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  According to BlackMediaScoop.com, Londonofficials are investigating UBS trader Kweku Adoboli after he admitted losing $2 BILLION dollars from “unauthorized” trading! The City of London police arrested 31 year old Adoboli in London yesterday on suspicion of fraud and abuse of position in connection with unauthorized trading at UBS’s investment bank. Adoboli remains in custody […]

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“The Fed also yesterday sharply downgraded its own view of the US economy.” The New York Post illustrated this degradation with a racy photo of an ethnic woman on the cover of their issue. In an effort to represent the wildly fluctuating stock market, The New York Post chose to use a photo of a […]