Oracle Financial Services Data Warehouse hints at how Oracle, along with Microsoft and Salesforce.com, are aiming IT services at specific industries and tasks. – In the midst of the global recession, most businesses put a
lockdown on IT spending. No upgraded hardware or software, executives insisted,
until we find a way out of this mess. The problem or the opportunity, if youre
a software or hardware provider is that IT infrastructure continued to age in
…
The Financial Times writes today that the EU and U.S. are expected to allow the investigation into organ trade in Kosovo after the Marty report was adopted.
Ever since they recognized Kosovo’s independence in 2008, the U.S. and its European Union allies have been under no illusions about the malign influence of high-level corruption and organized crime “in the former Serbian province”, according to an opinion piece published in the London daily.
Nobel prize winning economists George Akerloff and Joseph Stiglitz, former Fed chairman Alan Greenspan, leading economists such as Robert Shiller, Anna Schwartz, James Galbraith, former lead S & L regulator William K. Black, former Tarp overseer El…
The Financial Crisis Inquiry Commission largely blames Greenspan, Bernanke, Geithner, Summers, the rating agencies, SEC and big banks for the economic crisis. (Here’s the final report).Bernanke is still Fed chief, and the government has substantially …
Jared Lim Chih Li has been appointed non-ED wef Jan 17
Work experience: Corporate finance director, investment banking dept, ECM Libra Avenue Securities Sdn Bhd
Michael Lohan is giving financial support to troubled daughter Lindsay following her release from the rehabilitation centre. Lindsay was recently released from the Betty Ford rehabilitation clinic in California after completing a three-month court-ordered stint and while he doesn’t want to interfere too much, the showbiz patriarch is making sure she’s fine for money. “She [...]
As numerous experts have pointed out for years, failing to prosecute financial fraud is extending our economic crisis. This continues to be a key, ongoing story. For example, the Telegraph reports today:The EU’s financial watchdog has systemically “sab…
Oracle and SAP might have battled it out in court over intellectual property, but Oracle still sees value in releasing an analytics application for businesses SAP data. – Oracle and SAP may have fought each other bitterly in court
during 2010s final months, but that hasnt stopped Oracle from introducing Oracle
Financial Analytics for SAP.
A module of the Oracle BI (Business Intelligence) Applications family, the platform allows executives and other financially-min…
Here’s my updated list of top financial experts saying that the giant banks are too big, and that their very size is hurting the economy:Nobel prize-winning economist, Joseph StiglitzNobel prize-winning economist, Ed Prescott Nobel prize-winning econom…
Clearwire Chair Craig McCaw has resigned from the cash-strapped WiMax maker, saying no disagreements prompted the move. A Clearwire co-chair has been named to replace him. – Clearwire Chairman Craig McCaw, offering two days notice, has resigned,
according to a Dec.
29 filing with the Securities and Exchange Commission. According to the
filing, McCaws decision to leave the company was “not due to any disagreements
with [Clearwire] or any matters relating to [Clearwir…
The Tax Administration has filed criminal charges against the financial director of the Carslberg Serbia brewery. The company’s senior manager has been identified with his initials P.K., and is believed to have evaded paying taxes.
Singapore shares may open higher on Thursday after the S&P 500 rose overnight to its highest level since the collapse of Lehman Brothers, led by bank stocks that have leapfrogged other sectors in December.
The following companies may have unusual price changes in Singapore trading today, say Bloomberg and Thomson Reuters. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index gained 0.1% to 3,144.31.
As Yves Smith notes:As we have written, and as experts and foreclosure defense lawyers have reported in Congressional testimony, and as pending lawsuits by attorneys general in Arizona and Nevada allege, servicer abuses are a significant cause of for…
Financial One Corp. Executive Chairman Andre John-Lee Koo is seeking a voluntary delisting of the company and offering to buy out minority shareholders with an offer of 48.5 cents in cash per share. The offer is 15% more than the last closing price.
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Noble Group, the Singapore-based commodities firm backed by China’s sovereign fund, said it appointed Robert van der Zalm as its new chief financial officer after Stephen Jeffrey Marzo left the post by mutual agreement with the company. Van der Zalm joins from BHP Billition where he was global finance chief of the aluminium division.
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Banking expert Christopher Whalen (hailed by Nouriel Roubini as one of the leading independent analysts of the U.S. banking system) told the American Enterprise Institute that this is the first recession going back at least to the end of the first Worl…
Here’s an idea for a bumper sticker:I Won’t Invest Another Penny Until the Criminals Who Caused the Financial Crisis Are Safely in JailCan you imagine how much pressure would be put on the government to start real prosecutions if a million of us put th…
New features in Version 7 include automated cost optimization and cost-modeling capabilities. – Software-as-a-service IT financial management specialist Digital Fuel
unveiled Version 7 of its IT financial management platform, enabling teams to
collaborate in budgeting, planning and cost optimization. The platform is a set
of SAAS business applications that automate processes for IT business…
Either The Sisters Kardashians have a tough time with criticism or they’re quickly learning that a prepaid debit card card that charges a $99.95 annual fee, a $9.95 purchase fee, and monthly fees of $7.95 isn’t exactly the best way to wiggle their ample bosoms into the good graces of consumers. Kourtney, Kim, and Khloe [...]
