BIG SETTLEMENTS — Citigroup Inc. will buy back more than $7 billion in auction-rate securities from thousands of investors nationwide and pay $100 million in fines. WHY? — State and federal regulators say Citigroup marketed the securities as highly liquid investments, but failed to provide supporting bids for the auctions it managed. Demand flagged in February and the market collapsed. WHAT'S NEXT? — Regulators are investigating the marketing of auction-rate securities by a number of...
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By apackof2, Section Multimedia The Judicial Confirmation Network And lets not forget; Obama work worked as a leadership trainer for the radical leftist organization, ACORN. The majority of the problem applications are coming...
LOS ANGELES & MUMBAI, India----PeopleSupport, Inc. , a leading offshore business process outsourcing provider, and Essar Services today announced that, subject to approval by PeopleSupport’s stockholders at the special...
Jerusalem (CNSNews.com) – To the dismay of many Israelis, the cabinet on Sunday voted to approve the transfer of nine acres of prime property in downtown Jerusalem to Russia. The building and garden, known as Sergei’s...
Israel's prime minister said Tuesday he received assurances that Russia would not allow Israel's security to be threatened, but offered no indication he won the concrete promises he sought on Russian arms sales or sanctions on...