George Soros, the man who broke the Bank, sees a global meltdown Posted on April 1st
George Soros was 13 when the Nazis invaded his homeland of Hungary. As a Jew, he was forced to adopt a false identity and live separately from his parents in Budapest. Instead of being traumatised by the experience, though, he found the danger exhilarating. “It was high adventure,” he says, “like living through Raiders of the Lost Ark.” Read more Tagged as Business News Review | No Comments » | Continue
Darling backs down over 5% business rate rise
Alistair Darling bowed to pressure last night and cut the planned 5 per cent rise in business rates that was ... Continue
March 31st / 0 comments
Wall Street gains as banks, tech climb
NEW YORK (Reuters) - Stocks rose on Tuesday despite gloomy economic data, with March on track for its best month ... Continue
March 31st / 0 comments
Obama gives car firms deadlines
Soon after ordering the resignation of GM chief Rick Wagoner, Mr Obama said bankruptcy protection could speed up the restructuring ... Continue
March 30th / 0 comments
Obama seeks strong message of unity at G20: report (Reuters)
WASHINGTON (Reuters) – President Barack Obama said in an interview published on Sunday that leaders of the G20 major global ... Continue
March 29th / 0 comments
Geithner says U.S. ready to aid auto restructuring (Reuters)
WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner said on Sunday that the government was ready to help struggling Detroit ... Continue
March 29th / 0 comments
As Oversight Plan Is Unveiled, Turf Battle Begins to Unfold
Even as Treasury Secretary Timothy F. Geithner yesterday was presenting to Congress his new blueprint for revamping financial oversight, federal ... Continue
March 29th / 0 comments
Obama, Bankers Sit Face to Face
Lend more. Spend less. That was President Obama's message yesterday during a meeting at the White House with the chief executives ... Continue
March 28th / 0 comments
‘Only a miracle’ will save super in ‘09
ONLY a financial miracle will save some Australians from suffering a second year of superannuation losses, a research house says. Read ... Continue
March 28th / 0 comments
Buyers back in shacks as flats fail to sell
Shacking up ... buyers are staying away from coastal unit developments. Picture: Gregg Porteous Coastal developments failing to sell ... Continue
March 28th / 0 comments
IBM criticized for job cuts, outsourcing
(CNN) -- IBM's reported plans to lay off thousands of U.S. workers and outsource many of those jobs to ... Continue
March 27th / 0 comments
Dollar Slams Up Against A (Great) Wall
The People's Bank of China flexes its muscle in call for a new reserve currency. Read more Continue
March 27th / 0 comments
Wolf Block’s end marks an era’s passing
It was the early 1980s, and under the leadership of the influential Howard Gittis, the Philadelphia law firm of Wolf, ... Continue
March 27th / 0 comments
At AIG: What would Hank do?
"There is no way on God's green earth that any of this would have happened on Hank's watch," says ... Continue
March 26th / 0 comments
Consumer Watch: Gas deregulation’s high price
When Illinois officially deregulated natural gas markets in 2002, state legislators predicted that competition would reduce home heating bills. The exact ... Continue
March 26th / 0 comments
PM: ‘Mervyn King Backs Me On Economy’
5:11pm UK, Wednesday March 25, 2009 Gordon Brown has insisted the Bank of England Governor backs him over measures to support ... Continue
March 26th / 0 comments
Energy suppliers ‘overcharging eight million customers’
Energy suppliers are still taking unnecessarily high direct debit payments from millions of customers each month. Read more Continue
March 25th / 0 comments
Gilt auction fails for the first time since 2002
An auction of government-guaranteed bonds failed for the first time in seven years today. Read more Continue
March 25th / 0 comments