Monday, December 19, 2011

@AllAmerInvest Uh Oh Here Comes the FBI, Go Twitter, MF Global the Inside, Alzheimer's

SEC charges former Fannie Mae, Freddie Mac executives with fraud

The SEC charged six former executives of Fannie Mae and Freddie Mac with securities fraud Friday, saying they misled the public about the companies’ exposure to subprime loans during the mortgage meltdown.
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Twitter Wins $300 Million Alwaleed Investment Amid Site Revamp
Twitter Inc., the microblogging service with more than 100 million users, won a $300 million investment from Saudi investor Prince Alwaleed bin Talal as it pushes through a redesign of its site to attract advertisers.

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Uh-Oh! The FBI Is Now Investigating Former Fannie Mae And Freddie Mac Execs
Federal investigators are looking into whether the Fannie Mae and Freddie Mac execs misled investors and the public about subprime loans prior to the 2008 financial crisis, the report said citing unnamed Department of Justice officials.

Inside the Collapse of MF Global
But it turned out that the bankruptcy of MF Global was only part of the story. In the final days of MF Global's solvency, a huge chunk of supposedly protected client funds had vanished from its books. In the wake of that revelation, U.S. account holders were frozen out of their accounts as regulators moved in to sort out the mess.

Alzheimer's Reading Room
The Alzheimer's Reading Room is the number one source of life news for the entire Alzheimer's community. The goal of the Alzheimer's Reading Room is to Educate, sometimes Entertain, and Empower Alzheimer's Caregivers and their families.

Original content Bob DeMarco, All American Investor