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Scene Stealer: Who Threw the DVD From the Train? Instead of banking on suddenly shaky DVD sales, Hollywood is beginning to concentrate again on making the kind of films that do well at the box office. New York TimesMadoff victims line up for refunds A clearer picture is emerging of how much money might be available to pay back victims of the Bernard Madoff fraud, but while the pot is big it is nowhere near enough to repair all the damage.It includes nearly $1 billion held by Madoff's company and potentially more than $100 million in personal assets that include luxury homes, cars and boats.Several banks, hedge fund managers and others who led clients to Madoff may wind up paying huge settlements to resolve negligence lawsuits. Banco Santander, Spain's largest bank and one of the biggest losers in the scheme, has already offered 1.3 billion euros to defrauded customers. Topix.netHome buyers will soon go cold With just two weeks until daylight saving ends, the race is on for homeowners wanting to sell before the winter market freeze - without losing their shirt in the process.Progressively tightening bank ... Big News NetworkWaMu holding company sues FDIC over assets Washington Mutual's former holding company is suing federal regulators for billions of dollars, saying the fire sale of the bank's assets to JPMorgan Chase violated its rights. The lawsuit was filed ... Big News NetworkMichael Lewis: Mass hysteria over AIG obscures simple truths Last September the US government began to dole out the first of $173 billion to american International Group. A big chunk of it passed right through to banks that had bought insurance from AIG against mortgage and corporate defaults foreign banks such as Deutsche Bank and Socit Gnrale but also some domestic ones, such as Goldman Sachs and Bank of america. Business StandardYoung parents bank on stem cells to safeguard baby`s future healthBusiness Standard AIG uproar sparks bailout role for Federal Reserve, FDIC The plan would attack the current failure of the bank rescue effort so far: not ridding banks' of more than $1 trillion in bad loans and other troubled assets. Houston ChronicleWorries Voiced Over Economy - NY Times: World The president of the World Bank said the global economy is on pace to shrink by 1 percent to 2 percent this year. NewsRackA slippery place in the U.S. work force - International Herald Tribune: Front Page Many immigrants from Latin america are learning how uncertain their foothold is in the work force. NewsRackSaudi shares edge higher Riyadh's Tadawul-Index (Tasi) started the week with fresh gains, closing 1.6% higher at 4,470.7 points. All sectors edged higher except hotel and tourism (off 0.78%). Islamic bank Al Bilad (up 9.95%) led the list of gaining shares. Market bellwether and petrochemical giant Sabic also outperformed the Tasi-Index, gaiing 4.73%. Due to oil prices rising over $50 per barrel, investors expect the postive trend to continue. AME1 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]