Archive for April, 2008



SEC charges of stock option abuse loom for former Pixar CFO

Wednesday 30 April 2008 @ 10:04 pm

SAN FRANCISCO — The former chief financial officer of hit movie maker Pixar Animation Studios is facing a possible legal battle with securities regulators for alleged mishandling of stock options, according to documents filed Monday.

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Freddie Mac Differs With Regulator on 2007 Results

Wednesday 30 April 2008 @ 10:04 pm

Explaining its executive pay for 2007, Freddie Mac yesterday put a markedly different spin on the company’s performance last year from the assessment of a federal regulator in a recent report to Congress.

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Countrywide, GMAC post big losses on mortgages

Wednesday 30 April 2008 @ 10:04 pm

NEW YORK (Reuters) - Countrywide Financial Corp (CFC.N) and GMAC LLC, which run the largest independent U.S. mortgage lenders, posted big first-quarter losses on Tuesday, hurt by credit problems as the nation’s housing slump deepens.

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U.S. airlines flock to foreign repair shops

Wednesday 30 April 2008 @ 10:04 pm

Carriers cut costs as they outsource repairs and inspections.


San Luis Talpa, El Salvador

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Aid has little impact on mending stifled Palestinian economy

Wednesday 30 April 2008 @ 10:04 pm

RAMALLAH, West Bank — For dozens of donor countries helping the Palestinians, the worst case scenario appears to be coming true.

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Money Makeover chat with Jill Boynton

Wednesday 30 April 2008 @ 10:04 pm

Jill Boynton, an adviser at Cornerstone Financial Planning, took readers’ questions about retirement investing, saving for college, and managing debt. Here’s a transcript of the discussion.

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What is the FSA and what does it do? Posted By : David Lynes - Loans4

Wednesday 30 April 2008 @ 10:04 pm

The Financial Services Authority, also known simply as the FSA, is a financial body, and operates as an independent financial regulator within the UK. The powers that have been granted to the FSA come through the Financial Services and Markets Act 2000. A board is appointed by …

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Euro zone inflation slips

Wednesday 30 April 2008 @ 10:04 pm

Yearly inflation in the 15 nations that use the euro cooled to 3.3 percent in April, after higher energy and food prices pushed it to a record 3.6 percent in March, the EU statistical agency Eurostat said Wednesday.

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Families describe deaths from contaminated heparin

Wednesday 30 April 2008 @ 10:04 pm

WASHINGTON - The widow of a man who died after receiving contaminated heparin told a congressional subcommittee yesterday “we have a false sense of security” in a land where people expect to be protected and safe.

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Investors see recession, Wall Street depression

Wednesday 30 April 2008 @ 10:04 pm

BEVERLY HILLS, California (Reuters) - The U.S. economy may be in a funk, but that’s nothing compared with the pall hanging over Wall Street.

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