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China earmarks another 86.7 bln yuan as drought relief funds
The Ministry of Finance (MOF) on Friday allocated 86.7 billion yuan (about 12.69 billion U.S. dollars) from its reserve to drought-hit areas in relief funds. Of the total, 71.6 billion yuan will be gi...
Big News Network

Madoff scandal brings a chill to Swiss center of wealth - Austin American-Statesman
GENEVA - The waitlist at Geneva&os;s Michelin two-star restaurant Domaine de Chateauvieux evaporated after Bernard Madoff&os;s Dec. 11 arrest - along with about 10 billion Swiss francs ($8.5 billion) the city&os;s banks and funds had invested with him ...
Feed Digest

IMF meets with Poland on crisis - International Herald Tribune: Business
The fund is holding talks with Poland about a possible loan to help it fend off contagion from the global financial crisis.
NewsRack

Senate approves restriction on foreign hires
The Senate voted Friday to restrict the hiring of foreign workers by banks that are receiving government bailout funds while undergoing vast layoffs.
Topix

Reliance Equity Adv bets on IT, oil, tobacco
Reliance Equity Advantage Fund increased its coverage to metal. IT, oil gas, tobacco. However, it reduced its exposure to telecom, auto, utilities and banking sectors.
Money Control

Reliance Equity Fund buys IT, tobacco; sells cement, engg
Reliance Equity Fund augmented its weightage to IT, tobacco, while pared coverage to cement construction, engineering capital goods, banking and telecom sectors.
Money Control

Lost super gobbled up by fees
MANY Australians are letting their retirement nest eggs dwindle because they are paying unnecessary fees on $13 billion of 'lost' superannuation accounts, the peak body for non-profit super funds says.
News

Hedge Fund Focus 07-02-09
Subscribe in a reader Subscribe by Email Hedge Fund Resources Hedge Fund Focus Home Service Providers Tutorials Communities Blogs Papers & Research Introductions & Guides Papers & Research People & Profiles Research Centres Hedge Fund Books: UK Hedge Fund Books: US General News | People and Funds | Launches| Hedge Fund Activism | Crime and Law [Externalrss-FinanceFocus-titles-rssl-6-30] Resources...More from MoneyScience.
Money Science

Sid Miller Buys More Than $100,000 In Stocks In AIG, Bank Of America, Other Companies With Campaign Funds (Capitol Annex)
State Rep. Sid Miller (R-Stephenville) spent almost $105,000 from his political campaign account purchasing stocks in publicly traded companies ranging from AIG and Bank of america to ALCOA and Halliburton between November 25 and December 11 of last year. Although investing campaign cash in the stock market isn't specifically authorized by the Texas Election Code, it is not prohibited, either. A...Source : Capitol Annex (subscribe)Explore : american International Group, Bank of america, Conglomerates, Halliburton, Mining
Wikio

Minnesota may tap out its jobless aid funds
A shortfall isn't that unusual for tough times, and a federal loan would keep checks coming.
Startribune.com

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