Thursday, 23 April 2009

A 'very sweet deal'?
Senator's Husband's Firm Cashes in on Crisis

By Chuck Neubauer 

On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband's real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms. Continue



UK: Economy will shrink at its fastest pace since 1945 : Darling unveils 50% top tax rate: : Alistair Darling has announced a new top tax rate of 50% for those earning more than £150,000 from next April.

World finance losses 'top $4tn': Of the $4.1tn, an estimated $2.7tn comes from losses suffered from US financial institutions, the IMF said on Tuesday, double what it estimated six months ago.

GM Defaults: The company's CFO says the firm will not make its June 1, $1 billion debt payment reports WSJ.