Saddam

British Troops Are Like: “We’re Out of Iraq, Cheerio”

(CNN) — British troops will begin leaving Iraq in May, more than six years after joining the U.S.-led invasion that ousted former dictator Saddam Hussein, Britain and Iraq announced Wednesday. The British mission will wrap up by the end of May, with the last troops withdrawing over the next two months, British Prime Minister Gordon […]

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Small Banks Getting Short End of Tarp Bat

SEEKING ALPHA William Patalon III Bank of American Corp. (BAC), which is getting $15 billion from the U.S. government as part of the Treasury Department’s $250 billion “recapitalization” effort, is doubling its stake in state-owned China Construction Bank Corp., and will hold a 20% stake worth $24 billion in China’s second-largest lender when that deal […]

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The 17th Floor, Where Wealth Went to Vanish

The 17th floor, where wealth went to vanish By Diana B. Henriques and Alex Berenson Monday, December 15, 2008 The epicenter of what may be the largest Ponzi scheme in history was the 17th floor of the Lipstick Building, an oval red-granite building rising 34 floors above Third Avenue in Midtown Manhattan. A busy stock-trading […]

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