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UBS client wins appeal against U.S. data handover

ZURICH/WASHINGTON (Reuters) – A client of Swiss bank UBS won an appeal to prevent her account data from being given to the United States as part of a U.S. probe into possible tax evasion among wealthy bank customers Originally posted here: UBS client wins appeal against U.S. data handover

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Will Private Equity Be the Next Financial Meltdown?

Private-equity firms, such as Blackstone, KKR and Carlyle, have bought thousands of companies over the past decade using mostly debt. In a new book, author Josh Kosman argues that these leveraged acquisitions will produce the next financial meltdown Originally posted here: Will Private Equity Be the Next Financial Meltdown?

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Ex-BofA Exec Says Had No Role in Merrill Bonuses

Ex-general counsel of Bank of America says he had no role in controversial Merrill bonuses Bank of America – Business – Merrill Lynch – Financial services – Banking Services Originally posted here: Ex-BofA Exec Says Had No Role in Merrill Bonuses

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Chinese Premier Pledges Funds, Aid to Africa

Chinese premier pledged $10 billion in loans, debt forgiveness to African nations Originally posted here: Chinese Premier Pledges Funds, Aid to Africa

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US Stock Futures Rise Ahead of Manufacturing Data

Stock futures up as market awaits manufacturing data, earnings; CIT bankruptcy taken in stride Originally posted here: US Stock Futures Rise Ahead of Manufacturing Data

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Dollar Decline Continues: New 14-Month Low Vs Euro

Dollar hits 14-month low as Chinese bank researcher urges reserve diversification Originally posted here: Dollar Decline Continues: New 14-Month Low Vs Euro

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Gov. Paterson proposes $5B in spending cuts – Newsday

New York Daily News Gov. Paterson proposes $5B in spending cuts Newsday October 15, 2009 By AP Photo credit: Newsday/John Paraskevas | Gov Originally posted here: Gov. Paterson proposes $5B in spending cuts – Newsday

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European, US Stocks Ease After Mixed Bank Earnings

European, US stocks fall moderately after Citigroup, Goldman Sachs earns Originally posted here: European, US Stocks Ease After Mixed Bank Earnings

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Magna says it won’t consider bid to move Preakness

ANNAPOLIS, Md. – (AP) Magna Entertainment Corp. says in bankruptcy court filings it won’t consider auction bids that would move the Preakness Stakes horse race from Maryland, a decision cheered Tuesday by Gov. Martin O’Malley. The Ontario, Canada-based company submitted auction plans Originally posted here: Magna says it won’t consider bid to …

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The Barnes Collection is moving. Does its new Philadelphia home measure up?

Were Albert C. Barnes alive, the plan to move his art collection from its home in suburban Merion, Pa., to downtown Philadelphia would have made him erupt in one of his famous rages Originally posted here: The Barnes Collection is moving. Does its new Philadelphia home measure up?

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