October 2009

UK to shake up banking, 100s of branches for sale (AP)

AP – The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the

Madoff documents reveal incredulous, unfocused SEC (Reuters)

Reuters – U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered.

SEC alleges insider trading at San Francisco fund (AP)

AP – The Securities and Exchange Commission filed a civil lawsuit alleging insider trading Friday against the former chief financial officer of a San

Obama tempers economic news with caution on jobs (AP)

AP – President Barack Obama on Saturday tempered excitement about a growing economy with a sober outlook that more people will lose their jobs.

Not all boom counties cough up gains in recession (AP)

AP – In the state capital’s downtown core, $500,000 decorative street lights beam down on bustling crowds who’ve come to dine and play along a recently revitalized pedestrian plaza.

Obama assures economy moving in ‘right direction’ (AFP)

AFP – US President Barack Obama said Saturday the United States was recovering from deep recession and that “hundreds of thousands of jobs” had been created through massive investments.

US stocks slide ahead of Fed rate decision, jobless data (AFP)

AFP – Despite the return of US economic growth, Wall Street was in no mood to celebrate as it braced for a Federal Reserve

US stocks slide ahead of Fed rate decision, jobless data (AFP)

AFP – Despite the return of US economic growth, Wall Street was in no mood to celebrate as it braced for a Federal Reserve

Obama highlights fresh signs of economic growth (AP)

AP – President Barack Obama said Saturday that reports the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show “we are moving in the right direction.”