Author: InvestAdvocate

President Goodluck Ebele Jonathan, October 1st Address to the nation

  Fellow Compatriots,  1.  On this day 51 years ago, the British Union Jack was lowered and replaced by our national Green-White-Green flag, heralding the independence of our nation. The 1st of October remains a special day for us, for Africa, and indeed the world.      2.  As we celebrate today, we remember […]

Wall Street ends worst quarter since 2008 meltdown

By Edward Krudy NEW YORK (Reuters) – Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe’s debt debacle, a U.S. credit downgrade and a sputtering global economy. A steep slide on Friday closed out a fifth month of losses as weak economic data […]

JPMorgan, BofA sued over mortgage debt losses

By Jonathan Stempel (Reuters) – JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks. The plaintiff Sealink Funding Ltd said it lost money after buying […]