| $25,000 jackpot winner says she’s never won anything
SHELBY � A $7.50 meal turned out to be the richest food Candy Lawson ever ate. And the Shelby resident�s bank account is going to be $25,000 a year fatter for the remainder of her life after winning the grand prize in Schlotzsky�s Deli�s online contest. �I�ve never won anything, not even a cakewalk,� she told The Star in an interview. The price of the meal, which she purchased at the Scholtzsky�s in Gastonia, turned out to be the best investment she ever made and definitely one that will change her life. She�s already bought a new car. �I did get something nice � a new Nissan, transportation you can count on.� She has not quit her job as a sales representative for Sprint Nextel. Eventually, she does plan to move to Oregon with her boyfriend and son so they can all be with her extended family.
In Depth: Your Credit Report
It's just a few pieces of paper, but it can determine where you live, what kind of job you land, how much you pay for insurance and how high your interest levels will be. Your entire financial future is based on your credit report, yet many people rarely if ever actually look at theirs to make sure it is accurate. .
(AFX UK Focus) 2007-11-18 12:08 GMT: G20 urges more currency flexibility in countries with current account surpluses
KLEINMOND, South Africa (Thomson Financial) - The G20 group of leading industrial and emerging economies urged more flexibility in the currencies of countries with large current account surpluses In their communique following this weekend's meeting here the G20 agreed that an orderly unwinding of global imbalances is a "shared responsibility", involving among, other things, "greater exchange rate flexibility in a number of surplus countries". China, which is crucially part of the G20, was not mentioned by name, but its currency policy has been the biggest source of tension in currency markets at a time when the value of the US dollar has fallen heavily. While the Chinese yuan has barely budged, other currencies like the euro, the Canadian dollar and the commodity currencies have all surged on foreign exchange markets in recent weeks and months.
Brokerage, bank accounts deemed safe
E-Trade customers had some needless hand-wringing this past week, worrying about the brokerage's financial problems and whether they might jeopardize the safety of 3.7 million accounts. The New York-based online broker told account holders their money was safe due to government protections and additional insurance. E-Trade Financial Corp. even took out a full-page advertisement in The Wall Street Journal to assuage broader fears of a collapse after its stock plunged due to the credit market turmoil. E-Trade, like other financial institutions dealing with credit problems, faces defections as customers pull accounts without realizing that their assets are protected. Some investors have even opened accounts at other brokerage firms to spread their money around. "Until the smoke clears, we reduced our holdings tremendously," said Steve Kaloroplos, a retired small business owner from South Carolina.
Ex-Putnam County Sheriff's Staffer Admitting to $45,000 Theft
INDIANAPOLIS (AP) — A former employee of the Putnam County Sheriff's Department has agreed to plead guilty to stealing $45,000 in government grants to the department, federal prosecutors said. George E. Alexander, 59, of Greencastle, was arrested in May a Rockville campground following four days on the run after a warrant was issued for his arrest. Alexander has signed a statement indicating that he intended to plead guilty to two counts of federal program fraud, prosecutors said Wednesday. He faces a maximum sentence of 10 years in prison and a fine of $250,000 on each count. Alexander remains in federal custody pending a court hearing, which has not yet been scheduled, according to the U.S. Attorney's Office in Indianapolis. Alexander diverted $45,000 from two grants to the sheriff's department in December 2005 and September 2006 to his personal checking account, prosecutors said.
Nigeria: LCCI Commends Ecobank's Participation At Trade Fair
The Lagos Chamber of Commerce and Industry, LCCI,organizers of the Lagos International Trade Fair hascommended Ecobank participation at the 2007 edition of the fair. President of the Chambers, Dr. Ademola Ajayi who was speaking the bank during the "Ecobank Day" at the fair said the unique features of the bank which has seen it spreading to 20 countries in Africa is an attestation to the its acceptance by the people. .
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