Walletpop Canada http://www.walletpop.ca/blog Walletpop Canada http://www.walletpop.ca/blog/media/feedlogo.gif Walletpop Canada http://www.walletpop.ca/blog en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/Careless Chinese Baggage Handler Really Throws Himself Into His Workhttp://www.walletpop.ca/blog/2013/06/18/careless-chinese-baggage-handler-really-throws-himself-into-his/http://www.walletpop.ca/blog/2013/06/18/careless-chinese-baggage-handler-really-throws-himself-into-his/http://www.walletpop.ca/blog/2013/06/18/careless-chinese-baggage-handler-really-throws-himself-into-his/#commentsFiled under: , ,

Careless Baggage Handler Caught Man-Handling PackagesBy Matt Brownell
Daily Finance

This guy should probably look into a new line of work.

A viral video making the rounds this week shows an air-freight handler at Guangzhou Airport in China loading up a cargo plane in the most careless way possible. Over the course of the four-minute video, the handler tosses parcels in the general direction of a conveyor belt, with only about half of the boxes reaching their intended target and the rest tumbling to the tarmac.

The video was first posted by Australian YouTube user Mark Bridgman a year ago, but it's gone viral this week.

It's not entirely clear what's happening here. This isn't a simple case of an overworked employee rushing to finish his work as quickly as possible -- if anything, his careless approach is going to make things take even longer, as he has to retrieve all the packages that fall onto the tarmac. Has he always been this bad at his job, or has the drudgery gotten to him? Is he just having a bad day? Is he drunk?

Continue reading Careless Chinese Baggage Handler Really Throws Himself Into His Work

Careless Chinese Baggage Handler Really Throws Himself Into His Work originally appeared on Walletpop Canada on Tue, 18 Jun 2013 15:15:00 EST. Please see our terms for use of feeds.

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]]>baggage handlerBaggageHandlerviral videoViralVideoWalletPop EditorTue, 18 Jun 2013 15:15:00 ESTClassic Cosmetics: Kinder to Your Skin, Your Wallet and the Earthhttp://www.walletpop.ca/blog/2013/06/18/classic-cosmetics-kinder-to-your-skin-your-wallet-and-the-eart/http://www.walletpop.ca/blog/2013/06/18/classic-cosmetics-kinder-to-your-skin-your-wallet-and-the-eart/http://www.walletpop.ca/blog/2013/06/18/classic-cosmetics-kinder-to-your-skin-your-wallet-and-the-eart/#commentsFiled under: , , ,

IMAGE SOURCE Spa / Beauty ROB LEWINE - Oatmeal mask
By Bruce Watson
Daily Finance

Makeup can be dangerous.

Looking at the rows of toners and powders, lipsticks and rouges packing the corner drug store, cosmetics seem innocent enough. But under the bright colors and attractive packaging, the sex appeal and huge advertising budgets, dangers lurk -- industrial solvents and carcinogens, deadly metals and petroleum distillates. And even beyond the health dangers, there are environmental worries -- concerns about where these ingredients come from and what their extraction does to the Earth.

On the other hand, it wasn't always this way. Sure, the ancient Romans sometimes mixed lead with their cosmetics, and 19th century Americans occasionally killed whales to get the raw ingredients for their perfumes. But, on the whole, cosmetics and skincare have gotten a lot less friendly over the past few decades.

Luckily, many of the classic cosmetics and skincare products your grandmother used are still going strong today. Here are nine of our favorite brands that are gentle on your wallet and will leave your skin and hair feeling great.

SLIDESHOW: Classic Cosmetics That Stand the Test of Time

Satin PillowcasesOlive Oil SoapWitch HazelCold CreamRosewaterCoty Airspun PowderOatmealRosebud Salve

Classic Cosmetics: Kinder to Your Skin, Your Wallet and the Earth originally appeared on Walletpop Canada on Tue, 18 Jun 2013 11:52:00 EST. Please see our terms for use of feeds.

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]]>WalletPop EditorTue, 18 Jun 2013 11:52:00 ESTFollow the Financial Lead of These 3 Money-Savvy Actresseshttp://www.walletpop.ca/blog/2013/06/18/follow-the-financial-lead-of-these-3-money-savvy-actresses/http://www.walletpop.ca/blog/2013/06/18/follow-the-financial-lead-of-these-3-money-savvy-actresses/http://www.walletpop.ca/blog/2013/06/18/follow-the-financial-lead-of-these-3-money-savvy-actresses/#commentsFiled under: , , ,

Keira Knightley at Rockefeller Center on December 3, 2012 in New York City.
By Caroline Bennett
Daily Finance

Salacious shopping sprees, supersized bar tabs and parties that run well into seven-figure territory dominate the celeb gossip headlines. But not all of Hollywood's elite burn through money like it's going out of style.

There are some stars who have excellent financial track records, and you don't have to have a celebrity-sized paycheck to follow their lead. From saving money to making smart investments, these actresses are great role models for financial advice that anyone can use. Here's how they do it.

Continue reading Follow the Financial Lead of These 3 Money-Savvy Actresses

Follow the Financial Lead of These 3 Money-Savvy Actresses originally appeared on Walletpop Canada on Tue, 18 Jun 2013 10:40:00 EST. Please see our terms for use of feeds.

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]]>WalletPop EditorTue, 18 Jun 2013 10:40:00 ESTThink Facebook Execs Are Overpaid? Tough Noogieshttp://www.walletpop.ca/blog/2013/06/18/think-facebook-execs-are-overpaid-tough-noogies/http://www.walletpop.ca/blog/2013/06/18/think-facebook-execs-are-overpaid-tough-noogies/http://www.walletpop.ca/blog/2013/06/18/think-facebook-execs-are-overpaid-tough-noogies/#commentsFiled under:

Facebook Mark Zuckerberg
By M. Joy Hayes, PhD
Daily Finance

Think Facebook (FB) executives are overpaid? Join the club.

A close review of Facebook's 2013 proxy voting results suggests that most average outside shareholders are unhappy with Facebook's executive compensation system.

Unfortunately, there's nothing they can do about it.

Investors: You've Been Out-Classed

Facebook's current capital structure essentially gives insiders total control over matters brought to shareholders for a vote., because Facebook has two classes of stock -- a dual-class voting structure.

Continue reading Think Facebook Execs Are Overpaid? Tough Noogies

Think Facebook Execs Are Overpaid? Tough Noogies originally appeared on Walletpop Canada on Tue, 18 Jun 2013 08:21:00 EST. Please see our terms for use of feeds.

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]]>investingWalletPop EditorTue, 18 Jun 2013 08:21:00 ESTHow Anyone Can Learn Anything in 20 Hourshttp://www.walletpop.ca/blog/2013/06/17/how-anyone-can-learn-anything-in-20-hours/http://www.walletpop.ca/blog/2013/06/17/how-anyone-can-learn-anything-in-20-hours/http://www.walletpop.ca/blog/2013/06/17/how-anyone-can-learn-anything-in-20-hours/#commentsFiled under: , ,

Josh KaufmanBy Erik Sherman
AOL Jobs

Better-paying jobs need better skills. Rather than plunking down thousands of dollars for, say, a degree in computer science, what if you could learn much of what you needed in 20 hours? What if you could stay ahead of the competition by learning every new gadget, software and technical skill in just 20 hours?
Author Josh Kaufman, right, says it is possible, and that he taught himself how to code -- as well as windsurf, play the ukulele and many other things -- in less than 20 hours each.

"A 14-year-old could learn to do this," says Kaufman, who chronicled his experiences in his best-seller, The First 20 Hours: How to Learn Anything ... Fast. "Once you get into it, it's really not as difficult as it seems."

Writer Malcolm Gladwell has famously said it takes 10,000 hours of practice to fully master a skill. But Kaufman cites research showing that most skill improvement happens early on when you go from incapable to "developing the capacity to perform." In his experience, that can happen in 20 hours.

Continue reading How Anyone Can Learn Anything in 20 Hours

How Anyone Can Learn Anything in 20 Hours originally appeared on Walletpop Canada on Mon, 17 Jun 2013 10:52:00 EST. Please see our terms for use of feeds.

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]]>employmentjoshua kaufmanJoshuaKaufmanlearningnew economyNewEconomyretoolingretrainingskill setskillsSkillSetteach yourselfTeachYourselfWalletPop EditorMon, 17 Jun 2013 10:52:00 ESTFilthy Lucre! Just the Thought of Money Makes Us Unethical, Says Studyhttp://www.walletpop.ca/blog/2013/06/17/filthy-lucre-just-the-thought-of-money-makes-us-unethical-says/http://www.walletpop.ca/blog/2013/06/17/filthy-lucre-just-the-thought-of-money-makes-us-unethical-says/http://www.walletpop.ca/blog/2013/06/17/filthy-lucre-just-the-thought-of-money-makes-us-unethical-says/#commentsFiled under: ,

Just the thought of money makes us unethical, study says
By Eamon Murphy
Daily Finance

The money (left) and control/neutral (right) pictures used to "prime" participants in one study of how money influences moral outcomes. The mere thought of money can trigger a subconscious mindset that predisposes people towards unethical actions, according to recent research by professors at Harvard and the University of Utah.

Earlier work suggested that subtle exposure to money can influence behavior and decisions in self-centered ways, making people in studies more likely to choose an individual activity over a group one, for instance. This new research set out to to determine how such exposure might impact "morally relevant outcomes," in light of money's enormous importance to society in general and business organizations in particular.

Continue reading Filthy Lucre! Just the Thought of Money Makes Us Unethical, Says Study

Filthy Lucre! Just the Thought of Money Makes Us Unethical, Says Study originally appeared on Walletpop Canada on Mon, 17 Jun 2013 09:54:00 EST. Please see our terms for use of feeds.

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]]>WalletPop EditorMon, 17 Jun 2013 09:54:00 ESTWhich Factory Made That Shirt? Even the Retailers Don't Knowhttp://www.walletpop.ca/blog/2013/06/17/which-factory-made-that-shirt-even-the-retailers-dont-know/http://www.walletpop.ca/blog/2013/06/17/which-factory-made-that-shirt-even-the-retailers-dont-know/http://www.walletpop.ca/blog/2013/06/17/which-factory-made-that-shirt-even-the-retailers-dont-know/#commentsFiled under: , ,

Walmart store
By Matt Brownell
Daily Finance

In April, a garment factory in Bangladesh collapsed, killing more than a thousand people. The factory had been making apparel for numerous American fashion brands and retailers.

In the wake of the tragedy, Walmart (WMT) -- which had previously sourced clothes from the factory -- touted its commitment to worker safety by releasing an extensive list of factories it had stopped doing business with out of safety concerns. But a ProPublica report released last week found that at least two of those factories were still making clothes sold in Walmart stores.

In one case, the company told ProPublica that it had simply accepted clothing shipments that had already been produced. The other factory was making clothes for Fruit of the Loom that were subsequently sold in Walmart stores, and the company says that there was confusion about which company's standards should apply.

Continue reading Which Factory Made That Shirt? Even the Retailers Don't Know

Which Factory Made That Shirt? Even the Retailers Don't Know originally appeared on Walletpop Canada on Mon, 17 Jun 2013 09:26:00 EST. Please see our terms for use of feeds.

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]]>bangladeshfactory fireFactoryFiregarment industryGarmentIndustrytextile industryWalmartWalletPop EditorMon, 17 Jun 2013 09:26:00 ESTGold and Oil: The Two Most Popular Investments Are Backhttp://www.walletpop.ca/blog/2013/06/14/gold-and-oil-the-two-most-popular-investments-are-back/http://www.walletpop.ca/blog/2013/06/14/gold-and-oil-the-two-most-popular-investments-are-back/http://www.walletpop.ca/blog/2013/06/14/gold-and-oil-the-two-most-popular-investments-are-back/#commentsFiled under:

By Chris Vermeulen
Minyanville.com

The two most popular investments a few years ago have been lying dormant and out of the spotlight. But a look at the price charts of both gold and oil suggest their time to shine may be returning.

Seasonal charts allow us to look at what the average price for an investment does during a specific time of year. The gold and oil seasonal charts below clearly show that we are entering a time in which price tends to drift higher.

Continue reading Gold and Oil: The Two Most Popular Investments Are Back

Gold and Oil: The Two Most Popular Investments Are Back originally appeared on Walletpop Canada on Fri, 14 Jun 2013 15:26:00 EST. Please see our terms for use of feeds.

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]]>goldgold pricesGoldPricesinvestingoil and gasOilAndGasWalletPop EditorFri, 14 Jun 2013 15:26:00 ESTWhere Americans Shop (and Eat) the Mosthttp://www.walletpop.ca/blog/2013/06/14/where-americans-shop-and-eat-the-most/http://www.walletpop.ca/blog/2013/06/14/where-americans-shop-and-eat-the-most/http://www.walletpop.ca/blog/2013/06/14/where-americans-shop-and-eat-the-most/#commentsFiled under: ,


Unbelievably, one in two Americans walk through the doors of some fast food outlets and shops each month. Wonder who the top retailers are? Find out which shops command the most loyalty in our slideshow of most popular shops in America:

SLIDESHOW: America's Most Popular Stores

10. Target9. Taco Bell8. CVS7. Walgreens6. Wendy's5. Starbucks4. Burger King3. Subway

Where Americans Shop (and Eat) the Most originally appeared on Walletpop Canada on Fri, 14 Jun 2013 13:31:00 EST. Please see our terms for use of feeds.

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]]>popular storesPopularStoresWalletPop EditorFri, 14 Jun 2013 13:31:00 ESTThe Case Against Credit Cards: Overspending and Obesityhttp://www.walletpop.ca/blog/2013/06/14/the-case-against-credit-cards-overspending-and-obesity/http://www.walletpop.ca/blog/2013/06/14/the-case-against-credit-cards-overspending-and-obesity/http://www.walletpop.ca/blog/2013/06/14/the-case-against-credit-cards-overspending-and-obesity/#commentsFiled under: , , ,


By Eamon Murphy
Daily Finance

I just bought a movie ticket online. It cost me $16, and the truth is that I really shouldn't have spent that money. I'm behind on rent, unsure of my checking account balance 36 hours ahead of payday, and still suffering from recent expenditures connected to my five-year college reunion. But I want to see the movie very badly, as infantile as that desire is, and the price of admission isn't going to get cheaper. The sooner I see it, I tell myself, the sooner I'll stop thinking about it. Then I can move on to other, less consumption-based concerns.

What enabled me to make that purchase was a credit card. I could have gone debit, but I'd rather not involve my checking account at this time of the month; I needed to be able to put off the reckoning of my overpriced ticket. (At least I didn't "upgrade" to 3D.) Which goes to show what Derek Thompson argues at the Atlantic: "Yes, Credit Cards Are Making You a Bad Person" -- "dumber, fatter, poorer," like some nightmarish Daft Punk song.

Continue reading The Case Against Credit Cards: Overspending and Obesity

The Case Against Credit Cards: Overspending and Obesity originally appeared on Walletpop Canada on Fri, 14 Jun 2013 10:38:00 EST. Please see our terms for use of feeds.

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]]>credit cardsCreditCardsWalletPop EditorFri, 14 Jun 2013 10:38:00 ESTNew Type Of Whistle-Blower: Young, Internet Savvy And Headed For Jailhttp://www.walletpop.ca/blog/2013/06/13/whistle-blowers-young-internet-savvy-and-headed-for-jail/http://www.walletpop.ca/blog/2013/06/13/whistle-blowers-young-internet-savvy-and-headed-for-jail/http://www.walletpop.ca/blog/2013/06/13/whistle-blowers-young-internet-savvy-and-headed-for-jail/#commentsFiled under: ,

virtual whistle-blowers, man in Guy Fawkes maskBy Claire Gordon
AOL Jobs

When NSA contractor Edward Snowden reportedly blew the whistle on two enormous government surveillance programs, he did it old-school, leaking documents to two esteemed reporters. But a recent report finds that more whistle-blowers are publishing the secrets themselves -- online (like the infamous hackers of Anonymous, pictured right). This leaves them vulnerable to employer-retaliation as the laws lag behind the new realities of cyberspace.

Miriam Cherry, a professor at Saint Louis University School of Law and author of the report, calls them "virtual whistle-blowers." Unlike past generations, they're blogging, dropping surreptitious videos onto YouTube or leaking documents to online groups such as WikiLeaks, as Bradley Manning allegedly did. Cherry points to a growing army of "whistle-bloggers," employees who blog -- usually anonymously -- about illegal activities at their places of work. No state so far, she notes, has whistle-blower laws on the books to explicitly protect bloggers -- let alone the people who post YouTube videos or leak to Wikileaks.

SLIDESHOW: Famous Whistleblowers: Where Are They Now?

Mark Felt, Federal Bureau of InvestigationDaniel Ellsberg, U.S. Department of DefenseCynthia Cooper, WorldComJeffrey Wigand, Brown & WilliamsonMordechai Vanunu, Israeli GovernmentHarry Markopolos, Independent Fraud InvestigatorThomas Drake, National Security AgencySherron Watkins, Enron

Continue reading New Type Of Whistle-Blower: Young, Internet Savvy And Headed For Jail

New Type Of Whistle-Blower: Young, Internet Savvy And Headed For Jail originally appeared on Walletpop Canada on Thu, 13 Jun 2013 11:14:00 EST. Please see our terms for use of feeds.

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]]>career adviceCareerAdviceedward snowdenEdwardSnowdenjob adviceJobAdvicewhistleblowerswikileaksWalletPop EditorThu, 13 Jun 2013 11:14:00 ESTRare Superman Comic Sells for $175,000http://www.walletpop.ca/blog/2013/06/13/rare-superman-comic-sells-for-175-000/http://www.walletpop.ca/blog/2013/06/13/rare-superman-comic-sells-for-175-000/http://www.walletpop.ca/blog/2013/06/13/rare-superman-comic-sells-for-175-000/#commentsFiled under: , ,

Action ComicsDaily Finance

On the eve of the latest Superman movie, "Man of Steel," comes news that a comic book featuring the superhero's first-ever appearance just sold on comic book marketplace ComicConnect.com for $175,000 -- and that's considered a bargain for the comic book in question.

Two years ago, another copy of the 1938 Action Comics No. 1 sold for more than $2 million. This one, found by a Minnesota man in the wall of a house he was rebuilding, started off in less than mint condition and suffered further damage when the back cover was ripped off in an argument shortly after its discovery.

The renewed focus on Superman in the run-up to his movie reboot surely played a role in driving up the bidding price, as did the media attention surrounding its unusual provenance. But of course, what really made it so valuable is its utter rarity, with less than a hundred original copies estimated to still exist. So it's unlikely that you'll be finding a copy in your grandma's attic or hidden in a wall (or, for that matter, in a cornfield in Kansas).

Continue reading Rare Superman Comic Sells for $175,000

Rare Superman Comic Sells for $175,000 originally appeared on Walletpop Canada on Thu, 13 Jun 2013 10:56:00 EST. Please see our terms for use of feeds.

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]]>comic booksComicBooksWalletPop EditorThu, 13 Jun 2013 10:56:00 ESTHow I Hit 'Restart' After Age 50 And Launched A $120 Million Businesshttp://www.walletpop.ca/blog/2013/06/13/how-i-hit-restart-after-age-50-and-launched-a-120-million-bus/http://www.walletpop.ca/blog/2013/06/13/how-i-hit-restart-after-age-50-and-launched-a-120-million-bus/http://www.walletpop.ca/blog/2013/06/13/how-i-hit-restart-after-age-50-and-launched-a-120-million-bus/#commentsFiled under: ,

You may not know me, but you might be familiar with my jeans. Not to brag, but they're the top-selling item on the Home Shopping Network, and I created them specifically for women over 40.

To some people, the most fascinating aspect of my story is my dramatic success as a fashion designer. But personally, I'm most proud of the fact that today, in my 60s and after a lifetime of struggles, I am finally attaining everything I ever dreamed of -- professionally, personally and even romantically. To call my early life traumatic is a huge understatement. I grew up with a violent, abusive father and a cold, unprotecting mother. But I overcame my demons and have made it my mission to help others follow their dreams. That's what inspired me to write my first book, "Good Jeans: 10 Simple Truths About Feeling Great, Staying Sexy and Aging Agelessly" -- the desire to teach people how they can not only reinvent themselves, but maximize their fulfillment and happiness at any age.

Continue reading How I Hit 'Restart' After Age 50 And Launched A $120 Million Business

How I Hit 'Restart' After Age 50 And Launched A $120 Million Business originally appeared on Walletpop Canada on Thu, 13 Jun 2013 08:13:00 EST. Please see our terms for use of feeds.

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]]>diane gilmanDianeGilmanentrepreneurlife after 50LifeAfter50WalletPop EditorThu, 13 Jun 2013 08:13:00 EST11 Things That Seem Like Scams But Are Actually Greathttp://www.walletpop.ca/blog/2013/06/12/11-things-that-seem-like-scams-but-are-actually-great/http://www.walletpop.ca/blog/2013/06/12/11-things-that-seem-like-scams-but-are-actually-great/http://www.walletpop.ca/blog/2013/06/12/11-things-that-seem-like-scams-but-are-actually-great/#commentsFiled under: , ,

Oxi Clean
People are always on the lookout for scams. You kind of have to be, these days.

While a website may assure you you're that millionth visitor, you probably don't want to risk it for an iPod. Believe it or not, "male performance enhancements" are probably just playing into people's own self-doubts. And most infomercial products won't revolutionize your life.

The issue with this, of course, is that sometimes awesome products that actually work get written off because people's spam filters just think of them as a scam. These days, how exactly do you sell something that really is "too good to be true?"

Luckily, Reddit recently had a thread where people mentioned things that seem like scams but are actually legitimate.

Here are the 11 most interesting of them:

SLIDESHOW: 11 Things You Thought Were Scams, But Aren't

1. Oxi Clean2. RainX3. Melamine foam cleaning products4. The Magic Bullet5. The Furminator6. The Thundershirt7. Linux8. JunkMyCar.Com

11 Things That Seem Like Scams But Are Actually Great originally appeared on Walletpop Canada on Wed, 12 Jun 2013 10:39:00 EST. Please see our terms for use of feeds.

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]]>productsvalueWalletPop EditorWed, 12 Jun 2013 10:39:00 ESTKnow Where to Run to: The 5 Best Countries With No Extraditionhttp://www.walletpop.ca/blog/2013/06/12/know-where-to-run-to-the-5-best-countries-with-no-extradition/http://www.walletpop.ca/blog/2013/06/12/know-where-to-run-to-the-5-best-countries-with-no-extradition/http://www.walletpop.ca/blog/2013/06/12/know-where-to-run-to-the-5-best-countries-with-no-extradition/#commentsFiled under: , ,

leaker/whistleblower Edward Snowden
By Bruce Watson
Daily Finance

Former CIA employee and NSA contractor Edward Snowden is currently hiding out in Hong Kong. The ever-expanding National Security Agency PRISM scandal has raised a host of philosophical questions about government, freedom and privacy. But one question has been on many people's minds that has less to do with big ideas and more to do with practical ones: How did self-confessed leaker/whistleblower Edward Snowden think he was going to escape prosecution by Uncle Sam after he revealed details of the secret government surveillance program?

The answer, apparently, was by fleeing to a country with no extradition treaty with the United States: The former CIA employee and NSA contractor is currently hiding out in Hong Kong. But the ex-intelligence man would have been smart to do a little more research before going on the lam: Hong Kong may not be quite the sanctuary he'd hoped for.

In some ways, Hong Kong is a great place to hide out. While technically, it has an extradition agreement with the U.S., the treaty was signed in 1996, a year before Great Britain transferred control of Hong Kong to China. Since the U.S. doesn't have an extradition agreement with China, it's possible that Snowden may be able to stay there. Certainly, it's a better bet than his original destination, Iceland, a country that has an unambiguous extradition pact with the U.S.

In the grand scheme of things, however, Snowden would have been better served heading to a country with a more clear-cut non-extradition policy. Unfortunately, most countries that refuse to cooperate with the U.S. government are Communist dictatorships, theocracies, failed states, or are otherwise less than ideal. But there are a few hidden gems among them.

In 2010, during the heyday of the post-financial crash Wall Street witch hunt, I compiled a list of the most attractive places to flee to if you happened to be, for example, a Goldman Sachs employee with a few bags of money and a desire to avoid subpoenas or possible criminal charges. Three years later, the list is still worth a peek, especially if you happen to be a U.S. government whistleblower who doesn't want to spend the rest of his days in Fort Leavenworth.

Here are the highlights:

SLIDESHOW: In Trouble? Where to Head to Escape Extradition

Croatia: For the OutdoorsmanDubai: For the International PlayboyWestern Sahara: For the Would-Be Bond VillainBhutan: For the Spiritual HermitKazakhstan: For the 'Star Trek' Enthusiast

Know Where to Run to: The 5 Best Countries With No Extradition originally appeared on Walletpop Canada on Wed, 12 Jun 2013 09:57:00 EST. Please see our terms for use of feeds.

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]]>avoiding prosecutionAvoidingProsecutionedward snowdenEdwardSnowdenextraditionflightNSA spyingNsaSpyingon the lamOnTheLamWalletPop EditorWed, 12 Jun 2013 09:57:00 ESTThe Shocking Truth About Wall Street Stock Recommendationshttp://www.walletpop.ca/blog/2013/06/12/the-shocking-truth-about-wall-street-stock-recommendations/http://www.walletpop.ca/blog/2013/06/12/the-shocking-truth-about-wall-street-stock-recommendations/http://www.walletpop.ca/blog/2013/06/12/the-shocking-truth-about-wall-street-stock-recommendations/#commentsFiled under: ,

It is difficult to get a man to understand something, when his salary depends on his not understanding it.
-- Upton Sinclair

When Apple announced its second-quarter earnings on April 23, a flurry of news reports cited Wall Street analyst forecasts to help explain the company's results. This is how the bottom lines of companies and stocks are ordinarily explained to the public.

An analyst from Goldman Sachs (NYSE: GS ) noted that the March quarter was better than expected, but the June quarter guidance was "far worse than feared." He ultimately lowered his price target to $500 from $575, while maintaining a "buy" recommendation on the stock.

An analyst from JPMorgan (NYSE: JPM ) also lowered his target price, in this case to $480 from $575, and advised he expected "AAPL to remain range-bound" until there was more visibility into new product launches. More bullishly, the analyst from Piper Jaffray felt Apple might trade higher in late 2013, and maintained his $688 price target and "overweight" rating.

Analyst opinions such as these routinely drive coverage of the stock market. But a new study, "Inside the 'Black Box' of Sell-Side Financial Analysts," by professors Lawrence Brown (Temple University), Andrew Call (Arizona State University), Michael Clement (University of Texas), and Nathan Sharp (Texas A&M), suggests that ordinary investors should look elsewhere for insights into their favorite companies.

Continue reading The Shocking Truth About Wall Street Stock Recommendations

The Shocking Truth About Wall Street Stock Recommendations originally appeared on Walletpop Canada on Wed, 12 Jun 2013 09:46:00 EST. Please see our terms for use of feeds.

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]]>advisorscaveat emptorCaveatEmptorinvestingInvesting adviceInvestingAdviceinvestment advisersInvestmentAdvisersretail investorRetailInvestorstock marketStockMarketWalletPop EditorWed, 12 Jun 2013 09:46:00 ESTFrom War Refugee to Millionaire CEO: The Fearless Path of Helga Arminakhttp://www.walletpop.ca/blog/2013/06/11/from-war-refugee-to-millionaire-ceo-the-fearless-path-of-helga-arminak/http://www.walletpop.ca/blog/2013/06/11/from-war-refugee-to-millionaire-ceo-the-fearless-path-of-helga-arminak/http://www.walletpop.ca/blog/2013/06/11/from-war-refugee-to-millionaire-ceo-the-fearless-path-of-helga-arminak/#commentsFiled under: ,

refugee CEO Helga Arminak
By Helga Arminak, as told to Michele Lerner

I was born into a war in Beirut, and I grew up in a war.

Every day there were bombs and gunshots, people being dragged in the streets off the back of cars, and just terrible sights. Sometimes we went to school and sometimes we didn't. Sometimes we went for weeks without any water or electricity.

Continue reading From War Refugee to Millionaire CEO: The Fearless Path of Helga Arminak

From War Refugee to Millionaire CEO: The Fearless Path of Helga Arminak originally appeared on Walletpop Canada on Tue, 11 Jun 2013 13:19:00 EST. Please see our terms for use of feeds.

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]]>entrepreneurHelga ArminakHelgaArminakrefugeesWalletPop EditorTue, 11 Jun 2013 13:19:00 ESTPrince Alwaleed, Testy Saudi Billionaire, Owns a Lot of Things: Here Are Some Of Themhttp://www.walletpop.ca/blog/2013/06/11/prince-alwaleed-testy-saudi-billionaire-owns-a-lot-of-things/http://www.walletpop.ca/blog/2013/06/11/prince-alwaleed-testy-saudi-billionaire-owns-a-lot-of-things/http://www.walletpop.ca/blog/2013/06/11/prince-alwaleed-testy-saudi-billionaire-owns-a-lot-of-things/#commentsFiled under: ,

Prince Alwaleed reading at the desert camp in Riyadh.KSA ,Wednesday, April 28, 2010. WASEEM OBAIDI
By Lisa Mahapatra
Daily Finance

Saudi Arabian Prince Alwaleed bin Talal is well known for his extreme wealth and his fun hobbies, like throwing dwarves. But he takes the former very seriously. So much so that he's suing Forbes for libel after the magazine reported his worth at $20 billion, ranking him 29th on its annual list of the world's billionaires. Alwaleed says he's worth at least $9.6 billion more.

He has filed a defamation claim against Forbes in a high court in London, according to the Guardian.

Meanwhile, he can content himself with his toys. Journalist William Cohan interviewed the prince for a feature-length profile for Vanity Fair and wrote about some of the things Alwaleed owns. Here's a sampling:

Continue reading Prince Alwaleed, Testy Saudi Billionaire, Owns a Lot of Things: Here Are Some Of Them

Prince Alwaleed, Testy Saudi Billionaire, Owns a Lot of Things: Here Are Some Of Them originally appeared on Walletpop Canada on Tue, 11 Jun 2013 13:13:00 EST. Please see our terms for use of feeds.

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]]>outrageous celebsOutrageousCelebsrich and famousRichAndFamoussaudi princeSaudi Prince Alwaleed Bin Talal Bin Abdulaziz AlsaudSaudiPrinceSaudiPrinceAlwaleedBinTalalBinAbdulazizAlsaudWalletPop EditorTue, 11 Jun 2013 13:13:00 EST6 Costly Retirement-Saving Setbacks - and How to Overcome Themhttp://www.walletpop.ca/blog/2013/06/11/6-costly-retirement-saving-setbacks-and-how-to-overcome-them/http://www.walletpop.ca/blog/2013/06/11/6-costly-retirement-saving-setbacks-and-how-to-overcome-them/http://www.walletpop.ca/blog/2013/06/11/6-costly-retirement-saving-setbacks-and-how-to-overcome-them/#commentsFiled under: , , ,

Retirement roadblocks
Scenario 1: Your path to retirement is wide, gently sloped, paved with good intentions and free of potholes-including market declines, job loss and health problems.

Scenario 2: Your path to retirement is steep, littered with obstacles and fraught with perils, including procrastination and the temptation to raid your accounts to finance other pressing priorities.

Unfortunately, Scenario 2 is more likely. In a new survey by Ameriprise Financial of people ages 50 to 70, virtually all of the respondents said they had experienced at least one retirement derailer, and more than half said that it had seriously affected their retirement savings. The average amount lost or forgone: $117,000. A poll of Kiplinger's readers showed similar results.

You can't stop life from knocking you off your feet, but you can plan for the unexpected and move forward after the inevitable hard knocks.

SLIDESHOW: 6 Costly Retirement Mistakes & How to Fix Them

Saving Too LittleStarting Too LateShying Away From StocksPutting College FirstLosing a JobLosing a Spouse

6 Costly Retirement-Saving Setbacks - and How to Overcome Them originally appeared on Walletpop Canada on Tue, 11 Jun 2013 12:47:00 EST. Please see our terms for use of feeds.

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]]>retirement mistakesretirement planningRetirementMistakesRetirementPlanningWalletPop EditorTue, 11 Jun 2013 12:47:00 ESTNow Employees Are Posting Stupid Stuff On Instagramhttp://www.walletpop.ca/blog/2013/06/11/now-employees-are-posting-stupid-stuff-on-instagram/http://www.walletpop.ca/blog/2013/06/11/now-employees-are-posting-stupid-stuff-on-instagram/http://www.walletpop.ca/blog/2013/06/11/now-employees-are-posting-stupid-stuff-on-instagram/#commentsFiled under: , ,

Aaron KwanBy Erik Sherman
AOL Jobs

Getting fired for posts on Facebook or Twitter has become so common that it almost seems old hat. But human ingenuity -- or foolishness -- and evolving social media technologies guarantee that people will find new ways to post their way out of a job. Look at what some are doing on Instagram.

A quick Web search shows people who post personally identifiable information, show or say where they work, and use the tag #worksucks, #calledinsick or, even better #hatemyboss. Many didn't respond to AOL Jobs' request for comments, so it's not clear if their managers have seen these posts yet.

But two employees at a Thai-Japanese restaurant in Delaware lost their jobs after they posted "photos, credit card receipts, vulgar remarks and racial slurs" on Instagram about low-tipping customers. During a four-month period, the manager of Padi allegedly posted a running string of stupid comments and images, using the hashtag #cheap #jew: Here is one example:

About three weeks ago,... a photo of a bill for $53.80 from a customer with an Indian surname was posted on the fumanchu85 Instagram account. The bill shows that customer tipped $5.20, or less than 10 percent. Fumanchu85 wrote: "What do you expect from a last name like that?" Then fumanchu85 wrote a derogatory term followed by #cheap #jew.

A sushi chef at the restaurant, who seemed to defend the manager in comments on a local newspaper's website, was also fired.

Continue reading Now Employees Are Posting Stupid Stuff On Instagram

Now Employees Are Posting Stupid Stuff On Instagram originally appeared on Walletpop Canada on Tue, 11 Jun 2013 10:33:00 EST. Please see our terms for use of feeds.

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]]>bad serviceBadServicegetting firedGettingFiredinstagramsocial mediaSocialMediatippingWalletPop EditorTue, 11 Jun 2013 10:33:00 EST