Saturday, November 12, 2011

November 11, 2011

WORLD: Updates on Iran  Secretary of State Hillary Clinton demands that Iran respond within days to the United Nation's report that suggest Iran has gotten closer to developing a nuclear weapon.   Read our posts on August 17, 2011November 4, 2011Personal Note: World War III and November 10, 2011  Read More: Radio Free EuropeWall Street EuropeReuters

WORLD: Egyptian Pyramid Closed Down on 11/11/11  Because of indications that groups would hold spiritual services at the pyramid on November 11, 2011 at 11:11 am, the antiquities authority in Egypt closed the largest pyramid.  The other two pyramids remained open.  While nothing out of ordinary occurred, there was increased security presence.  Read More: Fox NewsUSA TodaySky News


BUSINESS: MF Global Fires All Workers  After declaring bankruptcy and the resignation of Jon Corzine, MF Global fired 1,066 employees on Friday.  Employees were furious, many of whom worked with the company for more than a decade, none of whom received a severance package.  MF Global filed for bankruptcy after Jon Corzine's bets on risky European bonds failed.  Jon Corzine is a former Governor of New Jersey, who lost in a re-election to Governor Chris Cristie.  Read our post on November 4, 2011.  Read More: ReutersFox NewsFinancial Times



WORLD: Putin Explains Presidential Run in Russia  Prime Minister of Russia, and former President, Vladimir Putin explained why he was running for President again.  He stated it was not for political reasons, but instead because he needs more time to improve living conditions in Russia.  He also talked about the latest events in Italy, praising the outgoing prime minister as "one of the greatest European politicians."  Read More: ReutersBBCRIA Novosti



HIGHLIGHTOne of MF Global's employees for 16 years calls Jon Corzine selfish and greedy.  Mentioning that everything happened because of one man and if he saw him in person, he would punch him.  Watch: YouTube

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