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Last updated: 07:28:38 Friday Dec 18, 2009


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  • Alternative Assets for the Masses
    Institutional investors have long used private equity and hedge funds to achieve overall returns far higher than those eked out by individuals. In the 10 years ended Dec. 31, 2008, Hedge Fund Research's Fund Weighted Composite Index gained 7% per year, on average, while the Thomson Reuters U.S. Private Equity Performance Index returned an annual average of 17%. That compares with a 13% cumulative loss for the Standard & Poor's (NYSE:MHP - News) 500-stock index.   Source:(BusinessWeek)   2009-12-18

    Evangelist Oral Roberts dies in Calif. at age 91
    TULSA, Okla. - Oral Roberts, who helped pioneer TV evangelism in the 1950s and used the power of the new medium - and his message of God's healing power - to build a multimillion-dollar ministry and a university that bears his name, died Tuesday. He was 91.   Nations:U.S.   People:Jerry Falwell Charles Grassley   2009-12-15

    The Top 10 Political Scandals of 2009
    It might not have reached the heights of the Watergate and Lewinsky years, but the political scandals of 2009 had something juicy for everybody. Republicans went for sex, Democrats for money, and former Gov. Sarah Palin simply bailed out on Alaska. But for sheer bizarreness, the award has to be split between the state dinner gate-crashers and former Illinois Gov. Rod Blagojevich, who was impeached for trying to sell Barack Obama's Senate seat--before quitting and winning his own seat on The Donald's 2010 Celebrity Apprentice.   Nations:U.S. Denmark   People:Sarah Palin Christopher Dodd Barack Obama   Activities:2009 White House Party-crasher Blagojevich Corruption Case 2009 Sanford Sex Scandal 2005 Hurricane Katrina 1972 Watergate Crisis   2009-12-14

    Accenture marks 1st sponsor to cut ties with Woods
    Global consulting firm Accenture PLC has ended its relationship with Tiger Woods, marking the first major sponsor to cut ties altogether with the golfer since his alleged infidelities surfaced and he announced an indefinite leave from the sport to work on his marriage.   People:Tiger Woods Roger Federer   Activities:Tiger Woods Sex Scandal   Source:(AP)   2009-12-13

    Chile: Billionaire beat leftists, now faces runoff
    SANTIAGO, Chile - Right-wing billionaire Sebastian Pinera beat three leftists in Sunday's presidential election but failed to obtain a majority, setting up a runoff against a veteran of the coalition that has ruled Chile for two decades of democracy.   Nations:Chile   People:Augusto Pinochet   2009-12-13

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  • [Anti-terror War in Pakistan]: Taliban blow up school in NW Pakistan: official (09:13 12/14)
  • [Global Financial Crisis]: Analysts: Poor timing in government's Citi sale (20:53 12/17)
  • [U.S. War on Terror]: US-Pakistanis jailed for video terror plot (21:09 12/14)
  • [Afghan Terror War]: French, US troops in major operation east of Kabul: military (20:53 12/17)
  • [2008 U.S. Recession]: House narrowly approves year-end jobs (23:37 12/16)
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  • Stories Coverages

    Gallery
     
    Northern Illinois University Shooting
    2008-02-17

    Fire Killed Students in N.C.
    2007-10-28

    2007 Virginia Tech Rampage
    2007-04-24

    Fudan University (College Students)
    2006-06-28

    Boston University:College Students
    2006-05-14

    Peking University (College Students)
    2005-12-19

    Zhongshan University (College Students)
    2005-09-26

    Fudan University (activities)
    2005-09-26

    Tsinghua University (activities)
    2005-09-23

    Syracuse University (College Students)
    2005-08-26

    Central University For Nationalitie (College Students)
    2005-01-29


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    [2009 US Health Reform]: It's now Democrat vs. Democrat on health care (09:00 12/18)


    [111th Congress]: It's now Democrat vs. Democrat on health care (09:00 12/18)


    [Copenhagen Climate Meeting]: Official: Obama, Chinese move forward on climate (09:00 12/18)

    [China-U.S.]: Official: Obama, Chinese move forward on climate (09:00 12/18)


    [2009 GM Bankruptcy]: GM to discontinue Saab after deal talks collapse (09:00 12/18)


    [2008 U.K. Recession]: British borrowing rockets to record high (09:00 12/18)

    [Global Financial Crisis]: Chinese banks hide growing credit risks: Fitch (09:00 12/18)

    [2008 Mumbai Terror Attack]: Mumbai attacks suspect says he was framed (09:00 12/18)


    [Anti-terror War in Pakistan]: Suicide bomber near NW Pakistan mosque kills 10 (09:00 12/18)


    [Somalia Piracy Crisis]: Somali pirates release Greek-owned ship, 21 crew (09:00 12/18)




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