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| | | I'll keep the change, thank you. With these words, the National Australia Bank hammered home the point of one of the G20 protesters' slogans, 'Bankers, rhyme with ?' Yesterday's decision by the Reserve Bank of Australia (RBA) to reduce the official ... |
| | | | ... After four weeks of consecutive gains, Wall Street took a breather last night and gave back a little of its previous gains. Yes, you read it right - took a breather. The S&P 500 dipped 0.8 per cent while the Dow stepped back just 0.5 per cent. Bloomberg ... |
| | | | ... but just compare the domestic economy's 0.5 per cent dip in the fourth quarter with Japan's 3.2 per cent contraction. Well yes, but the outlook shows that we are facing another quarter of contraction. Yeah right, we'll probably contract another 1 per ... |
| | | | ... came together to fight back against the global recession, not with words but with a plan for global recovery and reform.' Ah yes, not with words but a plan. Problem solved. Again, not so fast. Walk the talk. Remember the G20 meeting in November last ... |
| | | | Dealer group Snowball has snapped up the corporate super business of Thornton Group - marking the financial services firm's continued buying spree. In an Australian Securities Exchange statement yesterday, Snowball announced it had acquired the corporate ... |
| | | | Sydney Bone, chief executive officer of the $32 billion Victorian Funds Management Corporation, has resigned - marking the continued reshuffle of senior management within the investment firm. Bone, who was appointed chief executive of VFMC in 2004 after ... |
| | | | Financial services firms should look at behavioural technology and website pre-scanning as key tools in their fight against identity theft and cyber crime, according to IT security firm AVG. Global internet security firm has added another feature to ... |
| | | | So it was written, so it was. No more bonuses. Taxpayers hate that. The government threatens to regulate against that. Hmmm...what can we do? Last Friday, I wrote about the futility of introducing new regulations to ensure that the current global financial ... |
| | | | Worrells Solvency and Forensic Accountants starts the process of recovering money on behalf of Storm Financial creditors after the Federal Court placed the firm into liquidation. Following yesterday's decision Storm Financial's appointed liquidators ... |
| | | | Lechery, gluttony, greed, sloth, envy, wrath, and pride - a leading investment expert highlights the seven sins that brought the market down to its knees. Rob Prugue, senior managing director of Lazard Asset Management and speaker at the CMSF yesterday ... |
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