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Showing 191 - 200 of 254 results for "Bankrupt"

Market Wrap - Morning

AAP  |  FRIDAY, 5 DEC 2008
The Australian stock market is expected to open weaker after US stocks fell overnight. At 0810 AEDT on the Sydney Futures Exchange, the December Share Price Index futures contract was down 36 points at 3,505. In economic news, the Australian Industry ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
The US government's bail-out of Citigroup shows that policymakers have learnt the lessons of September when the collapse of Lehman Brothers launched financial market panic of seismic proportions. The 158-year old Lehman Brothers - may it rest in peace ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 NOV 2008
The Australian sharemarket is expected to open weaker after US stocks sank again overnight. At 0808 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 165 points at 3,379. In news this Wednesday, the Reserve ...

Mine's bigger than yours

BENJAMIN ONG  |  MONDAY, 10 NOV 2008
Slashers. This is what most central banks around the world have become as their respective economies appear oblivious to the myriad of rescue packages and the amount of money that is already flooding the system. The dire straits the global economy is ...

Toowoomba planner banned

RUTH LIEW  |  FRIDAY, 7 NOV 2008
... Investments Commission from providing financial services for 15 months after evidence emerged that he is an undischarged bankrupt. ASIC banned Blinco because of his undischarged bankrupt status while acting as an authorised representative of AMP Financial ...

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
Financial market trading activity in October ended as it began - with so much volatility. Investors' consensus interpretation of economic reports, government announcements and central bank decisions determined entry and exit into equities, currencies ...

Market Wrap - Morning

AAP  |  MONDAY, 13 OCT 2008
The Australian share market is expected to open slightly higher after US stocks slowed their declines on Friday. The Dow Jones Industrial Average and S&P 500 Index fell 1.49 per cent and 1.18 per cent respectively while the NASDAQ managed to gain 0.27 ...

Neuberger Berman pledges money guarantee

RUTH LIEW  |  THURSDAY, 9 OCT 2008
... up its hand to be a part of the US Treasury Temporary Guarantee Program for Money Market Funds. The trustee board of bankrupt Lehman Brothers' asset management arm, along with all other publicly offered funds under the Lehman Brothers' banner, have approved ...

No more parachute payments

MICHELLE BALTAZAR, MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The debate on chief executive pay heats up after the discovery that senior executives in many of the banks the government had to bail out were in line for fat parachute payments just as they were negotiating a rescue package for the company. Dexia's ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
Following last Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization ...