Inside news from the Industri

Why did Regensberg fool people into thinking that they were liquid? Why did Bernie Madoff do it? In the global setting, it seems that these acts of dishonesty and criminality have no place in a fast-paced environment where people talk in terms of bull runs and not in terms of how much should be stolen.

The system has you; but people don’t realize that behind every large financial machine is just another person. Or a group of people. That’s why people should always be suspicious of any offers that seem too good to be true. Stick with established investment companies; don’t be prey to slick conmen. That’s what victims of Ponzi schemes learned the hard way.

When the world financial crisis hit, it seems that even the most solid illegal Ponzi schemes are unraveling right before our eyes. It’s the worst thing that could happen to illegitimate investors; finally getting caught. Just recently, Hayim Regensberg was caught doing a Madoff.

How do they do it? A Ponzi scheme is basically a contract of fraud that uses other people’s money. Say you have one hundred people. Person 1 is paid with Persons 2’s money. Person 2 is paid with Person 3’s money. In the end, the money is not growing.

All you have is a lot of cashless folks who expect that they’re earning more, but in fact, they’re not.

The stock market in the United States is full of nail-biting individuals who look at the rates, on tenterhooks. When the rates go up, they declare a bull run. When the rates go down, they sell off their stocks like there’s no tomorrow to avoid losing money. Is this a healthy practice, at all?

No. Risk-taking should only be done if you can really afford it. If you’re an investor, make sure you know how to survive first before you imitate other reckless investors. Don’t be fooled by companies like Dell and Sony; look what happened to them. When something goes wrong, even a small change in the environment, values go down fast.

It’s no surprise that Macy’s, one of the premier shopping chains around is now in the junk zone. What does the junk zone mean? Well, it simply means that it’s in big trouble. Aside from deteriorating performance in the credit market, Macy’s is also falling behind in sales and just about every aspect of its existence as a moneymaking machine.

We’re guessing that it will only take a few more months before Macy’s would bid farewell to the world. Either Macy’s adopts new strategies to get itself out of the red, or it falls apart completely. Remember, no one is safe. Even General Motors in Europe is nearly calling it quits. What do you think formerly big sellers should do to get out of trouble?

Victims of Mad Madoff’s illegal Ponzi scheme would cringe. Just recently, Bernard Madoff’s nine-million dollar Florida mansion lost two million off its net worth. Madoff couldn’t care less of course, since he and his wife are already tentatively agreeing to the sales of the luxuries for the repayment of the Ponzi scheme victims.

But as for the victims? The slump in the real estate industry could only spell bad news for them. Lower prices means less would be distributed to the victims of the Ponzi scheme. When Madoff finally goes to jail, people would jubilate. One hundred fifty years in the slammer is not enough repayment for what he has done to thousands of victims.

In the cat and mouse world of the Internet, bureaus that have been given the task to capture and prosecute need funding. Parallel to the rise in internet crime in the past few years, lawmakers in Mississippi are thinking of directly increasing fines in many minor violations to generate the necessary funds for its own cyber crime unit.

If the legislation passes, the small cyber crime unit could receive half a million dollars a year. That’s a lot of money, and if it’s used wisely, could halt the most dangerous illegal Internet operations. These Internet operations include pedophilia and illegal drug sales from unscrupulous traders who sell dangerous substances without prescription.

Just this April, Kraft destroyed all possibly contaminated nut products. Setton, the source of the pistachios that had been positive for the diarrhea-causing illness, has also been destroying batches that had been the cause of the salmonella scare.

Just like the food scare from China a few years ago, it appears that the US government was just as harsh to its own producers who sacrificed public health for millions of dollars. The willingness of these companies to destroy their own products was a good sign that local laws were still effective.

Everyone’s hoping that pistachios would become safer in the coming months. How about you, have you eaten a Kraft-produced pistachio nut lately?

Even though two coal-burning electrical plants have been approved in the state of Kansas, it doesn’t mean that environmental activists in the Senate are going to go down that easily. There are still legal ways to block the operation of the power plants, if ever they show signs of devastating effects to the environment.

Since Al Gore’s movie came out, everybody realized that global warming wasn’t a joke. In addition, alternative movies like “The Great Global Warming Swindle” informed the public further that there were other powers trying to misinform the public regarding the issue of industry and its connection to global warming. How about you, do you support the regulation of power plants?

The deal’s been made, but Michael Jackson’s side is not done yet. Ever since Michael Jackson’s brush with the law back in 2003, things had steadily been dipping for the King of Pop. First, you have the lawsuit. Then you have a string of unsavory things that came up during the trial, including a Michael Jackson appearing on-court in his pajamas.

More than two thousand items are up for grabs from the Neverland Ranch. According to the company that’s arranged for the items to be sold, the deal’s been made. According to the Michael Jackson’s side, the deal wasn’t clear to begin with. It seems that only Joe Jackson was happy with the judge’s decision to sell the stuff from the million-dollar dream home in LA.

In Massachusetts, jobless individuals are making thirty-second video recordings of themselves, to be aired at a television show. The approach, which has been hailed as the “cutting edge” in job searching, has received mixed responses from viewers and non-viewers alike.

One of the main problems of the show was the audience. Are employers actually watching the show? Are they interested in what these jobless folks have to say on camera? So many questions, but the producers of the show itself are quite most of the time.

Whether this stunt would become a small solution to a deepening problem remains to be seen. Let’s not hope that this doesn’t merely end up in the heap of You Tube has-beens.