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Barrick boosts equity offering to up to $4 billion

Canadian Funding Corp Innovations, Sept. 9, 2009 – Barrick Gold (ABX.TO) shares fell more than 4 percent on Wednesday, as investors reacted to the dilutive impact of a planned equity offering that could be worth as much as $4 billion.
Barrick, in a move that shows its faith that gold will continue to rise, announced an [...]

Amazing Case of Loan and Mortgage Fraud

Provided by Moishe Alexander, Canadian Funding Corp Innovations, July 28 – After the third major “sweep” of the mortgage industry in four years, the U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) announced on Thursday that it had arrested over 400 real estate industry players since March, dozens of them over [...]

Obama Fails to Adjust Mortgages, Canadian Funding Corp Avows

Canadian Funding Corp, Moishe Alexander – July 28 – Barack Obama’s effort to reduce foreclosures by decreasing mortgage payments of borrowers before they fall behind is failing to help as expected. Some homeowners are being told they must be behind on their payments to receive help, which runs awry relative to the aim of the [...]