CBI slams ‘tax on jobs’ decision
A Treasury decision to go ahead with plans to impose a “tax on jobs” next month, against the advice of business leaders, has been attacked by the CBI and recruitment companies
March 20, 2009
Treasury slated over Rock lending
The Treasury is criticised for allowing Northern Rock to lend £800m in risky mortgages after it was rescued with public funds.
Barroso sees US-Europe ‘convergence’
The US and the EU are finding common ground in their efforts to strengthen global financial market regulation, the European Commission’s president said
Brown accused over bank warnings
Gordon Brown failed to act on Treasury warnings in 2004 that the government was woefully unprepared to handle the collapse of a financial institution, says a highly critical official report
U.S. House OKs bill to recoup AIG bonuses
WASHINGTON (Reuters) - Moving with unusual speed, the Democratic-controlled U.S. House of Representatives on Thursday approved legislation to recoup most of the $165 million (114 million pounds) in bonuses paid to American International Group employees.
U.S. says auditor "sold his license" to Madoff
* Friehling’s and his family’s personal accounts at Madoff firm had an accumulated balance on November 30, 2008 of more than $14 million (10 million pounds) - (Reuters) - Bernard Madoff’s outside accountant was charged with fraud on Wednesday, accused of falsely certifying his audits of the confessed swindler’s books and withdrawing millions from a personal Madoff account he held in violation of accounting rules.