MONEY.

Another GUILTY Madoff.

Bernie Madoff’s younger brother Peter, pled GUILTY to conspiracy in Bernie’s massive conspiracy theory. Peter admitted that he had lied to investors while also falsifying documents while he was the chief compliance officer of his brothers hedge fund. Peter faces 10 years in prison, under the terms of his plea agreement, while his $143 million fortune...

Obamacare Upheld By High Court 5 – 4

Early Thursday morning, the Supreme Court upheld the individual requirement at the heart of President Obama’s healthcare overhaul. The law had been challenged based off a provision of the law that required all Americans must buy health insurance. The individual health insurance mandate is constitutional, the Supreme Court ruled Thursday, upholding the central provision of...

Federal Interest Rates Lowered.

On Wednesday morning, in a move that would prove to be good news to consumers, the Federal Reserve announced that it will be extending Operation Twist in order to lower the long-term interest rates for millions of consumers and businesses. The Federal Reserve said it will continue shifting its portfolio from short to long-term securities...

Gucci Connect for iPhones.

A virtual style magazine, Gucci Style by Gucci is billed as “an exclusive digital shopping magazine” providing editorial and shippable content, in addition to exclusive behind-the-scenes videos of fashion shoots and interviews with Gucci ambassadors. You’ll also be privy to Creative Director Frida Giannini’s personable musings in a video blog of her road trip across...

THE PARANOID CORNER: The End of the World or the End of the Economy?

May, 2011 marked an unprecedented moment of our current generation, and a telling sign of what’s to come; Utah legalized the use of gold and silver as currency. What that meant a year ago is, our weakening dollar is now dying a slow death, as the world’s reserve currency, with many other states in America...

Serve from American Express: The Card for Everyone.

American Express introduces Serve, a membership card designed for all of us. The Serve card is a reloadable prepaid card that can be used wherever American Express is accepted in the U.S. With the send card you can send and receive money by email, text, and through social media, Facebook. Serve also allows for members...

Her Majesty’s Diamond Jubilee Collection.

Backes & Strauss London, since 1789, has been the nation’s oldest diamond company, proudly presents the Diamond Jubilee Collection. This incredible watch is aptly a Regent, which was designed, crafted and inspired by England’s Diamond Queen- Her Majesty Queen Elizabeth II, in celebration of her 60 year reign, from 1952 to 2012. B&S London was...

Drake Gets OWNED on Twitter!

Canadian’s own Drake was on twitter, has shown the youth that he likes the expensive things in life, rapping lyrics such as: Why has every woman never dined here before? Am I the only 23 year old wine connoisseur? The Rothschilds, the Cru’s, the Gajas and the Opuses It’s always nice when you’re out with...

Facebook Shares Dip Below $30 TO NEW LOW.

Facebook shares have dipped below $30 for the first time since their flotation, to a new low of $29.27. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at more than $100bn. Since then, Facebook’s shares have lost almost a quarter of their value. Russia’s...

Google Says “No Money Oracle.”

On Wednesday, a California jury agreed that Google’s Android device didn’t infringe on Oracle Corp’s copyright patents, after  initially stating that they had. The jury announced the verdict for the legal battle, after Oracle accused Google for infringing on its Java code in building the Android software. The same jury had found earlier that Google...

DIABLO III SHATTERS PC Sales Record in 24 Hours.

Blizzard INC. Announced that in the first 24 hours of release their game Diablo III had sold in excess of 3.5 Million copies. This has set a new sale record in the PC games industry. That doesn’t include the 1.2 million of fans who’s recieved the game through pre-sales cross promotion of World of Warcraft....

Chinese Counterfeit Military Parts.

Counterfeit electronic parts from China are “flooding” into critical U.S. military systems, including special operations helicopters and surveillance planes, and are putting our nations troops at risk, according to a new U.S. Senate committee report. A year-long investigation conducted by the Senate Armed Services Committee found more than one million suspected counterfeit parts found their...