1040 Finance News

According to reports, shares of the internet giant America Online is falling as a result of the dwindling number of subscribers. Last year, AOL share was valued at $.78 while this year, during the same period, shares are down to $.32. Obviously, the company was over confident and did not plan on offering their subscriber [...]

Another country that is feeling the burden of ballooning debt is Greece. The current debt crisis that the country is in is being blamed on the derivative trading that Goldman Sachs made. According to experts, the said financial company tricked the Greeks to engage in currency swaps without the latter realizing that it will create [...]