Protected Cell Companies And Protected Cells ...Mondaq: 0 views since Monday, October 13, 2008 at 10:21 AMUnder the Companies Law, a PCC is a single legal person with a single board of directors comprising a core of non-cellular assets and one or more distinct cells holding assets independently of each other and the non-cellular core.
2 Duluth city officials under investigation ...Minneapolis-St. Paul Star Tribune: 1 views since Saturday, October 11, 2008 at 10:21 PMDULUTH - The city of Duluth has placed two city finance officials on paid administrative leave as part of an unspecified investigation. City spokesman Jeff Pappas confirmed Friday that city finance director Genie Stark and payroll manager Jackie Morris are being investigated.
Overseeing Finance's New Era ...Washington Post: 1 views since Saturday, October 11, 2008 at 09:16 PMMassive consolidation in financial markets has been underway for some time. Virtually every credit crisis since World War II has spawned further concentration, often followed by new policies that supported deregulation. At the start of this year, before the current crisis was in full swing, the 15 largest U.S. financial institutions had combined assets of $14 trillion, which accounted for more ...
Update3) ...G-7 Commit to `All Necessary Steps' to Stem Meltdown Bloomberg: 1 views since Saturday, October 11, 2008 at 09:15 PMOct. 11 (Bloomberg) -- Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the collapse of major banks while failing to unveil new initiatives for thawing credit markets.
2 Duluth finance officials put on paid suspension ...Minneapolis-St. Paul Star Tribune: 1 views since Saturday, October 11, 2008 at 07:21 PMDULUTH, Minn. - The city of Duluth has placed two city finance officials on paid administrative leave as part of an unspecified investigation. City spokesman Jeff Pappas confirms that city finance director Genie Stark and payroll manager Jackie Morris are being investigated.
Statement Prepared for the International Monetary and Financial Committee of...Department of Finance Canada: 1 views since Saturday, October 11, 2008 at 12:07 PMOn behalf of Canada, Ireland, and the Caribbean countries I represent, I would like to take the opportunity to welcome the new Chairman of the International Monetary and Financial Committee (IMFC). Dr. Boutros-Ghali brings with him extensive experience that will greatly enhance the work of our Committee.
ALL BUSINESS: Lehman shows few are too big to fail ...El Paso Times: 1 views since Saturday, October 11, 2008 at 11:51 AMNEW YORK?It's hard to talk about good news when a major investment bank files for bankruptcy and financial markets reel. This feels like the worst of times.
Thinking and acting like Warren Buffett ...International Herald Tribune: 1 views since Saturday, October 11, 2008 at 10:11 AMMost of us have no chance of being a billionaire, but we can feel like one and nudge our net worth higher by doing as he does with his money.
New sharia-compliant investment house to target India, China ...New Kerala: 1 views since Saturday, October 11, 2008 at 09:42 AMDubai, Oct 11: A new Islamic finance or sharia-compliant investment company targeting the markets of India, China and the Middle East and North Africa (MENA) region has been launched in the United Arab Emirates (UAE).
Update1) ...G-7 Commit to `All Necessary Steps' to Stem Meltdown Bloomberg: 1 views since Saturday, October 11, 2008 at 09:02 AMOct. 11 (Bloomberg) -- Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failing to unveil new initiatives for thawing credit markets.
Global finance chiefs meet to address issues ...The Lafayette Daily Advertiser: 1 views since Saturday, October 11, 2008 at 03:56 AMStock markets jolted still lower in the U.S. and around the world Friday despite all efforts to slow the selling stampede, and the globe's industrial powers urgently debated forceful new steps in Washington to prevent a worldwide economic catastrophe.
U.S. firms up plan to buy into banks to stem crisis ...Reuters via Yahoo! News: 1 views since Saturday, October 11, 2008 at 03:31 AMThe U.S. government pushed on Saturday to finish a plan to buy direct stakes in American banks as finance ministers from around the world struggled to find ways to stop the deepening financial crisis and shore up markets.
Shariah-compliant investment company Amara launches today with first investment...AME Info: 1 views since Saturday, October 11, 2008 at 03:12 AMNewhaven Investments House announces today the launch of Amara Holdings Inc ('Amara' or 'the Company'), a Shariah-compliant investment company which focuses on pre-IPO, private equity and private placement opportunities predominantly in China, as well as MENA and India.
Finance 101: Fewer banks, higher prices? ...The Charlotte Observer: 1 views since Saturday, October 11, 2008 at 12:06 AMWells Fargo's impending purchase of Wachovia is the latest proof that the country's roster of major banks is shrinking. And consumer advocates worry that fewer competitors will translate into higher prices for consumers. In the last few weeks, banks that were already giants have gotten even bigger. Charlotte's Bank of America signaled its intention to buy investment firm Merrill Lynch. New ...