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Alternet Systems, Inc. Mobile Commerce Technology for Financial, Telecom, and Money Remittance Industries Featured at ... (Marketwire) MIAMI, FL--(Marketwire - March 11, 2010) - Alternet Systems, Inc. ( OTCBB : ALYI ) today announced that its mobile commerce technology products and services for the financial, telecommunications, money remittance, and mass consumer industries and governments globally were featured this week during a partner sales conference in Shanghai, China. The conference was organized by China Crescent ... More . . . ‘Invisible Power’ of London Money Exposed as Mayor Fights Back (Bloomberg) March 12 (Bloomberg) -- When money needs to talk in London, it’s the lord mayor who speaks. Nick Anstee , the 682nd mayor of the U.K. capital’s financial district, is battling politicians from all parties who blame the bankers and brokers he represents for wrecking the country’s economy. More . . . Still no financial reform as the next Great Panic is quietly ticking (Seattle Times) A year and a half since the excesses and swindles of Wall Street and the banking industry nearly drove the world into another Great Depression, we still have no reform of these dangerous sectors. The huge sums of lobbying money deployed by "financial services" have ensured that the nation remains vulnerable to another panic and consumers continue to be victimized. More . . . Idaho Banking Co., regulators agree on new financial plan (The Idaho Statesman) Idaho Banking Co. must reduce its concentration in commercial real estate loans and develop plans to reduce the level of problem loans. More . . . The bankers lied. And Darling, a mere puppet on their string, knows it | Simon Jenkins (Guardian Unlimited) Britain has paid a horrific price for allowing the City to dictate credit policy. Yet there is no inquiry, no questioning, only silence Still no inquiry. Still no answers. A trillion pounds has been devoted over the past 18 months to protect Britain's financial system from alleged Armageddon, with not a murmur of value for money. This stupefying sum is more than has ever been spent on any ... More . . . Fed recovers, gets new look as financial regulator (Washington Post) WASHINGTON -- The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions. More . . . MONEY & BANKING (The Hindu) GENERAL INSURANCE: Travel insurance sector may see 20% growth in 2010-11 Increase in tourist, corporate travel abroad boosts prospects. More . . . Repo 105: Lehman's 'Accounting Gimmick' Explained (NPR) As the financial crisis grew in 2007 and 2008, the now-defunct banking giant knew it needed to reduce its reliance on borrowed money. But it was a bad time to sell stuff off and pay back debts. So Lehman Brothers made special use of something called the repo market. More . . . ‘Invisible Power’ of London Money Exposed as Mayor Fights Back (BusinessWeek) When money needs to talk in London, it’s the lord mayor who speaks. More . . . MONEY & BANKING (The Hindu) LIFE INSURANCE: LIC Housing eyes banking licence LIC Housing Finance Ltd, a leading mortgage lender, is keen to apply for a banking licence, following the Government's decision to open up the banking sector to more ... More . . . Advertise on this page
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