna' happen," Cain said at a news conference. "We will get through this," he added, trying to steady a campaign that has been rocked by the controversy for the past 10 days. Cain denied anew that...

Ramallah, West Bank – Palestinians: Not Enough UN Support For State

November 8, 2011 at 04:13 PM
Ramallah, West Bank - The Palestinian foreign minister admits for the first time there is not enough support in the U.N. Security Council for recognition of a Palestinian state, This comes as the Security Council receives a report saying there's no consensus among the 15 members. Nine votes would be needed for approval, and any of the five permanent members could cast a veto. The U.S. and...

Washington – Schumer: Extend Federal Mass Transit Tax Break

November 8, 2011 at 03:46 PM
Washington - Sen. Charles Schumer called Monday for Congress to renew the federal mass transit break that saves many New York commuters hundreds of dollars a year. Many large employers offer transit benefit programs that allow workers to use up to $230 a month of their salaries for mass transit costs. The money is exempt from federal, state and city income taxes. The pre-tax commuter...

Washington – Israeli Official Downplays ‘Sarkozy Mic Gaffe’, McCain, Hikind Blast Obama; NY Rep. Asks For Apology

November 8, 2011 at 02:21 PM
Washington - French President Nicolas Sarkozy branded Israeli Prime Minister Benjamin Netanyahu "a liar" in a private conversation with U.S. President Barack Obama that was accidentally broadcast to journalists during last week's G20 summit in Cannes. "I cannot bear Netanyahu, he's a liar," Sarkozy told Obama, unaware that the microphones in their meeting room had been switched on, enabling...

Rome – Berlusconi Tells Italy President He Will Resign

November 8, 2011 at 02:01 PM
Rome - Premier Silvio Berlusconi says his decision to resign after parliament passes economic reforms is for the good of the country, and to settle financial markets that have lost confidence in Italy's ability to rein in debt and spur growth. Berlusconi said late Tuesday that he would prefer to call early elections, but that the decision rests with Italian President Giorgio Napolitano. In...

New York – Occupy Protesters Plan “Occupy the Highway” From NYC to DC

November 8, 2011 at 01:50 PM
New York - Occupy Wall Street is going on the road — a two-week walk to Washington. A small group of activists plans to leave Manhattan's Zuccotti Park at noon Wednesday and arrive by the Nov. 23 deadline for a congressional committee to decide whether to keep President Barack Obama's extension of Bush-era tax cuts. Protesters say the cuts benefit only rich Americans. The announcement...

Jerusalem – Israel Could Mount Pinpoint Raids On Iran: Analysts

November 8, 2011 at 01:33 PM
Jerusalem - Should the Israelis attack Iran, they would probably focus strikes on select nuclear facilities while trying to avoid killing civilians en masse or crippling the oil sector. Past operations by Israel, such as the 1981 bombing of Iraq's Osirak atomic reactor and a similar strike against Syria in 2007, suggest a strategy of one-off pinpoint raids, due both to military limitations and...

Vienna – AP: UN report Says Iran Work ‘Specific’ To Nuke Arms

November 8, 2011 at 12:49 PM
Vienna - The U.N. nuclear atomic energy agency says that Iran is suspected of conducting secret experiments whose sole purpose can only be the development of nuclear arms. The conclusion is contained in a restricted International Atomic Energy Agency report obtained by The Associated Press Tuesday, shortly after it was circulated to the IAEA's 35-nation board and to the U.N. Security...

United Nations – Report Says No Consensus On Palestinian UN Bid

November 8, 2011 at 12:45 PM
United Nations - U.N. diplomats say a report summing up the views of Security Council members on the Palestinian application for U.N. membership concludes there is no consensus among the 15 members. The four-page report says the council is divided between those who support Palestinian membership, those who can't support it now and therefore would abstain, and those who believe the application...

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