Exclusive: SEC builds new tips machine to catch the next Madoff
News from Reuters:

Thomas Sporkin is Chief of the Office of Market Intelligence at the Securities and Exchange Commission headquarters in Washington, June 24, 2011.

Credit: Reuters/Jonathan Ernst

WASHINGTON/NEW YORK | Wed Jul 27, 2011 3:41pm EDT

(Reuters) – For more than three years, U.S. securities regulators investigated allegations of accounting fraud at a small telecom firm called China Voice Holding Corp, but co…………… continues on Reuters

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Local Bank Offers International Travel Tips
News from Patch.com:

Planning a trip abroad? Worried about accessing foreign currency or dealing with unfavorable exchange rates? Dacula’s Hamilton Mill Wells Fargo Bank offers 10 tips to consider when planning for your financial travel needs: 

  1. Avoid foreign currency exchange line hassles, high fees, and unfavorable exchange rates typical at airports, hotels, or foreign banks by purchasing currency before leaving.
  2. Have small denominations on hand to pay for taxi rides, tips, and meals. Take the U.S. dollar equivalent of $ 50 to $ 100 in currency per-person per-day to meet these expenses.
  3. Travelers cheques are available in U.S. dollars and foreign currencies including euros. Taking travelers cheques in the currency of your destination avoids calculating exchange rates when making purchases.
  4. Cash U.S. dollar travelers cheques at a bank rather than at a hotel, airport, or train station for a more favorable r…………… continues on Patch.com

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