Friday, October 24, 2008

SG Expressbank offers promotional loan terms

SG Expressbank has updated the terms and conditions of its Expresso consumer loans. The financing facility now has a promotional interest rate of 9.99% for salary transfer on clients’ accounts at SG Expressbank.
The upper limit is set at BGN 30, 000, no warrantors required.
These special terms on Expresso are valid up until the close of October 2008.

Thursday, October 16, 2008

Gambling case fallout remains as Donaghy reports

The league has determined that for the first time in major professional U.S. sports, a referee will walk into prison a convicted felon on a gambling charge related to his employment.

It is an embarrassing day not only for Tim Donaghy, 41, who will report to a minimum-security federal camp in Pensacola, Fla., to start a 15-month sentence, but also for a league with a lucrative global footprint and a system of officiating that has taken a blow.

Donaghy pleaded guilty 13 months ago to felony charges of wire fraud and transmitting wagering tips through interstate commerce. He admitted to betting on NBA games, but neither the league nor federal investigators found evidence he wagered on games he worked.

Donaghy, enduring divorce proceedings and living in Florida this summer with a friend, was sentenced in July. He could be let out after 12 months. Needless to say, this is a difficult time. ... Tim is accepting of his situation," said his attorney, John Lauro. "He understands that he was going to be punished. But he's also looking to rebuilding his life.

Thursday, October 9, 2008

National Bank reports theft of laptop with mortgage loan database

National Bank (TSX:NA) says a laptop containing a database of mortgage loans has been stolen from its head office in Montreal.

The bank says the risk of information being used for fraud is minimal but it's taking precautions to inform and protect clients.

National Bank says its mortgage customers should be vigilant and report any unauthorized transactions in their account.

The bank didn't disclose how many client files are in the laptop database or the type of information contained on the machine.