Finance
Andrew Newton: Finance Reform: How Short Memories Are Created
Andrew Newton: Finance Reform: How Short Memories Are Created It is often remarked that people have short memories when it comes to financial crises, that the lessons of Enron and Worldcom and the Dotcom boom quickly receded. We are now seeing this happen again, in real time. Read more on The Huffington Post
Wells Fargo Reforms Finance Arm
Wells Fargo Reforms Finance Arm Wells Fargo announced a restructuring of its consumer finance unit. Read more on Zacks.com via Yahoo! Finance
Islamic finance to grow at double the pace of conventional banks
Islamic finance to grow at double the pace of conventional banks SINGAPORE: The Islamic finance sector, expected to grow at double the pace of conventional banking, will likely cross the US$1 trillion mark in total assets this year. Read more on Channel NewsAsia
US Supreme Court blocks Ariz. campaign finance law
US Supreme Court blocks Ariz. campaign finance law The U.S. Supreme Court derailed a key part of Arizona’s campaign financing system on Tuesday, preventing the state from giving extra money to publicly funded candidates facing privately funded rivals and changing the… Read more on FOX 12 Idaho
Galion finance committee forms plan to reduce utility rate hikes
Galion finance committee forms plan to reduce utility rate hikes GALION — To reduce city utility rates, the finance committee proposes cutting unnecessary capital water and sewer projects. Those adjustments to the 2010 water and sewer budgets will be added to the city’s financial recovery plan. Council must approve legislation reflecting the changes before they [...]
G-20 finance chiefs agree on need to curb deficits
G-20 finance chiefs agree on need to curb deficits World financial leaders pledged Saturday to push ahead on curbing deficits and crafting financial reforms to safeguard the global recovery, including making banks bear much of the burden for government bailouts. Read more on AP via Yahoo! Philippines News
TEXT – Geithner letter to G20 finance ministers
TEXT – Geithner letter to G20 finance ministers BUSAN, South Korea, June 5 (Reuters) – Following is the text of a June 3 letter by U.S. Treasury Secretary Timothy Geithner to his G20 counterparts who are meeting on Saturday in South Korea. Read more on Reuters via Yahoo! Philippines News
Iberdrola deal to finance Maine grid improvement
Iberdrola deal to finance Maine grid improvement Associated Press – May 25, 2010 11:34 AM ET PORTLAND, Maine (AP) – The parent company of Central Maine Power is selling three natural gas utilities in New England to help pay for a $1.4 billion… Read more on ABC 6 Providence
Clarion call to enhance Islamic finance role
Clarion call to enhance Islamic finance role For three days from May 18, Kuala Lumpur played host to many Muslim heavyweights. The event was the World Islamic Economic Forum (WIEF) 2010. Read more on Business Times