WASHINGTON — Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of federally insured banks to fail this year.
The Federal Deposit Insurance Corp. was appointed …
Posts Tagged ‘fund’
IMF Predicts End Of Global Recession…Which May Bode Well For Recession
July 16th, 2009 |
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The International Monetary Fund has made the cautiously optimistic prediction that the global recession is coming to an end. Given the organization’s history of poor predictions, that just might mean the world should prepare for even worse tim…
Art Levine: Stella D’Oro Workers Fight Equity Fund’s Plant Shutdown, Attack on Middle-Class Jobs
July 16th, 2009 |
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A Bronx union local is fighting the private equity fund Byrnwood Partner’s decision announced last week to close the Stella D’Oro plant rather than…
Head of $25 Billion Templeton Fund: Derivatives Will Cause Another Crisis
July 15th, 2009 |
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I have repeatedly warned that credit default swaps are not meaningfully being reigned in, and that the failure to do so will cause future problems.Mark Mobius – executive chairman of the $25 billion dollar Templeton asset management fund – agrees:A new…
AP source: NY AG may press for Rattner settlement
July 15th, 2009 |
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NEW YORK — The state attorney general may press for a legal settlement with Steven Rattner, until recently a key Obama administration adviser on the auto industry, over possible civil charges in a pay-to-play investigation, The Associate…
Miguel Martinez, City Councilman, Resigns In Slush Fund Scandal
July 14th, 2009 |
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City Councilman Miguel Martinez resigned Monday as prosecutors revealed he’s agreed to plead to federal charges after an extensive probe of a nonprofit group to which he steered more than $500,000.
Logan Campbell Opens Brothel To Fund Olympic Dream
July 14th, 2009 |
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WELLINGTON, New Zealand (AP) – A New Zealand taekwondo athlete has opened a brothel to help fund his bid to compete at the 2012 London Olympics, local media reported Sunday.
Logan Campbell, 23, told the Sunday Star-Times newspaper he hoped hi…