Berkeley City College overpaid financial aid

Federal authorities are investigating whether a former Berkeley City College employee purposely paid students more than $327,000 in extra financial aid.
Robert Vergas, 58, retired in April, shortly before he was to be fired by the Peralta Community College District. He has denied any wrongdoing and said he is being blamed for deficiencies in the district’s […]


Treasury mulls buying stakes in banks

In another attempt to thaw the frozen credit markets, the Department of the Treasury is considering a recapitalization plan that would involve buying stakes in the country’s banks, according to published reports.
The […]


Light Trading as Market Awaits Closure of Fed Bailout Proposal

Light Trading as Market Awaits Closure of Fed Bailout Proposal
The Usd was mostly flat in the US trading session as the majority of the market anticipates the outcome of the Fed Bailout proposal, as this bill is delayed following party contentions. The EurUsd is marginally higher, up a little over 10 pips at the low […]