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U.S. linking bank aid to loan changes: sources (Reuters)
U.S. Treasury chief Timothy Geithner said on Saturday that banks getting public aid under a new rescue plan must help struggling homeowners by reworking their mortgages, according to Democratic sources.
yahoo.com

Slipstream: Prop 8 Donor Web Site Shows Disclosure Law Is 2-Edged Sword
A Web site makes donors' information public, pitting concepts of political transparency and privacy against each other.
The New York Times

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

Slowdown, Satyam erode trust in business: Survey
The economic slowdown has eroded trust of opinion leaders on business, the government, civil society and media alike, said a survey of 200 opinion leaders in New Delhi, Mumbai and Bangalore carried out between November 5 and December 14 2008 by Edelman, the worlds largest standalone public relations firm.
Business Standard

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 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

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

Competition Brews Over Decaf
Caribou Coffee recently tried to lure Starbucks decaf customers to their coffee houses with free coffee. The move came after Starbucks announced it would brew decaf in the afternoons only if customers requested it. Sea Stachura from Minnesota Public Radio's reports.
NPR

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Archived "business - public mutual fund" news stories.

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