PHILADELPHIA— A Delaware County investment manager ran a Ponzi and fraud scheme that swindled an estimated $50 million from as many as 80 investors, federal authorities charged. Joseph S. Forte, 53, of Broomall, was given the money to invest ...
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ROME (AP) - More than 100 flights at Rome's main Leonardo da Vinci airport have been canceled by a ground workers protest against job cuts that are part of Alitalia's imminent relaunch. The new, streamlined Alitalia starts operations next week. The ...
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China issued long-awaited third-generation mobile phone licenses yesterday, a move that will pour billions of dollars into new networks as consumers buy video and Internet-enabled handsets. The Ministry of Industry and Information Technology issued ...
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THE GLOBAL economic crisis should be viewed by Asia’s policymakers as an opportunity to expand investment in “desperately” needed public goods, economist Jeffrey Sachs told an ADB audience. Professor Sachs, director of the Earth Institute at ...
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NEW YORK (AP) -- Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month in what is ...
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Greg Fleming, the head of investment banking at Merrill Lynch, is leaving scarcely a week after it was acquired by Bank of America. His departure comes three days after Robert McCann, head of Merrill’s “thundering herd” of 16,000 financial ...
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An investment manager ran a Ponzi scheme that swindled an estimated $50 million from as many as 80 investors, federal authorities charged. Joseph S. Forte, 53, of Broomall, Pa., was given the money to invest between 1995 and 2008, the Securities and ...
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