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Opportunities are there, but don't catch a chill in Indian summer
THE sharp rises in international stock market indices over the past five months may have alarming parallels for those familiar with the 1929 wall street crash.
Scotsman Saturday, August 15, 2009

To fix or not to fix, that's still the question for borrowers
INTEREST rates may be stagnant but many borrowers face a dilemma that could save or cost them thousands when the Bank of England eventually acts.
Scotsman Saturday, August 15, 2009

With-profits investors wrestle with quandry
WITH-PROFITS investors have been given fresh cause for concern by the latest round of reduced pay-outs and hiked exit penalties.
Scotsman Saturday, August 15, 2009

Weekend Investor: Concentrated stock funds put risk in focus
Focused funds -- portfolios with only a couple of dozen holdings -- are getting attention in a market where stock selection is more important than ever. Their concentrated strategy might be worth some extra risk for investors who know what to look for.
Market Watch Saturday, August 15, 2009

Employees With Defined Benefit Plans More Confident About Retirement
Workers with defined benefit plans are much more positive about their retirement prospects than those who participate only in a defined contribution plan.
Watson Wyatt Saturday, August 15, 2009

Colonial becomes biggest bank failure of 2009
Colonial BancGroup Inc. became the largest bank failure this year Friday after the Federal Deposit Insurance Corporation seized the struggling Alabama-based lender and sold it to BB&T Corp.
Market Watch Saturday, August 15, 2009

Adnic expands in DIFC
Abu Dhabi National Insurance Company (Adnic)has expanded its commercial insurance business across the Middle East and North Africa, creating an Underwriting Risk services (Middle East) Ltd (URSME) based at the Dubai International Financial Center (DIFC), the company has said. URSME has been granted a license by the Dubai Financial Services Authority to effectively operate in the DIFC. [AMEInfo.com]
AME Saturday, August 15, 2009

Tax Cheats and the UBS Deal - A Look at Offshore Tax Avoidance
It looks as if the United States Justice Department has made a deal with UBS, and the Swiss are going to turn over 50,000 names of US citizens that have put their money overseas in Swiss bank accounts. They are looking for tax cheats. Those 50,000 names are going to include the names of some of the most wealthy and well-known individuals in our nation.
E-Zine Saturday, August 15, 2009

Tadawul market ends in no man's land
At the start of the last week before the Holy Month of Ramadan, the Tadawul All Share Index dipped slighlty, closing at 5,838.27 points (off 0.13%) without any clear direction during the trading day. Sabic consolidated its position above the SR70-level, ending 0.34% higher at SR73. Insurers emgerged as the clear winner with SABB Takaful posting the largest profit (up 9.86% at SR55.75). The real estate sector index lost 1.21%. Makkah Construction and Development Co. ended 5.41% lower at SR31.50. 46 stocks added value, while 72 securities declined. [AMEInfo.com]
AME Saturday, August 15, 2009

Defending Yourself in an IRS Trust Fund Recovery Penalty Assessment Controversy
In the current economic climate, many firms are having a hard time paying their bills and some choose to borrow from Uncle Sam by taking employee withholding taxes and using them for operating capital instead of depositing them with the United States Treasury. IRS takes a very dim view of this unorthodox practice and the interest and penalties can be severe.
E-Zine Saturday, August 15, 2009


Archived finance news stories.

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