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WaMu holding company sues FDIC The holding company for failed savings and loan Washington Mutual Inc, has sued the Federal Deposit Insurance Corp. for billions of dollars in claims in connection with the September seizure and sale of the Seattle-based thrift to JPMorgan Chase & Co. Biz JournalMadoff 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 NetworkInsurance tips for unemployed With pink slips accelerating nationwide, health care experts say it's a good idea for everyone - even those who feel their job isn't at risk - to know about their health care rights and options. CNN`We`ll use coercive diplomacy against Pak` There is enough evidence to prove that Pakistans official agencies were involved in the Mumbai terror attacks, Home Minister P Chidambaram tells Karan Thapar in an interview for CNN-IBNs Devils Advocate. The interview will be telecast on Sunday. Business StandardMore revelations from AIG bonus department AIG Insurance, which has caused so much outrage by paying out huge bonuses after receiving bailout money from the US government, has been caught out again. 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 StandardApples of Gold, Settings of Silver, and Barrick Gold Marc Courtenay submits:An ancient proverb says, "A word fitly spoken is like apples of gold in settings of silver". Now that's a word picture I can get excited about, and recently the chairman of Barrick Gold (ABX) gave all precious metals investors some encouragement that was "fitly spoken". According to a recent Thomson Reuters story, the founder of Barrick Gold, the world's largest gold company, said that gold prices are likely to continue to rise this year amid economic uncertainty and investor efforts to hedge against inflation and dollar weakness. "I happen to be very optimistic right now about gold prices," Peter Munk, Barrick's chairman, told Reuters in a telephone interview from his home in Davos, Switzerland on Wednesday. Looking at the chart below compliments of StockCharts.com one would have to agree with Mr. Munk. Gold Equities VS Gold – Weekly ChartComplete Story » Seeking AlphaAIG bonuses `higher than thought` Controversial US insurance giant AIG paid $218m in bonuses - much more than previously thought, a senior US official says. BBCAverage Home Price in Detroit Falls to 13,638Mr. Swing 1 2 3 4 |
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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]