News Americas, NEW YORK, NY, Fri. May 25, 2012:
Edul “Ed” Ahmad
First May now November. That’s the new possible date set for the trial of Guyanese entrepreneur and real estate mogul, Edul ‘Ed’ Ahmad.
Ahmad, 44, was set to face a trial on May 21 for participating in a mortgage fraud scheme in which he and others fraudulently obtained more than $50 million in loans. Now it looks like he may have to wait until after Nov. 5th.
The self-made real estate magnate, who drove a yellow Lamborghini, hosted many events at his banquet hall and advertised prominently in Richmond Hill and South Ozone Park is charged with charged with one count of conspiracy to commit bank and wire fraud and 10 counts of bank fraud. Continue reading →
Occupy Wall Street And New Bottom Line Spark The Struggle to Take Back The American Dream
By Tracy Van Slyke – September 30, 2011 – Nation of Change
In its second week, hundreds of people have taken over Liberty Square as part of Occupy Wall Street. What started as a loosely organized protest against the corrupting impact that Wall Street and big financial institutions have had on our democracy seems to be growing into something larger. The persistence and increasing organization of the mostly young protestors is tapping into the pain and disillusionment that millions of young Americans across the nation are feeling as they face bleak economic prospects that show little sign of improving.
As the Occupy Wall Street protestors lift up the pain that young Americans are experiencing and take it directly to the heart of our country’s corrupted financial system, other movements composed of homeowners, the jobless, faith leaders and the growing ranks of the poor are doing the same. And even better, these groups are demanding that the very banks that caused the economic mess in the first place take specific actions to clean it up and get the economy back on track. Continue reading →
