NMB Bank will next week receive a US$2,5 million loan from an offshore financial institution to cover the hole created by a series of fraudulent activities that rocked the bank last year.
Badri Patarkatsishvili was said to be Georgia's wealthiest businessman, having made billions in the Russia in the 1990s, in deals as labyrinthine as they were lucrative.
XShares Advisors, LLC, an investment advisory firm focused on developing precisely focused, innovative exchange-traded funds (ETFs), today reported highlights for 2007. During its first year of issuing ETFs, the firm introduced three fund families: HealthShares(TM), Adelante Shares, and TDAX Independence Exchange-Traded Funds.
Although there are references dating as far back as biblical times, klezmer music is probably better known as the traditional instrumental party music of Yiddish-speaking East European Jews. An often joyous, celebratory sound based on violin, clarinet, trombone and saxophone, it’s capable of lifting even the most downtrodden of spirits.
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