HSBC - U.S.Regulators Move In

 The worlds third largest bank has been caught by U.S. regulators for giving Mexican drug dealers, Iran and terrorists banking facilities. The bank has been given a large fine but no jail sentences. Read more...

China's Growth Falls on Western Woes

The risks associated with the US 'Fiscal Cliff' to take $600 Billion out of the economy in January 2013 coupled with a slower than anticipated recovery and all the European debt problems are impacting export growth from China to 2.9% last month instead of a predicted growth of 9%. Read More...

B.P. Disaster - The Cost of Grand Scale Negligence

B.P. has accepted criminal liability of guilt but what are the costs likely to be?...read more

Market News - Unstable Tax Politics

Today negotiations begin to resolve the fiscal cliff senario before New Years Day to save $600 B and 4 million jobs...more