Tag Business

Did Icelandic Bank Swindle UK Customers?

This is daily phenomenon India.Of course not Banks, all the time, but on a regular basis by Non Banking finance companies(what a name?).
People have lost millions and continue to invest either in the same company in a new name or a new company offering the same services(?)
Border line companies are international Banks offering credit cards and facilities with a fine print.Difference is they operate on the thin line between usury and loan sharking; in many a case out right cheating.
So long as gullible and greedy people are around these scamsters will thrive.

Rajaratnam Makes 2nd Request for Smaller Bail

Audacity on the part of the accused to ask for reduced bail amount.A manipulator and a scamster should be treated severely by first refusing bail.Financial frauds should be treated as criminal offence as many families have been ruined and in India because of Financial scams many have committed suicides.