| Ritchie Capital to pay $40 million to settle fund-timing charges SAN FRANCISCO (MarketWatch) -- Ritchie Capital Management LLC agreed to pay nearly $40 million to settle mutual-fund timing charges, the Securities and Exchange Commission said Tuesday. feeds.marketwatch.com |
MBIA Unit's 'Aaa' Rating Affirmed by Moody's NEW YORK (Reuters) - Moody's Investors Service on Tuesdaydropped its immediate threat to cut the top "Aaa" rating ofMBIA Inc's insurance unit, staving off the prospect ofmore bank losses and market declines. feeds.reuters.com |
The Business Of Plastic Booms Again Desperate for extra cash, some Americans are turning to plastic. But it's not credit cards ... it's Tupperware. Kelly Cobiella reports that post-war Tupperware parties are booming, and providing a financial windfall for families. feeds.cbsnews.com |
UK lenders expect 'prolonged' slump UK banks forecast that credit market turmoil will last at least until the end of the year, twice as long as they predicted three months ago, according to a survey by the Confederation of British Industry.Lending conditions will worsen i ... english.people.com.cn |
Official: Indonesian state budget safe until oil price reaches $125 The 2008 state budget will withstand heavy pressure from skyrocketing oil prices until the Indonesian Crude Price (ICP) averages 125 US dollars per barrel, The Jakarta Post quoted a senior official as reporting on Friday. The govern ... english.people.com.cn |