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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.netWaMu Sues FDIC Over Fire Sale Washington Mutual's 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. CBS NewsHome 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 DeLong's Geithner Plan FAQ - The Atlantic - Matthew Ygblesias I meant to say in yesterday’s post on the leaking out details of the administration’s plan for the banking system, that one should actually separate the issues “is this a plan that stands a good chance of working” from “is this a plan that comports with my beliefs about cosmic and social justice.” Geithner’s plan, [...] NewsRackAIG 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 ChronicleLiquidity key for small businesses in slow economy - Steamboat Pilot Conserving cash is one of the keys for small business owners intent on surviving and thriving in tough economic times, a retired banking executive and foundation manager told a local audience this month. NewsRack1 2 3 4 5 |
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