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On January 19, 2012, Megaupload, a Hong Kong–based company providing file sharing services, was shut down by the US Department of Justice and the Federal Bureau of Investigation. [189] Some commentators and observers have asserted that the FBI shut down of Megaupload proves that SOPA and PIPA are unnecessary.
Financial mismanagement is management that, deliberately or not, is handled in a way that can be characterized as "wrong, bad, careless, inefficient or incompetent" and that will reflect negatively upon the financial standing of a business or individual. [1] There are many ways of how financial mismanagement is carried out.
Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furniture, toys, art, as well as craft supplies and tools.
In 2005, amid a federal investigation into bribery allegations against former California Rep. Randy “Duke” Cunningham, the FEC permitted the use of his campaign funds to pay legal expenses ...
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‘It’s heartbreaking’: This Colorado family reported more than $250K missing from daughter’s special needs trust fund a decade before the center in question filed for bankruptcy
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. [1] Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public.
The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2 ] [ 3 ] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.