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U.S. throws GMAC $6 billion lifeline
In yet another move to prop up the crumbling U.S. auto industry, the government announced Monday that it will pump $6 billion into GMAC Financial Services, a financing company critical to the survival of General Motors.
CNN Money

Feeder funds face scrutiny in hunt for Madoff losses
As victims of Bernard Madoff's alleged $50bn fraud try to recover losses, the 'feeder funds' that channelled money to him are emerging as a key target of investor lawsuits, lawyers say
FT.com

solidThinking to Offer Free 'sTudent` Software at Macworld
solidThinking to Offer Free 'sTudent' Software at Macworld
tmcnet.com

The Tax Lady`s Guide to Beating the IRS and Saving Big Bucks on Your Taxes: Are You Ready to Rumble? I Am! (Paperback) newly tagged ``accounting``
The Tax Lady's Guide to Beating the IRS and Saving Big Bucks on Your Taxes: Are You Ready to Rumble? I Am! (Paperback)By Roni Lynn Deutch Buy new: $11.53 First tagged 'accounting' by Evan Jacobs Customer tags: taxes, irs, money, accounting
Amazon

UBP Scrambles to Explain Madoff Ties
Swiss private bank UBP is scrambling to explain its ties to Madoff. Half of the bank's 22 funds of funds put some money into Madoff-related vehicles.
Wall Street Journal

Money may be root of evil, but regrettably we are stuck with it
So money is the root of all evil, is it? A group of Anglican bishops has attacked the Government for the "scandal" of trying to borrow its way out of recession and of "morally corrupt policies" in enc...
Telegraph

Dow scrambling to keep $15 billion Rohm takeover alive: report
SINGAPORE (Reuters) - Dow Chemical is scrambling to keep its $15 billion takeover of rival Rohm & Haas alive after a surprise decision by the Kuwaiti government to scrap a joint venture with Dow, the Financial Times reported on Tuesday.
Reuters

Wave of Layoffs Dashes Japanese Myth of Job for Life
Free-market reforms including deregulation in 2004 has allowed the manufacturing industry to use temporary staff in their plant.
IndustryWeek

ANZ braces for pain
ANZ faces a $29 million fine for failing to comply with US economic sanctions and anti-money laundering laws.
News.com

China to decide soon whether tolling is okay - Alibaba News Channel
China to decide soon whether tolling is okayAlibaba News Channel, NEW YORK - 3 hours agoCHINA, the world's biggest metals consumer, is close to deciding whether to allow tax-free imports of copper concentrate and primary aluminum for processing ...
Feed Digest

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Archived "business - free government money" news stories.

Available news archives.

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