Movie theater massacre in Colorado

An armed gunman killed 12 and wounded 58 in a movie theater in Aurora, Colorado just after midnight during an opening screening of the latest Batman movie “The Dark Knight Rises”. The gunman has been identified as a 24-yearold dropout of a neuroscience PhD program at the University of Colorado, Denver. At the time of […]

How Libor scandal affects you

On June 28, 2012, Barclays, the United Kingdom’s second largest bank by assets admitted to a claim by the authorities that it manipulated borrowing cost from 2005 to 2009 and agreed to pay a fine of $455 million to U.K. and U.S. authorities to settle charges. Barclays sets the London interbank offered rate commonly known […]