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Campaign finance legislation faces tricky issue of foreign corporations (Los Angeles Times)As lawmakers react to a Supreme Court decision that struck down a portion of election funding laws, the fate of U.S. subsidiaries is uncertain. Proposed legislation to block foreign companies from contributing money to U.S. elections could end up affecting well-known companies such as Chrysler, Anheuser-Busch and Citgo, according to legal experts and company representatives.
Sun, 07 Mar 2010 08:48:56 GMT.
RNC's finance director behind controversial fundraising pitch (Washington Post)
In the three days since the leak of a confidential and crude Republican fundraising pitch, the party's leaders have scrambled to distance themselves from the 72-page PowerPoint depiction of President Obama as a socialist Joker -- and from the man behind it. Michael S. Steele, the Republican National Committee chairman, declared the pitch inappropriate and said it was the work of a "staffer."
Sat, 06 Mar 2010 05:00:00 GMT.
Ex-official charged in theft from Thomas Jefferson High (Washington Post)
A former finance official with one of the Washington area's most prestigious high schools was arrested Friday and charged with stealing $279,000 from student athletics and clubs and using the money to support a gambling habit and pay her mortgage, prosecutors said.
Sat, 06 Mar 2010 05:00:00 GMT.
King & Spalding Deal Named Project Finance's Best 2009 Refinancing (Marketwire)
NEW YORK, NY--(Marketwire - March 5, 2010) - An oil storage tank development deal King & Spalding had a key role in executing was named Latin American Refinancing Deal of the Year for 2009 by Project Finance magazine last night at an awards dinner in New York City. King & Spalding client Petroterminal de Panama S.A. (PTP) received the award for the development of crude oil storage tanks in the ...
Fri, 05 Mar 2010 17:13:01 GMT.
Union activists occupy finance ministry in Athens (AP via Yahoo! News)
Members of a labor union occupied Greece's finance ministry building in central Athens early Thursday, hanging a massive banner from the top to protest harsh new austerity measures designed to pull the country out of its financial crisis.
Thu, 04 Mar 2010 07:51:36 GMT.
Chinese investors 'buy American' - companies (The Tennessean)
WASHINGTON - Made in China now has a fast-growing sibling: Bought by China.
Sun, 07 Mar 2010 08:24:32 GMT.
Personal Finance Daily: The job-market and consumer news is good, and bad (Market Watch)
Remember Dr. Doolittle's pushmi-pullyu? It was a two-headed animal -- a llama-like creature in the older movie -- that couldn't decide which direction to go. The economic news of late feels a lot like that.
Fri, 05 Mar 2010 23:30:40 GMT.
Kan: Govt had 'secret pact' account (AsiaOne)
JAPAN: The government has confirmed the existence in a U.S. bank of an interest-free savings account that is linked to an alleged secret Japan-U.S. agreement on the financial cost of the 1972 reversion of Okinawa to Japan, Finance Minister Naoto Kan said Friday.
Sun, 07 Mar 2010 08:59:58 GMT.
Politics have never been uglier in our nation's capital (Seattle Times)
Washington, D.C., has its shining moments: Inaugurations. The Fourth of July. But in recent days, the nation's capital has been at its worst: An ethics mess in the House. A nasty fight over spending in the Senate, with the two major parties scrambling for political advantage rather than helping Americans in need.
Sun, 07 Mar 2010 04:47:48 GMT.
German Minister calls for European Monetary Fund (AP via Yahoo! Finance)
Germany's Finance Minister is calling for the creation of a European equivalent to the International Monetary Fund to be better positioned to deal with situations like the Greek debt crisis.
Sat, 06 Mar 2010 19:30:34 GMT.