Germany’s Deutsche Bank dodged over $100 million in federal taxes, according to allegations in a lawsuit filed by the U.S. Attorney’s office in the Southern District of New York Monday afternoon. “Through fraudulent conveyances involving shell companies, Deutsche Bank tried to make its potential tax liabilities disappear. This was nothing more than a shell game,” said Manhattan U.S. Attorney Preet Bharara. The lawsuit alleges ...
Scott Prior (American, 1949) lives and works in Northampton, Massachusetts, where he has been a resident since 1971. Born in Exeter, New Hampshire, he received a BFA in printmaking from the University of Massachusetts in 1971. He has artwork in the Boston Museum of Fine Arts, the DeCordova Museum, the Danforth Museum, the Rose Art Museum and other major public and private collections. He has shown extensively in one-person and group shows in the United States and abroad. In 2001 he had a mid-career ...
US stocks dropped on Friday putting the S&P 500 on track to snap the seven weeks of gains with oil prices dropping to fresh lows of five years after disappointing China data. The S&P 500 ended the day 1.6% lower to $2,002.70, taking the losses for the week to 3.5%. The last time that it suffered such a decline was in May 2012, as reported by The Financial Times. ...
A still from the art film #Blackmendream. The film features nine men, turned away from the camera and talking about their hopes and fears. Nine men sit turned away from the camera; their faces are never shown. Many are shirtless or naked. They answer questions like: When did you become a black man? Do you cry? How were you ...
One of the main key's to successful trading is the preservation of capital. Beyond the obvious point here that if you loose your trading capital then you will be out of the game, is the fact that it takes much more to come back from a loss than it does to take the loss you are trying to come back from. As an example here lets say you start with $10,000 and loose $5000 from a string of bad trades. That $5000 loss represents a 50% loss on ...
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