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Vaporized: 45 percent of world’s wealth

By Megan Davies and Walden Siew

NEW YORK (Reuters) – Private equity company Blackstone Group LP (BX.N) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world’s wealth has been destroyed by the global credit crisis.

“Between 40 and 45 percent of the world’s wealth has been destroyed in little [...]

One MILLION suspects… and counting

FBI has one MILLION people on ‘watch and stop’ terror list

By Paul Thompson The FBI have revealed they have a million people on their ‘watch and stop’ list for terror suspects.

People on the list are stopped from flying into America or subjected to intense questioning at border crossings before being allowed entry [...]