Newsmeme!
Discover News you didn't know existed
Leveraged Investment Company
News
Related Video News
No related video news stories found.
Related Videos
No related videos found.
RBS’ Goodwin was worst banker, Newsweek writes
Published December 4, 2008, 9:30 am, Providence Business News
OUSTED RBS CEO Sir Fred Goodwin – shown in Edinburgh this April – ranks as the world’s worst banker for leading RBS in a too-rapid expansion, “funky” investments and “self-indulgent” construction, “messing things up so badly the bank [had] to be nationalized,” writes Newsweek’s Daniel Gross.
Read the next article
Published December 4, 2008, 8:42 am, TrustNet
Private equity and the trusts that invest in it look set for a tough time in the coming year, but analysts and investors are still bullish, citing great value and good long-term prospects as reasons to buy this asset class.
Fortress, the Hedge Fund, Is Crumbling
Published December 4, 2008, 8:07 am, The Sarasota Herald-Tribune
Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.
Nortel Networks Not Sounding Good
Published December 4, 2008, 6:58 am, Zacks.com via Yahoo! Finance
We do not find any near-term growth catalyst for the company and downgrade our rating to Sell.
AT&T to cut 12,000 employees through 2009
Published December 4, 2008, 6:29 am, IT World
AT&T will lay off 12,000 workers through 2009 as the company reorganizes and faces a tough economic environment, the company said Thursday. AT&T will spend US$600 million in its fourth quarter 2008 for severance payments to those workers, which represent about 4 percent of the company's workforce.
Private Equity's Year from Hell
Published December 4, 2008, 5:29 am, BusinessWeek Online via Yahoo! UK & Ireland Finance
As the recession and financial crisis cause debt defaults and bankruptcy filings to mount, private equity investors brace for big losses and much longer waits for promised returns
Credit Suisse to cut 5,300 jobs after loss
Published December 4, 2008, 5:03 am, Toronto Star
ZURICH–Swiss bank Credit Suisse said on Thursday it was cutting 11 per cent of its workforce, or 5,300 jobs, as it revealed it made a net loss of about 3 billion Swiss francs ($2.5 billion) in October and November.
Credit Suisse records $2.5-billion loss
Published December 4, 2008, 4:50 am, The Globe and Mail
Bank says no 2008 bonuses for top execs as it cuts 5,300 jobs
UK construction shrinks at fastest pace on record
Published December 4, 2008, 4:41 am, Guardian Unlimited
Further grim news on the economy emerged this morning as a survey showed the country's once-booming construction sector contracted for the ninth month running in November - and at the fastest pace on record. The CIPS/Markit purchasing managers' index for the sector - a broad measure of activity, orders and employment - dived to 31.8 in November, from 35.1 in October. The index has ...
Mary Washington Hospital to Deploy RadarFind Tracking System
Published December 4, 2008, 4:32 am, Centre Daily Times
Mary Washington Hospital , part of Fredericksburg, Va.’s MediCorp Health System, has chosen the RadarFind Real Time Location System (RTLS) for tracking the location and status of its mobile medical equipment, thereby managing costs to save money on equipment purchases, improve patient care and enhance the efficiency of hospital operations.
Related News Resources:
> HGH News
News Directory
Get started fast by using a pre-defined news directory category
|
Breaking News
and Top Stories |
Business
Earnings, Economy, Personal Finance, and Stock Markets |
Entertainment
Books, Celebrity, Fashion, Movies, Music, Television, and Theatre |
Health
Aging, Diseases, Medical Conditions, Medications, Sexual Health, and Weight Loss |
Politics
Congress, Supreme Court, and White House |
|
Science
Animals, Astronomy, Biotechnology, Space, and Weather |
Sports
Baseball, Basketball, Boxing, Football, Golf, Hockey, Motor Sports, Soccer, and Tennis |
Technology
Communications, Hardware, Internet, Personal Technology, and Software |
United States
and Crimes and Trials |
World
Africa, Antartica, Asia, Australia, Canada, Europe, Latin America, and Middle East |