by wildcherry on Thursday, August 13th, 2009 | Entertainment, News | No Comments

TMZ reports that Applied Pharmacy Services, LLC was sued by the owners of the building it occupied in Pasadena, CA. for non-payment of rent. The landlord got a judgment of $143,267.73 — that includes around $40,000 in back rent plus the amount that would have paid through the balance of the lease, which ended in September, 2011. The pharmacy abandoned the lease in September, 2008.

Dr. Murray was also dogged by money problems — the bank has been trying to foreclose on his Las Vegas home, and he was ordered to jail for non-payment of child support (he never went).

Law enforcement sources told us when they searched Applied Pharmacy Services they were on the hunt for documents that might show the company sold Propofol to Dr. Murray. There are reports the DEA scored during the search.

Source:TMZ

Tags: applied pharmacy services, AppliedPharmacyServices, child support, ChildSupport, dea, dr conrad murray, dr. murray, DrConradMurray, michael jackson, michael jackson case, michael jackson pharmacy, MichaelJackson, money, pasadena, propofol

by bintangkecil on Sunday, April 12th, 2009 | Business, Humour, Inspiration, Knowledge, Life | 16 Comments

Where would you hide your money at home?
Where are the best places to hide your precious money?

If someone breaks into your house and looks for money, where are the last places to find?

Here are our best ways to hide your extra money around the house (especially if you cannot buy a safe or don’t want to buy a safe because it is a waste of money):

Wall Lamp
Do not tightly screw the bulb to the socket. Burglar will think it’s a broken lamp and you will not burn your house down.

Egg Carton

Scale

Paper Towel

Tape Player
Burglars won’t look at tape players anymore, won’t they? let’s hope they will only take electronics that have “values” nowadays.

Trash Bag Box

Decorative Doll

Toilet Cover
Again, don’t forget to put your dollar bills into a ziploc bag, just in case you want to wash the cover and drop the money inside the toilet bowl.

Dining Table
Some tables do not have holes where you can slip your money but burglars won’t be interested in dining tables, will they?

Hairspray Can
This is a special designed hairspray can. You can twist the bottom and save your money in it.

Trash Bin
Make sure you put your money into a ziploc bag first before hiding it under the trash bin.

Tags: best ways to hide money, easy money, extra money, free money, frugal, frugal living, hide money around the house, hide money at home, how to make money, how to save money, make money, make money online, money, money management, money saving ideas, money saving tips, personal finance, save money, saving money, savings, ways to

by nate on Tuesday, March 10th, 2009 | Business, News | No Comments

Federal Reserve chairman proposes changes, saying that stabilizing the financial system is the key to global economic comeback.

cnn.money.com

NEW YORK – Federal Reserve chairman Ben Bernanke said Tuesday that economic recovery hinges on stabilizing the financial system, and proposed new policies aimed at absorbing financial shocks in the future.

“Until we stabilize the financial system, a sustainable economic recovery will remain out of reach,” Bernanke said in prepared remarks.

If the financial system is put back in order, the U.S. economy could work its way out of recession “later this year” and experience “a period of growth” next year, Bernanke said.

“In the near term, governments around the world must continue to take forceful and, when appropriate, coordinated actions to restore financial market functioning and the flow of credit,” he said.

The Fed chairman said steps should be taken to address problems tied to financial institutions deemed too big to fail. These large, interconnected financial firms pose a “systemic risk” to economic stability, he said.

“In the present crisis, the too-big-to-fail issue has emerged as an enormous problem,” he said.

Bernanke said allowing firms to become too big to fail reduces market discipline and encourages excessive risk-taking. Moreover, government rescues of firms that are too big to fail can be costly to the taxpayer, he said.

Speaking in Washington to the Council on Foreign Relations, Bernanke said regulators need new tools to respond to the failure of a “systemically important nonbank financial firm.” Federal bankruptcy laws are not sufficient to protect the public’s interest when a major nonbank financial firm fails, he said.

The comments came one week after the Treasury Department restructured its bailout of insurance giant American International Group (AIG, Fortune 500) and gave the company another $30 billion infusion.

Bernanke also said regulators should strengthen the nation’s “financial infrastructure” to make it more secure in the event of another crisis.

Among other things, the Fed and other regulators will continue to work toward establishing “stringent targets” and “performance standards” for market participants, he said.

To that end, the government should work with the private sector to improve the way certain exotic derivatives, such as credit default swaps, are cleared from the market.

continue here

Tags: Ben Bernanke, Federa. Reserve, financial, money, US economy

by argyll2002 on Saturday, November 15th, 2008 | Life, World | No Comments

Image by therese flanagan via Flickr

I am sure like me you are frustrated with what is going on on the world, with recession and poverty etc etc. So this is my little rant about what should be done written in the only way i know how. I would love to hear your thoughts on the poem.

Global Crisis

With talk of a global crisis
And recession everywhere
It’s time for us to ask
Do governments really care
Because through many years of hardship
And poverty all around
The politicians told us
There was no money to be found
Yet when the worlds banks
Started to lose control
Our leaders managed to find billions
To dig them out of a hole
And where did this money come from
Those bankers take with glee
From ordinary people
Folk like you and me
So I say to you the people
Now it’s time to get real tough
And tell our countries leaders
That we’ve really had enough
Because there really only is
One way out of this situation
And that,s for the entire planet earth
To join together as one nation
So let’s destroy poverty
And try to break new ground
By forcing our world leaders
To spread their wealth around

By James

www.alifeofrhyme.blogspot.com

Tags: bank, global crisis, money, poverty, Recession, Risks to civilization humans and planet Earth, Wealth

by wildcherry on Monday, July 14th, 2008 | Business | 15 Comments

After the Bear Sterns debacle few months ago, some people are very optimistic by saying the worst is behind us. These same people are also the ones that tell investors that banks and financial institutions are at bargain prices. Well i have been reminding anyone that talk to me about those “opportunity” that the worst is yet to come. For those that invest in the financial, they keep on seeing their investment hitting new 52 week low every day.

This weekend big news is about Indy Mac Bank, Fannie Mae, and Freddie Mac. Indy Mac Bank become the biggest bank and mortgage lender so far that has gone bankrupt. Today there are long lines of concern clients at Indy Mac Bank branches. Some of these clients are able to get most of their money out, some are not as lucky.
Here’s my next warning..the Indy Mac bank won’t be the last one that goes bankrupt. Analysts predict there might be up to 150 banks in risk of going bankrupt. So please make sure your bank is financially sound or else it might take days, months or years if they ever close. Although deposits up to $100k is Fdic insured but any redemption won’t be a quick process. Many of Indy Mac clients hoping to get 50 cents on the dollar above the insured limit.

This remind me of what happened in Asia during financial crisis. Indonesia in particular when many banks went bankrupt or went through massive consolidation. The Indonesia government had to bail out many of the banks….sounds familiar?If you have any question regarding your financial institution or any other concern you can post it here.

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Tags: bank, bankrupt, Indy Mac, money, safe, savings