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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
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[quote:RoXY:MV8xNTc4NDI2XzMyNDg4MTU0XzQyOTBGNTRC] [b]List of Bankers and Brokers and Inside Traders Arrested[/b] July 25, 2012 [b]1.[/b] 6/23/12: Social welfare ‘scam’: Two bank officials arrested Muzaffarnagar, India Jul 23 (PTI) Two officials of a public sector bank were arrested for their alleged involvement in a multi-crore Rupee scam in the Uttar Pradesh social welfare department, police said today. The bank’s branch manager Pramod Sharma and cashier Rajender Sharma were arrested yesterday in this connection, SP (City) Raj Kamal Yadav said. He also said that a hunt was on to nab Anil Verma, the main accused in the scam that took place during 2008-09. A former district welfare officer, Rinku Singh Rahi, had alleged a multi-crore scam in the social welfare department by staging a dharna in Lucknow seeking reply to an RTI query in connection with the “scam”. The Samajwadi Party government had ordered a probe into Rahi’s charges after coming to power in March this year. [b]2.[/b] 6/25/12: Ex-SMBC Banker Arrested Amid Insider Trading Probe - Tokyo, A former SMBC Nikko Securities Inc. executive was arrested yesterday, becoming the first banker from a major Japanese brokerage to be detained for suspected insider trading since 2008. The Securities and Exchange Surveillance Commission and Yokohama city prosecutors are investigating former SMBC Nikko executive Hiroyoshi Yoshioka, 50, and three other people, the financial watchdog said in a statement. [b]CONTINUE: http://consciouslyconnecting.blog.com/2012/07/25/bankers-and-brokers-and-inside-traders-arrested-oh-my/[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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