Government Capping Compensation?

As you shelter yourself in a cool closet from the hailstorm of healthcare promotion, Congress and the President are sliding into home plate with compensation controls in the senior offices of financial firms, … for starters. The new Corporate and Financial Institution...

Merrill, BofA Shareholders Approve the Combination

The Shareholders of both Merrill Lynch & Co. and Bank of America have approved the sale of Merrill to Bank of America, this friday Dec, 5. This will in turn create the U.S. largest financial-services firm....

Deutsche Bank Sold Massive Amounts of Phantom Stock

" delivery records,” there were “only two failures to deliver.” So Deutsche Bank systematically failed to even locate the stock that it sold, but the NYSE isn’t calling it “naked short selling,” and...

U.S. plan for Fannie, Freddie to hit shareholders: Takeover announcement exp...

UPDATE:  This happened as anticipated.  There is more complete look at the world financial situation HERE, and I recommend it.This is not your great-grandpa's bailout, but it is meant to reverse the...

The Fed is the problem, not the solution

Does our government and our representatives have the morality and the courage to do this and save the US economy and its citizens?These issues should be on both parties platforms, but...."An agenda of deeper reforms can boost public confidence even as it undoes a lot of the...

MASDAR-CITY clean energy, GE and Mubadala $8bn investment group venture

Masdar City clean energy, zero waste, zero C02 jumpstarts with the $8bn investment. Total plans from ABUDHABI go formore than $15 bn in renewable energy investment. Among otherprojects, world's super manufacturer...

World's richest brothers feud again

They are the world's richest brothers with a combined wealth of $85bn - and they are fighting again. Two years ago, Mukesh Ambani and Anil Ambani, who control India's Reliance group of industries, accused each...

American 'Meltdown' is the Reason for the Money Injection by Fortis

""Votron stays on after a wave of criticismby our correspondentJune 28, 2008, 09:10 a.m.BRUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American financial markets within days or weeks. This explains, according to the bank insurer, the series of...

Nokia buys out Symbian to create Google rival

With the change in the licensing of the Symbian operating system, something great is going to happen. Nokia has a huge userbase of the operating system, but it is not alone, by using this technology. Maybe some...

Did Deutsche Telekom Spy on Journalists and Board Members?

As if their shitty service wasn't bad enough, not to be outdone by the American telecommunications giants and their illegal wire tapping, Deutsche Telekom thought it'd do some spying of it's own..,."German telecommunications giant Deutsche Telekom stands accused of having...

CBS buys CNET in $1.8B deal

Does this mean Katie Couric will be reviewing games now?"NEW YORK (AP) — Media and entertainment company CBS Corp. is buying CNet Networks Inc., an online news and information provider, for $1.8 billion in cash...

Google Shareholders On Human Rights: Not So Much :: MAXINE

"The starting view in Google Earth. If one were to type in an address in Denver, Colorado, USA, one can zoom in and out from 1600 Curtis St. and watch it disappear into a satellite view of the Earth and then...

Microsoft Retreats, Yahoo Sets $14 Billion On Fire

Microsoft has withdrawn its Yahoo bid and the yahoos have suffered the consequences.  "With the public markets now open, we know what the damage is from Yahoo failing to reach a deal with Microsoft. With...

Delta and Northwest join to form world's largest airline

Two airlines have collided, but luckily not in the way you might think." ATLANTA - Delta Air Lines Inc. and Northwest Airlines Corp., squeezed by record high fuel prices and a slowing...

Yahoo and AOL are close to merging

Two of the biggest sites on the Internet are closer than ever to a merge, which would mean Microsoft is out of the loop."Yahoo Inc. and Time Warner Inc.'s AOL are closing in on a deal to combine their Internet...

closeSign in to NowPublic

is reporting from