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Showing 3371 - 3380 of 5176 results for "YES"

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... highlight these consequences if the government doesn't cough up the dough. The US government blinked and paid a handsome ransom. Yes Virginia, there is such a thing as a free lunch. I have lost tracked of the total amount of taxpayers' hard-earned money ...

Babcock & Brown folds

MICHELLE BALTAZAR  |  FRIDAY, 13 MAR 2009
Babcock & Brown Limited has called in the administrators after its New Zealand investors rejected the company's plan to restructure some of its debt. In an ASX statement released this morning, Babcock & Brown has appointed Deloitte Touche Tohmatsu as ...

NAB gambles on its IFS model

WWW.THESHEET.COM  |  FRIDAY, 13 MAR 2009
NAB's corporate clients must be scratching their heads after yesterday's strategy briefing from new chief executive Cameron Clyne. The corporate lending business will move out of the institutional division, nabCapital, and into the regional business ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
The Australian Tax Office (ATO) is targeting illegal early access to retirement savings and stepping up its compliance activities to ensure self managed super fund (SMSF) trustees don't break the law. Speaking at the SMSF Professionals' Association ...

SPAA reloads for 2009

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
This year the Self Managed Super Fund Professionals' Association of Australia (SPAA) will get more involved in parliamentary inquiries, add more staff to provide a better service to members and change its advertising campaign. Speaking yesterday at ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
Yesterday's strong rally on Wall Street was followed by a flat performance overnight. Is Wall Street catching its breath before taking another jump? Or is it taking a deep breath for diving? Such is the uncertainty created by the current global economic ...

Super assets lose $25bn

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
Superannuation assets suffered a $25.1 billion loss for the financial year to 30 June 2008 - but smaller funds have bucked the trend to increase assets by 6.7 per cent to $361 billion, according to data released by APRA. The Australian Prudential Regulation ...

Spring springs on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2009
... commitment to avoiding such a failure remains firm.' Citigroup served up the music. It share price rocketed by 38 per cent - yes 38, not 3 point 8 - following reports of an internal memo written by its CEO, Vikram Pandit, that the company was profitable ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... trillion last year and that the fall in asset value is negatively affecting consumer spending, a negative for global GDP. Yes, there was a number provided by the ADB. But tell us something we don't already know. Makes me think that these institutions ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
US First Lady, Michelle Obama, shows us the future - and it does not look good. Wall Street and European equities tumbled again while we were sleeping. Part of the reason was disappointment that the much-awaited Chinese medicine was not potent enough ...