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Banker lived it up in bank-owned Malibu house: report SAN FRANCISCO (Reuters) - A community watchdog group expressed outrage and Wells Fargo said it was launching an investigation after a newspaper reported that a senior exec threw lavish parties at a beachfront Malibu house owned by the bank. ReutersWar of words over MG Rover collapse A vitriolic row broke out after a government-sponsored report into the collapse of MG Rover attacked the £42m in financial rewards extracted by the 'Phoenix Four' directors of the failed carmaker FTThe Internet is the new Wild West reports IBM consultant Paranoid? Perhaps everyone is out to get you'The Internet has finally taken on the characteristics of the Wild West where no one is to be trusted,' said Sukhdev Singh, senior security consultant and regional X-Force expert, IBM Internet security systems, IBM ASEAN. Techworld.comVideo: H1N1 Vaccine Highly Effective It was predicted that two separate shots would be needed for the H1N1 vaccine, but results show healthy adults were protected in just eight to 10 days after a single dose. Jon LaPook reports. CBS NewsVideo: Pulse of Obama`s Plan A new poll shows that only 22 percent of Americans believe that President Obama's health care reform plan will help them personally. Chip Reid reports on the aftermath of Obama's Congressional address. CBS NewsRockets hit Israel from Lebanon Two rockets are fired into northern Israel from Lebanon, with no immediate reports of casualties or damage. BBCVideo: Ground Zero Taking Shape As the first three floors take shape for what will be New York's tallest building at ground zero, filling this open pit isn't the only piece of unfinished business from 9/11. Jim Axelrod reports. CBS NewsVideo: Cab Driver to Donate Kidney A Phoenix woman in need of a kidney transplant will receive a kidney from the cab driver who drove her to kidney dialysis appointments for two months. Steve Hartman reports. CBS NewsWork drinks leave business with $5b hangover A cold drink after a day's work is an Australian tradition, but a new Federal Government report says after-work drinks could be costing Australian businesses billions every year in lost productivity. ABC.net.auMG Rover: how Phoenix Four hit jackpot Report into demise of car manufacturer reveals owners bought software to wipe clean hard drives and ran tax avoidance schemes'Evidence Eliminator' computer software, a tax avoidance plot called 'Project Slag', six-figure bribes and an office affair were just some of the more outlandish ingredients revealed today by the long-awaited investigation into the MG Rover scandal.The 850-page report lays bare the breathtaking lengths to which its former owners, the so-called Phoenix Four, went to enrich themselves before the company - Britain's last large car manufacturer - collapsed in April 2005 with the loss of 6,500 jobs.The four local businessmen and former MG Rover chief executive Kevin Howe paid themselves a total of £42m during their five-year ownership of the company, which they bought for a token £10 and left with more than £1bn in debts. The report concluded their financial rewards were 'excessively large' despite the fact that the businessmen invested no money in the group after th Guardian1 2 3 4 5 |
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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