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Deal Means Big Payout for Wachovia Chiefs Ten Wachovia executives are eligible to collect as much as $98.1 million in severance if Wells Fargo completes its purchase of the bank by Dec. 31. Wall Street JournalWachovia bank executives prepare for large payout In the US, the Wachovia banking group has announced that ten of its top executives may be entitled to US$98.1 million in severance pay. Big News NetworkWhy banks need stronger medicine The latest round of government help for Citi buys the troubled bank some time. But the financial sector will need much stronger medicine before a recovery can get under way. CNN MoneyStocks Soar on Citigroup Rescue Stocks extend rally after bailout of Citi alleviates some worries bank worries. ABC NewsBank of Korea Joins Aid Effort The Bank of Korea will contribute as much as $3.34 billion to a government-led effort to thaw the nation's frozen debt market, but analysts said the initiative won't be enough to restore calm. Wall Street JournalCiti Coup: Stocks Soar Nearly 400 Points on Citigroup Rescue Stocks extend rally after bailout of Citi alleviates some worries bank worries. ABC NewsGovernment Offers Additional $20B to Shore UP Citi Citigroup stock has moved higher after the government announced a second effort to shore up confidence in the troubled bank. The Treasury Department will backstop the company's bad assets while providing an additional $20 billion in emergency loans. NPRDFM, ADX fall steeply The Abu Dhabi Securities Exchange fell more sharply than yesterday, losing 3.44% of its value. Commercial Bank International (CBI) was the biggest riser, going up by 10%. The Dubai Financial Market fell even more steeply, losing 5.33% of its value. All 23 listed companies fell, with not a single upward movement at market close. AME InfoOnline Fraud Costs May Be $5.3 Billion, Symantec Says Online criminals stole credit-card, bank and gaming The Salt Lake TribuneBanks win delay in trial of Huntsman lawsuit Credit Suisse Group AG and Deutsche Bank AG won a court ruling delaying until May the trial of a lawsuit over the planned takeover of Huntsman Corp. by Hexion Specialty Chemicals Inc. The Salt Lake Tribune1 2 3 4 5 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]