Norilsk Chairman Fortifies Control
September 29th, 2008 piotr zukowskiNorilsk subsidiaries have bought about an 8.7% stake in the mining giant, further escalating a shareholders’ conflict within the company.
Norilsk subsidiaries have bought about an 8.7% stake in the mining giant, further escalating a shareholders’ conflict within the company.
William Morris Agency sold its Beverly Hills headquarters complex for $143 million.
Frequently asked lodgment questions and responses to assist tax agents manage their lodgment program.
Foreign banks operating in China have sound finances, regulators said, in an bid to reassure local banks that have been reluctant to lend to their foreign counterparts.
The U.S. is turning to foreign governments and overseas investors to buy much of the $700 billion in Treasury debt that would be sold to finance the bailout.
The bailout plan offers a much-needed salve to ailing credit markets, but it is unlikely to prevent the economy from sliding into recession.
Wachovia entered into preliminary talks with a handful of possible buyers, including Wells Fargo, Banco Santander and Citigroup.
Bernanke and Paulson have been invited to get in the ring against members of the House Financial Services Committee at 2:30 p.m. today, Eastern time.
The government is asking for $700 billion so it can pay top dollar for junk mortgage bonds, Fed Chairman Ben Bernanke says.
This morning the heads of the Treasury Department and the Federal Reserve will ask the Senate Banking Committee to act with haste on the mortgage bailout.