Chart usGOLD   Chart usSILVER  
 
Food for thought
Gold is a treasure, and he who possesses it does all he wishes to in this world, and succeeds in helping souls into paradise
Christopher Columbus  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1294.60-0.06
Silver 19.630.01
Platinum 1404.50-4.50
Palladium 794.000.00
WORLD MARKETS
DOWJONES 16409-16
NASDAQ 40969
NIKKEI 1451699
ASX 544532
CAC 40 443226
DAX 941092
HUI 220-2
XAU 90-1
CURRENCIES (€)
AUS $ 1.4807
CAN $ 1.5206
US $ 1.3818
GBP (£) 0.8233
Sw Fr 1.2194
YEN 141.5100
CURRENCIES ($)
AUS $ 1.0718
CAN $ 1.1004
Euro 0.7237
GBP (£) 0.5959
Sw Fr 0.8825
YEN 102.4110
RATIOS & INDEXES
Gold / Silver65.95
Gold / Oil12.38
Dowjones / Gold12.67
COMMODITIES
Copper 3.040.02
WTI Oil 104.590.83
Nat. Gas 4.740.21
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Worse Than Wall Street
Published : January 30th, 2013
128 words - Reading time : less than a minute
( 1 vote, 5/5 ) Print article
 
    Comments    
Tweet

This item showed up in the local paper today and, while it’s from an AP report that is also available via the internet, I thought scanning this from the paper was well worth the effort since this particular version of the headline seemed to capture the essence of the story so well.

24hGold - Worse Than Wall Stre...

The obvious parallel here is to the many crimes related to mortgage backed securities and derivatives perpetrated by Wall Street in recent years for which there have been only a few “slaps on the wrist”. My guess is that the fines paid by Wall Street firms of a couple hundred million dollars here and a half billion dollars there are in roughly the same proportions to this Nigerian man’s $2 million penalty / $145 million heist.

Tweet
Rate :Average note :5 (1 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
4/17/2014
4/17/2014
4/17/2014
4/16/2014
4/16/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer