Search goes on for Madoff’s money
As Mrs. Madoff relinquishes cash, furs and jewelry, a court-appointed trustee pursues more than $10 billion from investors who withdrew sums from Madoff accounts.
June 29, 2009
Realty fervor takes aim at reality
The real-estate balloon has deflated, but there’s still plenty of hot air surrounding home prices. Let us now appraise industry lobbying efforts to lift valuations.
Supreme Court Allows NY State’s Bank Lending Probe
The U.S. Supreme Court ruled on Monday that the New York attorney general’s office can investigate whether national banks discriminated against minorities seeking mortgages…. More
Madoff sentenced to 150 years in prison
The disgraced broker was sentenced to maximum of 150 years in prison for running a $65bn ‘Ponzi’ scheme that devastated the lives of thousands of investors across the world
Oil watchdog cuts demand forecasts
The IEA cut sharply its medium-term forecast for oil demand, saying there was a chance of an extended period contraction as the global recession reduces the appetite for energy
Financial sector sentiment improves
LONDON (Reuters) - Financial service companies are more optimistic than at any time in the last two years, although banks remain downbeat about their prospects, the Confederation of British Industry and accountants PricewaterhouseCoopers said on Monday.