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High & Low Finance: A Safety Net That Tangles Investors
New York Times - World Financial News / 2010-01-07 18:28:48 / 1
Some who lost money to Madoff had a custodian agreement with a bank. So far, they are worse off because of that deal.... Read and comment | Read original article -
Clothing Retailer Says It Will No Longer Destroy Unworn Garments
After the practice was discovered and brought to light by a CUNY graduate student, H & M said it would donate unsold clothes fro... Read and comment | Read original article -
Retailers See Holiday Sales Rebound From Grim 2008
Retailing chains on Thursday confirmed that they had a better Christmas in 2009 than the previous year, which was the worst holi... Read and comment | Read original article -
Chinese Decision on Rates Seen as ?Turning Point?
With China?s economy galloping ahead, the central bank raised a key interest rate for the first time in months.... Read and comment | Read original article -
Wall Street Ends Mostly Higher After Early Slide
Traders seem hesitant about several sectors, particularly the housing and labor markets, and are waiting for signals on higher i... Read and comment | Read original article -
Contrarian Investor Predicts Economic Crash in China
James Chanos, who predicted Enron?s collapse, insists that the economic boom, too, in China is headed for a fall.... Read and comment | Read original article -
Slight Increase in U.S. First-Time Jobless Filings
The number of people claiming unemployment benefits for the first time barely rose last week, after two weeks of sharp drops, fu... Read and comment | Read original article -
Mixed Data in Britain Prompts Bank to Keep Rates Unchanged
The central bank held steady on interest rates and monetary stimulus amid mixed signals on the recovery in Britain. Separate dat... Read and comment | Read original article