Archive for February, 2012

Dow bounces back

Wednesday, February 29th, 2012

Associated Press Tuesday, February 28, 2012 14,164.53 6,547.05 13,005.12 All-time high Oct. 9, 2007 Great Recession low March 9, 2009 Climbing back Feb. 28, 2012 The Dow Jones Industrial Average on Tuesday reclaimed the last of the ground it held before the carnage of the Great Recession — bailouts, bank ...

Oscars: France, Pakistan, Iran react to their films’ wins

Tuesday, February 28th, 2012

'The Artist's' success is celebrated (mostly). Pakistan activists are happy 'Saving Face' won. 'A Separation's' triumph is seen in different ways in Iran. 'The Artist's' success is celebrated (mostly). Pakistan activists are happy 'Saving Face' won. 'A Separation's' triumph is seen in different ways in Iran.---read the article

Critics call foreclosure settlement ‘a slap in the face’

Saturday, February 11th, 2012

At first glance, Nevada’s $1.5 billion settlement with banks over mortgage servicing and foreclosure problems seems like a lot of money. But for the consumers and their attorneys most affected, the deals announced Thursday are woefully inadequate.---read the article

ANZ lifts interest rates – a bit

Friday, February 10th, 2012

ANZ Bank has lifted their mortgage rate independently of the Reserve Bank today, raising its standard variable rate by 6 basis points.---read the article

The Damnation of Fred Goodwin

Sunday, February 5th, 2012

ONE Saturday morning, shortly before Christmas 2007 and a few months after Northern Rock shares fell through the floor and its fearful customers queued overnight to withdraw their savings, Alistair Darling opened the front door at his home in Edinburgh to find Sir Fred Goodwin – as he was then ...

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