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Money News
Questions Raised Over Use Of Bailout Money Save Email Print - KWTX (January 9, 2009)--The head of a congressional panel overseeing the $700 billion bailout program says she is "shocked" that officials trying to follow where the money has gone still have many unanswered questions. Harvard University law professor ...
Where Ezra Merkin Lost His Way - Wall Street Journal Last fall, the celebrated money manager J. Ezra Merkin told a room full of value investors that he was "in the business of buying broken promises." Now, some clients are accusing him of selling broken promises. Mr. Merkin, who runs Gabriel Capital ...
Report: NASA inspector general not catching enough - Tri-City Herald WASHINGTON Congressional auditors say that NASA's in-house financial watchdog is doing little to unearth waste and abuse at the space agency. The Government Accountability Office compared NASA's inspector general to 27 other federal agencies and ...
Pallagi gets prison for stealing $1.5M from Steris - St. Louis Business Journal A former project manager at Steris in St. Louis was sentenced Friday to 46 months in prison for setting up false companies to falsely bill his employer for more than $1.5 million of work that was never performed, U.S. Attorney Catherine Hanaway said ...
SC gov releases spending cut plans - Times and Democrat COLUMBIA, S.C. - South Carolina Gov. Mark Sanford wants a two-day furlough for state workers, higher health insurance premiums for retirees and nearly $40 million in education spending cuts. Those are some of the details unveiled Friday by the ...
Jennings’ hiring of lawyer thickens plot - Vindicator SCHIAVONI IN THE SPOTLIGHT: The North Mahoning County Democrats Club will meet at 7 p.m. Jan. 19 at the L’uva Bella Winery on U.S. Route 22 near Lowellville Road in Poland Township. The meeting is open to the public. Call Jim Iudiciani Sr. at (330 ...
Govt clears Rs 25,000-cr support to NBFCs - Business Standard Home Minister P Chidambaram told reporters that the Reserve Bank of India would provide the facility to the IDBI arm, which in turn would lend money to the cash-strapped NBFCs. The liquidity facility would be worth Rs 20,000 crore-25,000 crore and ...
Business Highlights - Biloxi Sun Herald NEW YORK (AP) - Citigroup said Friday that board member Robert Rubin, the former U.S. Treasury secretary, has resigned as a senior adviser to the big financial services company. Rubin, 70, will continue to serve as a director until his term expires ...
Rock exec pockets £900k ... then quits - The Sun Ann Godbehere was parachuted in by the Government 11 months ago when it nationalised the stricken bank. It was announced yesterday she will leave as chief financial officer next month, to pursue other interests. Ms Godbehere’s £75,000-a-month ...
RV show offers rock bottom prices - 22 WSBT Story Updated: Jan 9, 2009 at 4:47 PM EST SOUTH BEND — As the 33rd annual Valley RV and Camping Show gets under way at the Century Center this weekend, dealers say they are feeling better about 2009. "We're optimistic because we have to be, I mean ...
