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TD Bank reveals $2B in investment losses
TD Banknorth Inc., the fourth-largest bank operating in Massachusetts, ended 2008 sitting on $2 billion in unrealized losses in an investment portfolio that includes risky mortgage-backed securities. (Fri, 27 Feb 2009 14:49:23 GMT)
Report: Gregg Steered Federal Aid to Project Containing Personal Investment
Sen. Judd Gregg has collected at least $240,017 to $651,801 from his investment at a former Air Force base while helping arrange at least $66 million in federal aid for it. (Fri, 27 Feb 2009 15:14:03 GMT)
Source: Stanford borrowed $1.6 billion from firm's assets; investment officer due in court
HOUSTON - The chief investment officer of troubled Stanford Financial Group was due in court Friday, as new details emerged showing the head of the firm borrowed $1.6 billion from the troubled company's assets. (Fri, 27 Feb 2009 15:21:07 GMT)
Investment fraud is latest blow to finances of Pitt and CMU
The discovery that a combined $114 million in investment assets is in jeopardy comes at a difficult time for the University of Pittsburgh and Carnegie Mellon University. (Fri, 27 Feb 2009 15:35:07 GMT)
Former governor calls for transportation investment
Former Kansas Gov. Bill Graves called for more state and national investment in transportation infrastructure Thursday. (Fri, 27 Feb 2009 15:35:14 GMT)
Toys, the next big investment?
With stocks and shares no longer a safe bet, some see toy collecting as a solid investment. (Fri, 27 Feb 2009 16:23:04 GMT)
Church of England Investment Fund Loses $1.7 Billion on Markets
Feb. 27 (Bloomberg) -- The Church of England’s investment fund , which pays the pensions of retired clergy, lost about 1.2 billion pounds ($1.7 billion) last year as stock markets tumbled and property values slumped in the global financial crisis. (Fri, 27 Feb 2009 16:45:39 GMT)
Investment officer posts $300K bond
A federal magistrate has set bond at $300,000 for the chief investment officer of troubled Stanford Financial Group, accused of lying to investigators about the firm's activities. (Fri, 27 Feb 2009 21:08:31 GMT)
Stanford investment officer to be released on bond
The chief investment officer of troubled Stanford Financial Group was expected to be released on $300,000 bond Friday after a court hearing in which she was painted alternately as the scapegoat for a massive fraud and as one of the few people who knows where millions stolen from investors is hidden. (Fri, 27 Feb 2009 22:51:35 GMT)
Stanford investment officer released on bond
The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. "Embarrassingly, I posted the money out of my own account," said Dan... (Fri, 27 Feb 2009 23:00:16 GMT)
Jury awards $150 million in SC investment case
A federal jury awarded at least $150 million to plaintiffs in a lawsuit over a stock investment program the plaintiffs claimed was a Ponzi scheme, attorneys said Friday. (Fri, 27 Feb 2009 23:53:59 GMT)
Stanford investment officer to be released on bond
The chief investment officer of troubled Stanford Financial Group was expected to be released on $300,000 bond Friday after a court hearing in which she was painted alternately as the scapegoat for what regulators now call a massive Ponzi scheme and as one of the few people who knows where millions stolen from investors is hidden. (Sat, 28 Feb 2009 00:17:40 GMT)
Stanford investment officer released on bond
The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. (Sat, 28 Feb 2009 03:54:39 GMT)
Private Investment Required In U.S. Deal With Citigroup
The government's deal to take a large ownership stake in Citigroup offers a preview of the coming round of public investments in troubled banks, including the demand that Citigroup secure a matching investment from the private sector. (Sat, 28 Feb 2009 05:00:00 GMT)
Private Investment Required In U.S. Deal With Citigroup
The government's deal to take a large ownership stake in Citigroup offers a preview of the coming round of public investments in troubled banks, including the demand that Citigroup secure a matching investment from the private sector. (Sat, 28 Feb 2009 05:00:00 GMT)
National accountant vetted investment firm
A national accountant and an outside consultant both vetted North Salem Supervisor Paul R. Greenwood's investment business for a municipal pension system in California before Greenwood's arrest on securities fraud charges this week, the system said. (Sat, 28 Feb 2009 07:50:23 GMT)
Stanford Financial Group investment official released on bond
The chief investment officer of troubled Stanford Financial Group was released on $300,000 bond Friday after a court hearing in which she was painted alternately as the scapegoat for a massive fraud and as one of the few people who knows where millions stolen from investors is hidden. (Sat, 28 Feb 2009 08:08:43 GMT)
Madoff scandal victims ask Connecticut to strengthen rules for investment managers
Some Connecticut victims of the Bernard Madoff financial scandal urged state lawmakers Friday to enact stronger state standards for investment managers, including a required test, to help prevent future illegal schemes. (Sat, 28 Feb 2009 08:16:14 GMT)
Madoff scandal victims ask Connecticut to strengthen rules for investment managers
Some Connecticut victims of the Bernard Madoff financial scandal urged state lawmakers Friday to enact stronger state standards for investment managers, including a required test, to help prevent future illegal schemes. (Sat, 28 Feb 2009 08:24:28 GMT)
Citi assures Adia investment
Citigroup's latest deal to convert preferred shares into common stock would not affect Abu Dhabi's $7.5bn investment in the bank, The National has reported. Citi would continue making interest payments to the emirate. (Sat, 28 Feb 2009 12:15:18 GMT)
Investment banks defend bonus pay-outs
NEW YORK, Feb. 28 (UPI) -- Investment banks that have received taxpayer bailout funds say they need to pay bonuses to top brokers to keep them from jumping to competitors. (Sat, 28 Feb 2009 13:29:57 GMT)
Stanford investment officer released on bond
The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. (Sat, 28 Feb 2009 15:10:25 GMT)
Stanford investment officer released on bond
HOUSTON -- The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. (Sat, 28 Feb 2009 15:10:25 GMT)
Isle woman sues over Stanford investment
LITTLE ROCK, Ark. (AP) — A Hawaii woman has filed a lawsuit against an investment firm of billionaire R. Allen Stanford and the firm's financial representatives in Arkansas. (Sat, 28 Feb 2009 16:23:18 GMT)
Stanford investment officer released on bond; feds say she knows where stolen money is hidden
The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond (Sat, 28 Feb 2009 17:15:10 GMT)
Buffett admits investment mistakes after historic loss
Investment guru Warren Buffett offered a mea culpa as he delivered a host of bad news to shareholders, saying Berkshire Hathaway Inc. saw net income fall by 62 per cent in 2008 compared to a year earlier. (Sat, 28 Feb 2009 18:03:04 GMT)
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