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It seems that the feds have got into work by seizing Madoff’s penthouse in Manhattan. According to news portals, they mentioned that this particular penthouse is worth approximately $7 million in market value. And when they took control of the house, Madoff’s wife was forced to move elsewhere. Typically, the feds changed all the locks and secured any access into the house.

Madoff was sentenced to a whopping 150 years in prison for the apparent Ponzi Scheme which he masterminded for more than 2 decades already. It seems that he cheated over $171 billion in his scheme, in one of history’s biggest Ponzi Schemes.

Personally, even though he was sentenced to prison, I believe that there is no retribution for the victims as the money cannot be recovered indefinitely.

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With the US troops fully withdrawn from Baghdad, Joe Biden made a surprise visit to Baghdad, with the intention of meeting Iraqi leaders as well as US military commanders. On the other hand, he also mentioned that he will be planning an evening visit to the US embassy as well.

Biden mentioned that he is very optimistic with Iraq’s future, but he cautioned that the local government should gain political consensus in order to be victorious. Also, Biden says that he hopes to implement Barack Obama’s full US troop withdrawal from the country by 2012.

Personally, I feel that Biden really has the guts to visit Baghdad.

If you notice that your telecommunication costs are spiraling upwards, I suggest that you should seriously consider going for a telecommunication system overhaul by implementing Business Voip solutions into your organization. Vocalocity offers one of the industry’s best business VoIP solutions, at an affordable rate as well. Of course, if you want to know just how competitive their rates are, make sure you pay a visit to their web portal at www.vocalocity.com to get an in-depth overview on their entire cost structure. And while you are there, make sure you check out their hosted PBX solutions as well.

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When news poured out into the streets today, by stating that the unemployment ratio has hit a 26-year high of 9.5 percent, Obama made an announcement today by reassuring the public that the economy is indeed heading for recovery.

In fact, Obama specifically mentioned that the economy will recover in the short term and that there is no need for a wide spread panic. On the other hand, analysts mentioned that employers have yet again fired off 467,000 workers in June, which pushed the unemployment figure to a new high.

Well, I’m a little uncomfortable with the unemployment figure, but let’s just hope that the economy do recover, in due time.

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It seems that Michael Jackson has problems sleeping at night and that his insomnia might have indirectly caused his death. According to a nutritionist that Michael hired, she mentioned that Michael Jackson kept persisted in insisting her to intravenously administer a powerful drug called Diprivan, also known as Propofol, to help him sleep at night.

Diprivan or rather Propofol is used to put patients to sleep in a surgery and that the slightest miscalculations when administrating the drug can prove to be fatal. On the other hand, the symptoms that Michael had, just before he died showed some similarities with an overdose with the drug.

Authorities are still finding out on what actually happened to Michael Jackson and they have yet to release any official statements pertaining to his death.

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With impending destruction to the entire state, it seems that due to the fact that lawmakers failed to reach a unanimous agreement on a balanced budget for the new fiscal year, the Californian government is now forced to issue IOUs to various agencies that they are working together with.

These IOUs mark for the first time in 17 years, that the government had to resort to such measures to stay afloat in their administrative tasks. In fact, Governor Arnold Schwarzenegger plans to send $3.36 billion in IOUs on top of $10.9 billion in other payments, to help the state stay afloat.

Can Arnold Schwarzenegger keep his Californian state alive?

I’m sure that many of us are accustomed to spring mattresses as well as foam mattresses but have you heard of the latest air mattresses? These mattresses are waterproof and would be an ideal bed when you go camping out in the woods as the air will cushion all the irregularities on the ground. Nevertheless, if you are looking forward to purchase one of these air mattresses, make sure you read this air mattress review, just to get some basic guidelines on what you look for in your purchase. I’m sure you’ll find the site to be rather insightful.

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