Articles of Interest

The following articles by various authors are of significant interest. They cover many important topics including current events, historical documentation, commentaries, subjects in law, natural rights, and more. Take the time to educate yourself and form your own opinions. You will find it to be time well spent.

Fourth-largest U.S. bank resorts to emergency fundraising!

April 14, 2008 - America's fourth-largest bank, Wachovia, is raising $7bn (£3.52bn) through emergency fundraising as the subprime mortgage crisis in the US continues to reverberate through the banking sector.

Wachovia is raising the funds through public offerings of common and convertible preference stock after incurring a surprise $350m loss in the first quarter of 2008

Articles of Interest

Former CIA official says U.S. is losing the war in Afghanistan!

WASHINGTON - April 14, 2008 - The U.S. is on the verge of losing the war in Afghanistan, says a former top CIA official who was involved in attempts to capture and kill Osama bin Laden.

"Afghanistan of course is a terrible disaster for the United States and NATO. NATO seems to be dying in Afghanistan," says Mike Scheuer, who headed the CIA's Osama Bin Laden unit when

Articles of Interest

Nobody wants to hire former Attorney General Alberto Gonzales!

WASHINGTON - April 13, 2008 - Alberto R. Gonzales, like many others recently unemployed, has discovered how difficult it can be to find a new job. Mr. Gonzales, the former attorney general, who was forced to resign last year, has been unable to interest law firms in adding his name to their roster, Washington lawyers and his associates said in recent interviews.

He has, through

Articles of Interest

U.S. banks Citigroup and Merrill Lynch reveal fresh $15bn loss!

April 13, 2008 - CITIGROUP and Merrill Lynch will heap further pain on Wall Street this week as they reveal additional sub-prime write-downs totaling $15 billion (£7.6 billion) or more.

In another sign of the intense pressure on leading banks, Deutsche Bank is attempting to offload some of its €35 billion (£28 billion) of toxic debt to a consortium of private-e

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Brown in record poll slide!

LONDON, England - April 13, 2008 - Gordon Brown's personal popularity ratings have plunged further and faster than any other British prime minister since polling began in the 1930s, a poll revealed on Sunday.

Brown is facing a rough ride as the global lending squeeze tightens its grip on the economy and the housing market could head into a sharp downturn.

Alt

Articles of Interest

World's most expensive coffee at £50 a cup is made from cat droppings!

LONDON, England - April 10, 2008 -It might not be to everyone's taste - and that's not just because at £50 a cup it's the most expensive coffee in the world.

The secret behind the special blend about to go on sale at an upmarket department store is that it is made from cats' droppings.

While such an ingredient might leave many spluttering into their cups, Pet

Articles of Interest

Soros says credit crisis losses to top $1 trillion!

SHANGHAI, China - April 10, 2008 - The credit crisis is far from over, billionaire financier George Soros warned Thursday, urging regulators to move faster to contain damage from the collapse of the housing finance markets.