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Singapore Dec non-oil exports plunge 21 percent
Singapore's non-oil exports, which account for two-third of the city-state's gross domestic product, plunged in December, underlining that the country is mired in its worst recession for decades. Exports in December fell 21 percent from a year earlier to 10.5...
San Francisco Chronicle

Morgan Lewis firm freezing some salaries
The Morgan Lewis & Bockius law firm has instituted a salary freeze for nonpartner lawyers, according to a Web site account verified by a spokeswoman for the firm.
Bizjournals.com

Satyam scam a a blot on corporate India, says PM
The Prime Minister Dr Manmohan Singh on Saturday said that the Satyam issue is a blot on corporate India and corporates must look into accounting practices.
The Times Of India

Satyam, Wipro lose over $4bn on US bourses in a week
Satyam Computer and Wipro together accounted for more than half of the $6bn losses incurred by the Indian stocks listed on the American bourses last week.
The Times Of India

Minister eases fears over Satyam cash flow
Corporate affairs politician says outsourcing group remains viable in spite of accounts-fixing crisis
FT.com

Reducing Your Premium - Know How To
It took lots of us a long while and lots of personal sacrifice and discipline in our drive to own our homes. That would easily account for why we are ready to part with some of our funds to ensure it is suitably covered. One of the most important things in our lives is most certainly our homes. Having said that, may I add that you won't show how much you care about your home by being unguided in choosing a Home Insurance policy for your home. Just by spending some time looking for the right insurer for your home, you would not just get the best Home Insurance policy, but I can promise you that you would also be saving yourself quite some money.
ezinearticles.com

Passbook savers penalised
Savers who like to monitor their account activity by using a passbook are receiving lower returns on their money
Financial Times

Marks Paneth & Shron LLP : Marks Paneth & Shron, Leading Accounting Firm, Names Four Additional Partners and One Principal
NEW YORK, NY (MARKET WIRE) Accounting firm Marks Paneth & Shron LLP (MP&S) today announced that, effective January 1, 2009, the firm added four new partners and one principal. The new partners and principal have significant expertise and experience in real estate, tax consulting and planning, auditing, trusts and estates, planning for high-net-worth individuals and matrimonial issues.
Marketwire.com

How`s AIG Spending That $150B?
Insurance company AIG has secured over $150 billion in bailout funds over the past several months. But how is the taxpayer money being spent, and is anyone accounting for it?
CBC.ca

Defense Attorney Asks for Dreier`s Release on Bail
Disgraced attorney Marc Dreier has given full cooperation to thereceiver charged with identifying and securing his assets, his attorneysaid Thursday. Fighting to get his client released on bail while heawaits trial on accusations that he looted escrow accounts and sold ortried to sell more than $100 million in phony promissory notes to hedgefunds, attorney Gerald Shargel said Dreier has no hidden assets in theU.S. or abroad. Papers submitted by Shargel offer a glimpse into whathappened to all the money.
Law

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