Germany frets for economic model after tax scandal
Forbes - Finance Minister Peer Steinbrueck told reporters Zumwinkel had admitted evading taxes. Zumwinkel himself wasn’t available for comment. Robert Zollitsch, the new chair of Germany’s Catholic bishops’ conference, said anyone suspected of evading
Ferris offers victims millions
Baltimore Sun - Dadante pleaded guilty last year to using proceeds from the fund to finance a luxury home and gambling junkets to Las Vegas. He also admitted to using accounts at Ferris and other firms to artificially inflate the stock of Georgia-based Innotrac Corp
How to profit from the banks’ pain
Times Online - In early 2001, when interest rates were at 5.25%, Intelligent Finance led the field with its nonotice account paying 5.50%. Now, West Bromwich pays 6.55%, while Anglo Irish offers the next ideal available at 6.30%. Rachel Thrussell at Moneyfacts, a
Obama wears Iraqi soldier’s bracelet
Miami Herald - Personal Finance Barack Obama is wearing a wristband in memory of a soldier killed in Iraq, given to him by a mom who stated she wants
No. 24 Vanderbilt beats Florida
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home Vanderbilt guard Alex Gordon (3) makes the final point of the game against Florida on a free throw with 13.8 seconds left
Northern Rock: prepare for another Alistair Darling cockup
Times On the internet - It is well financed, has a solid chairman in Sir Brian Pitman and Virgin has promised a top-drawer finance director, whose name has yet to be revealed. But shareholders don’t like the dilution or the terms of the deal. Some of them have already
Phillip Bennett, boss of collapsed futures trader Refco, admits $2.4bn
Times On the internet - Two colleagues, former Refco finance chief Robert Trosten and former president Tone Grant, will go on trial on March 17. The government claims that Bennett, Grant and Trosten moved losses and certain expenses off Refco’s books to Refco Group
Editorial: Bioscience campus should win support
Minneapolis Star Tribune - It’s the same arrangement used to finance the new stadium. But it’s a change from previous versions of the biosciences campus proposal, and it’s crucial to winning over previously skeptical Home members. With this change, the biosciences buildings
Mortgages for the bonus kings
Times Online - Eventually, his broker, Savills Private Finance, found a deal with Intelligent Finance. Bruun, 40, said: ‘Because I’m self-employed, my income varies, and this can make things more complicated. ‘I’ve really noticed a change in the past six
In Kosovo, it’s ‘Independence Eve’
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home Ethnic Albanians walk on a bridge lined with Albanian flags, outside the village of Kacanik, in the south of the province
Bush Pledges to Help Resolve Turmoil in Africa Trouble Spots
FOX News - The 2006 elections were nearly derailed when the government ran out of funds to finance its election machinery. Voters stepped in, raising cash, lending computers and using motorcycle headlights to illuminate ballot-counting centers. Thomas Boni Yayi
Citigroup bails out CSO hedge fund following bond sale dispute
Times Online - Citigroup has been forced to bail out one of its best-known hedge funds with a $100 million (£51 million) capital Also in Banking & Finance
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