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Seven banks fail, pushing 2009 tally to 52 | Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008. ...
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| . : Source: CNN money |
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S&P 500 Weekly Wrap-Up | | Unemployment blues start the second half on a low note....
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| . : Source: Forbes finance |
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Medici lawyer says Kohn didn't get Madoff payments | NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
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| . : Source: Reuters business |
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Rogue trades cost oil broker $10m | | A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades....
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| . : Source: BBC business |
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Jobless consumers will hold back recovery | Many forecasters now expect the U.S. economy to begin growing later this year. But it probably won’t feel like a recovery for most people. By John W. Schoen.
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| . : Source: MSNBC business |
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