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Archive for September, 2009

What is a Bond? US & Foreign Bonds Explained

This item was filled under [ Glossary, Investing ]

A bond is defined as an interest-bearing certificate issued by a government or business, promising to pay the holder a specified sum on a specified date. Common wisdom says bonds are a safe haven from stock market turmoil. Does that mean you should buy bonds if that turmoil comes from recession or inflation? Complicating the [...]

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Bank Hacking On The Rise

This item was filled under [ Bank Security ]

At the end of August, bank hacker Ehud Tenenbaum was photographed leaving court, having pleaded guilty to a single count of bank-card fraud. Tenenbaum, who is Iraeli by birth, had been arrested in Canada last year for allegedly stealing roughly $1.5 million in a bank hacking scheme. But before Canadian authorities could prosecute him, he [...]

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