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Lord Myners acted ‘unfairly’ in RBS pension row

Read
Sir Tom McKillop’s letter in full
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Related PostsSir Fred Will Not Forego £16.6m Pension PotChancellor Alistair Darling said ministers had not realised that a decision by the bank’s former boa…Lord Mandelson warns: No blank cheque for UK plc
IN a stark warning to British industry Lord Mandelson, the business secretary,
has said there is …

GM Chief to Resign at White House’s Behest

The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make.

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Related PostsWhite House takes “available” time for autos
[...]

GM CEO forced out as U.S. readies autos aid (Reuters)

WASHINGTON (Reuters) –
General Motors Corp Chief Executive Rick Wagoner resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the company and its smaller rival Chrysler LLC.
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Related PostsWhite House takes “available” time for autos
(Reuters)WASHINGTON (Reuters) –
The White House was [...]

Being a Marketer

Following is part two of an interview with Cheryl Benton, owner of 747 Marketing. Their website says, “We’ve built a consulting business that helps our clients gain unfair competitive advantages by outwitting the other guys.” Visit Cheryl Benton’s website simply by Googling 747 Marketing.
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Related PostsNo related posts

Big banks set to slash ATM fees

THE big banks’ policy on charging ATM fees may be about to change as customers flock to Australia’s only bank account offering free access to every cash machine in the country.
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Related PostsBanks slash interest rates - on depositsSTRESSED homeowners have been slugged again, with the banks moving swiftly to slash the interest the…Payment Card [...]

12 Cool Web Tools

Demandbase lets you know when those blue-chip customers are knocking at your virtual door. Its free real-time ticker analyzes your visitors’ IP addresses and compares them with information from sources such as Dun & Bradstreet and LexisNexis. With those data, Demandbase can tell you the names of the companies at which many of your visitors [...]

Wall Street: A critical crossroad

NEW YORK (CNNMoney.com) — The last full week in the quarter is a critical one for investors as they look for reasons to either resurrect the stalled rally or retreat even further.
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Related PostsLondon soars through 4,000 on Wall Street rally
London shares burst back through the psychologically important 4,000-point
level today following …Ford to [...]

UK Recession Deeper Than First Feared















The UK economy shrank by 1.6% in the final quarter of 2008, a bigger fall than first estimated.











The figure - revised lower from the original 1.5% estimate by the Office for National Statistics (ONS) - represents the worst fall in output since April-June 1980.


The slump was driven by a bigger-than-estimated fall in construction as well [...]

US demands ‘new rules’ for financial regulation

Timothy Geithner, the US Treasury Secretary, lambasted America’s banking
regulations and said sweeping new “rules of the game” were needed to ensure
that the US financial system never again threatens to drag down the entire
economy.
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Related PostsFinancial Services Authority under fire for sudden change in rules
The City’s chief regulator came under heavy fire yesterday as it announced [...]

In Housing and Other Big-Ticket Markets, Early Stirrings of Hope

After several months of relentlessly grim economic news, analysts have been looking for any indication that the pace of the economy’s deterioration is slowing. Recently, they have had at least some reason to hope.

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Related PostsStocks gain in early tradeNEW YORK (CNNMoney.com) — Stocks tiptoed higher Tuesday morning as investors welcomed slumping oil …Bernanke: Markets [...]

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