Why You Need To know your rights
How Boko Haram Was Created.
Why Nations Are Dumping The U.S. Dollar
We are about to see the collapse of the U.S. Dollar
This is the real story of how Vladimir Putin became this powerful
Why Abramovich is Leaving Chelsea Football Club
Here's the story of Abramovich connection to Russian President Vladimir Putin
The REAL REASON Why Roman Abramovich Is Leaving Chelsea
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Mark Zuckerberg, Facebook and Meta
How This Man Lost $20 Billion in Two Days
When you read about the fall of business empires that have amassed so much wealth, fame, and popularity, only a handful can be compared to the sudden implosion of Archegos Capital Management in March, 2020. When it comes to profiling the most notable failures in modern financial history, Archegos Capital stands right up there with no rival.
One of the striking thing about the failure of Archegos is the fact that not one individual has lost so much money as quickly as its founder have.
Hwang was not as popular as the famous people on Wall Street as well as Nobel Laureates who ran long term capital management that became popular in 1998.
Bill Hwang, as the founder of Archegos is famously called, became the dominant individual in the industry.
Either by coincidence or strategy, Archegos never did appear in the regulatory filings that disclosed major shareholders of public stocks.
Bill Hwang was a pillar of his church community. He donated millions of dollars annually to Christian causes via his Grace & Mercy Foundation.
Some of the biggest beneficiaries were the Fuller Foundation and Fuller Theological Seminary in Pasadena, California. Other beneficiaries were the New York-based Bowery Mission as well as the King’s College, which is a Christian liberal art school. But when he tumbled from his ivory tower, not even the ruins of the wall of Jericho could compare to the losses incurred by his collapse.
So what really happened? How do you lose $20 Billion in two days?
Why The CIA Want Julian Assange Dead
In 2017, some senior officials inside the CIA discussed killing Assange, going so far as to request “sketches” or “options” for how to assassinate him.
The conversations were part of an unprecedented CIA campaign directed against WikiLeaks and its founder. According to senior officials of the administration, discussions over kidnapping or killing of Assange occurred “at the highest levels” of the Trump administration, and “There seemed to be no boundaries.”
CIA’s efforts include extensive spying on WikiLeaks associates, sowing discord among the group’s members, and even going as far as stealing their electronic devices.
These renewed efforts are believed to have started when CIA director, Mike Pompeo expressed his desire to gain revenge on WikiLeaks and Assange for embarrassing the CIA with loads and loads of documents stolen from the intelligence agency.
CIA’s efforts against Assange is only comparable to the agency’s failed attempts to murder Cuba’s former dictator, Fidel Castro.
But what do you have to do to have the notorious CIA and several world governments place a bounty on your head?
Who do you have to become to get on the spy agency's kill list?
What knowledge do you have to possess to become such a threat that the world becomes too small to hide?
Do you have to be Osama Bin Laden? Or Fidel Castro? Do you have to be Sadam Hussein or Muhammar Ghadafi?
Perhaps being Julian Assange is just enough to have the world turn its back on you and let the CIA hunt you down like a meat for a hungry lion. But does that mean you are a spy or a journalist?
Why does the CIA want Julian Assange Dead so badly that they were willing to kidnap and assassinate him?
This Steve Job's First Company Blew $2 Billion Dollars Overnight
A 2021 report by the Computer Technology Association showed that 53 percent of American homes owned a video game, while another 30 percent of Americans are planning to get theirs within in the nearest future. Brands like Nintendo, PlayStation, and Xbox are the leading players in the video game industry. However, their dominance may not have come to fruition if not for the foundation laid by a brand like Atari.
In the same vein, Atari was a gaming innovator and without them, video games like Grand Theft Auto, Minecraft, Zelda, etc wouldn’t have existed. It wouldn’t be hyperbolic to state that Atari at its peak was as dominant in the video gaming industry as the United States steel was during 19th and early 20th century.
If Atari was this successful and was indeed the pioneer in terms of how the video gaming industry was shaped, how then is it not talked about in the same breath as PlayStation and Nintendo? This story is about the sudden rise of Atari and how it fell subsequently like a house of cards.
The REAL Story Behind Wirecard Fraud
Wirecard was founded in 1999, to cater to services bothering on electronic transactions in the continents of the world. The payment company was estimated to have been worth 28 billion dollars at its peak, and was also listed among the 30 companies on the prestigious DAX stock index in Germany.
Wirecard offered not just payment transaction services but risk management as well as virtual and physical cards. Its June 25, 2020 collapse meant that creditors were owed over 3.5 billion after the revelation that there was a gaping hole in its books. Its auditors, EY, were of the opinion that that gaping hole was the offspring of a “sophisticated global fraud”.
In a bid to mitigate the situation, Wirecard’s new management had been in talks with creditors in order to resolve the crisis but backed out. Wirecard defended itself by saying the collapse in talks was “due to impending insolvency and over-indebtedness”.
The Wirecard scandal is believed to be Germany’s biggest scandal after the 2015 Volkswagen crisis, popularly known as “Dieselgate” and the Siemens corruption scandal that shook the late 2000s, commonly known as “Germany’s Enron”, the German version of the 2001 accounting scam carried out by Enron, a U.S. energy company. But what really happened?
The Real Story Behind The Trial of Elizabeth Holmes
The founder of Theranos, a failed blood testing start-up, Elizabeth Holmes, was convicted of 4 of 11 count charges bothering on fraud on Monday the 3rd of January, 2022. The case against the former CEO represents the shortcomings that trails Silicon Valley’s message of hard work, hype, and fake it till you make it.
Elizabeth Holmes, whose aspiration was to revolutionize healthcare delivery through blood testing, became one of the leading high-flying start-ups executives to field fraud allegation charges.
With over 50 hours over the course of seven days, a jury comprising of eight men and four women arrived at a verdict that led to her conviction for a three count of wire fraud and a count of lying to investors to raise money for her company with the intent to commit wire fraud. But how did we get here? This is a story of Theranos. A Brilliant Idea that failed in the hands of a fraudster.
Why Millions Of Workers Are Quitting Their Jobs
The Great Resignation is real, and is happening across virtually all industries.
An August 2021 poll revealed that more than half of workers surveyed said they plan to look for a new job in 2022.
Fifty-six percent of respondents said they will favor adjustable working hours and remote work.
And while some people have taken the bold step to leave the workforce entirely, job security and better pay remain top concerns for employees.
Economists and pollsters have been investigating what's going on, trying to find answers. Are generous government benefits encouraging people to quit?
Maybe, but some evidence suggests not. Are people angling for a raise after decades of stagnant pay? Probably, yeah.
The family pressures imposed by closed schools, the closing and reopening of businesses, the reshuffling of the population to different locations and industries, and the fear of the virus in face-to-face settings have all also almost certainly played a role. But the historic rise in quitting also seems to be about more than all of this.
Clearly, Americans are reassessing the way they work. People are looking for something that is going to be better for their families, something more stable, and rewarding. This quest has resulted in millions of resignations across the country.
To put that number in perspective, almost 4.3 million Americans quit their job in August 2021 alone. The resignation rate hit a 20-year high of 2.9%.
These large exodus of workers has been dubbed "The Great Resignation".
It has left millions of jobs unfilled and created hiring challenges for thousands of companies.
But Why are people walking away from their jobs? What does this mean for employees and businesses? And what steps should you take before quitting your job?
Why Democrats Are Turning Against Joe Biden's Presidency
With the midterms just months away, the Democratic party appears to be in total disarray. The optimism that followed Joe Biden's victory in the 2020 presidential elections seem to have faded as the magnitude of the work unravels.
The White House is looking more alienated by the day and the power struggle in Washington doesn't seem to be favoring the left so much.
Even though Democrats have a slight majority in both houses of Congress, they are not getting enough done.
In recent weeks, some vocal lawmakers in the Democratic party have distanced themselves from the failing administration.
Voters, both moderate and hard left leaning democrats are beginning to voice out their frustrations with this administration.
More and more people are asking where this administration is leading the country. But the most confused in all of these appears to be Joe Biden himself.
To understand why there are so many disgruntled voices against this government, we ask, why are Democrats running away from Joe Biden's presidency?
Why Putin Is Invading Ukraine
After a long week of diplomacy in Europe concluded Thursday, Russia has begun to move its troops into Ukraine with the U.S. and European countries failing to convince Moscow to stop its massive military deployment on the borders of Ukraine. Reports claimed that the meeting has not ended well for either party.
Both Russia and Ukraine continue to maintain the stand they had before the week of diplomacy began.
Ilhan Omar Scandal - Did FBI Bury Evidence of SERIOUS Fraud Allegations?
Ilhan Omar Scandal - Did FBI Bury Evidence of SERIOUS Fraud Allegations?
Nancy Pelosi - How To Get Away With Fraud
Nancy Pelosi - How To Get Away With Fraud
How The SEC Helped Bernie Madoff Become The Biggest Fraudster in History
The saying that "not all that glitter is gold" is perhaps one of the most accurate of all times. While it is mostly used in reference to opportunities, it can also be used to describe people. People like Bernie Madoff.
That said, it is good we understand that Madoff was one of the most brilliant minds of his time. He was a great trader that revolutionised wall street. His consistent returns on investment over time made him the best fund manager of his time.
Madoff was so good that he was no longer available for every investor. His investment company was tailored for a specific class of people. You would need someone to vouch for you to be able to give him your money.
He was the chairman of NASDAQ and had built a name for himself. He spent over 3 to 4 decades building this glorious empire. But then... one day, just like a house of cards, everything crumbled.
Bernie Madoff's life came to an end in prison while serving a 150 years prison sentence.
He went from being the king of wallstreet to being known as an American fraudster who ran the largest Ponzi scheme in history, worth about $65 billion.
But how did this happen? Was he acting alone?
How was Madoff able to pull this massive scam and kept it going for over 30 years?
Tigray Crisis: The Battle for the soul of Ethiopia
Tigray Crisis: The Battle for the soul of Ethiopia