Former hedge fund managers for the now-defunct Bear Stearns have been acquitted of fraud, according to the U.S. District Court in Brooklyn, New York. Ralph Cioffi and Matthew Tannin were the former managers of two funds that collapsed during the meltdown on Wall Street in the mid-months of 2007, and lost their financial investors a total of $1.6 billion during the collapse. The men were brought up... 

A jury acquitted two former Bear Stearns hedge fund managers of lying to clients about the health of their investments, according to media reports Wednesday. Ralph Cioffi, 53, and Matthew Tannin, a 48-year-old law school graduate, not found not guilty of securities and wire fraud charges. Prosecutors claimed the alleged fraud cost 300 investors about $1.6 billion. The defense argued, however, that... 

Though China has worked hard to improve its image worldwide, especially by successfully hosting the Olympics in Beijing, recent news suggests that there is still political strife between China and its neighbors. Chinese officials lashed out at the Dalai Lama today for the spiritual leader’s continued work in a region of India that borders Chinese-controlled Tibet. The Dalai Lama, who is a revered... 

Have you ever heard expecting mothers trying out names for their soon to be born baby? Now you have the chance to take part in this exciting little game, without all the difficulties of labor pains and late night feedings! First though, you may need to brush up on your knowledge of the Inuit language. The Vancouver Aquarium is holding a contest to name its newest baby beluga, which was born at the... 

Have you bought a lottery ticket lately? Maybe you bought one this past Friday and have not checked the winning numbers yet? Now is the time to check that ticket! On Friday, November 6th, 2009, there was a single winning lottery ticket sold in the Manitoba area, which is a Canadian province next to Ontario. The winning ticket was for the $50 million jackpot in the Lotto Max Draw game. This is the second... 

In a speech to the Royal College of Defense Studies, Prime Minister Gordon Brown charged the Afghanistan President Hamid Karzai of being incompetent. Prime Minister warned the president that he would lose Great Britain’s support if the situation in Afganistan did not begin to show some improvement. The prime minister’s remarks were interpreted as denouncing Afganistan’s President... 

On Wednesday, Another staff member (the most senior member) of Alberta Health Services was let go. This worker was involved in the decision that allowed the Calgary Flames as well as their families to jump to the front of the line in order to receive the H1N1 vaccinations shot at a special clinic just last week. The conclusion of the investigation of this case revealed that nearly 150 shots were given... 

Nidal Malik Hasan, a 39-year-old Major stationed at Ft. Hood, Texas is currently in stable condition. It has only been a few days since he opened fire with two semi-automatic weapons on soldiers receiving medical treatment prior to their deployments to Afghanistan. His unforeseen rampage led to 13 dead people and 30 wounded. Hasan had recently been harassed by other soldiers for being Muslim. He had... 

For the second time in 24 hours, Americans are learning about another workplace shooting spree; this time in Orlando, Florida. There has been one confirmed death and at least five injuries as a result of the attack. Forty-year-old Jason Rodriguez, a former employee of the architectural engineering firm Reynolds, Smith and Hills, returned to the the firm over two years after being fired for a poor performance... 

Police are investigating on the mass shooting in Ft. Hood, Texas. Maj. Nidal Malik Hasan was nearing his time to be deployed overseas when he went in the military base and opened fire on 31 people. Army official Base commander Lt. Gen. Robert Cone stated that Hasan was to be deployed in Afghanistan and not Iraq as was stated earlier. Authorities are in the process of searching for clues to discover...