Mortgage and Financial News From 2008-1-24 Page 55
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Tentative deal reached on economic package (Boston Globe)
The White House and the Democratic-led Congress have reached a tentative deal on a $150 billion economic stimulus plan that includes tax rebates for wage earners and business investment incentives, congressional sources said on Thursday.
2008-01-24 09:38:10 -
(AFX UK Focus) 2008-01-24 17:30 GMT: Congressional leaders reach tentative deal on economic stimulus package UPDATE (Interactive Investor)
(updates with more details)
2008-01-24 09:40:44 -
Deal reached to jumpstart U.S. economy (WVLT-TV Knoxville)
Congressional Democrats and Republicans and the Bush administration reached a tentative deal Thursday on tax rebates for individuals and tax cuts for businesses, to jolt the slumping economy.
2008-01-24 09:41:10 -
Congress approves $300-$1,200 tax refund (Portsmouth Herald)
WASHINGTON (AP) — Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per household and business tax cuts to jolt the slumping economy.
2008-01-24 09:43:58 -
Financial turmoil taxes middle-aged (Inside Bay Area)
The market's turmoil may be especially unsettling for middle-aged homeowners.
2008-01-24 09:44:14 -
(AFX UK Focus) 2008-01-24 17:11 GMT: Stocks seek to extend gains (Interactive Investor)
NEW YORK (AP) - Wall Street sought to extend its gains Thursday, moving higher as investors absorbed more bad news about bond insurers but received economic data that suggested the job market remains largely undented.
2008-01-24 09:45:01 -
12:30 ET Dow +20.97 Nasdaq +19.13 S&P +3.88 (IWon - Money)
[BRIEFING.COM] The stock market gives up some gains with seven of the ten sectors now trading with a loss. The Nasdaq Composite continues to outperform.
2008-01-24 09:46:15 -
Grand Jury That Indicted Texas Justice, Wife Not Properly Empaneled
Law.com - In speaking with reporters after the hearing, Harris County DA Chuck Rosenthal said that in addition to the Medina indictments, the holdover grand jury issued about 30 indictments stemming from a mortgage fraud investigation, and the DA's ...
2008-01-23 07:34:00 -
Assets seized after settlement - Lurgan Mail
Assets seized after settlementLurgan Mail, UK - 1 hour ago... said the action had been settled on the basis that there had been alleged tax evasion and mortgage fraud as the result of the action of third parties. ...
2008-01-24 06:58:32 -
SocGen fraud separate from market: France's Lagarde - Reuters
SocGen fraud separate from market: France's LagardeReuters - 1 hour agoPARIS (Reuters) - French Economy Minister Christine Lagarde said on Thursday that the losses suffered by Societe Generale as a result of fraud should not be ...
2008-01-24 07:01:21 -
Futures Trader Defrauds French Bank of $7 Billion - Voice of America
Futures Trader Defrauds French Bank of $7 BillionVoice of America - 1 hour agoThe bank says the trader has confessed to the fraud and is being dismissed. The bank is also firing top executives responsible for supervising the so far ...
2008-01-24 07:12:15 -
Futures Trader Accused in $7B Bank Fraud - Washington Post
Futures Trader Accused in $7B Bank FraudWashington Post, United States - 1 hour agoSociete Generale -- France's second largest bank -- said it uncovered a "massive" $7.14 billion fraud carried off by a futures trader who duped investors ...
2008-01-24 07:12:37 -
Wall Street Opens Strong Following Positive Corporate Earnings - AHN
Wall Street Opens Strong Following Positive Corporate EarningsAHN - 1 hour agoThe bank also announced that it could register losses up to $7.1 billion (4.9 billion euros) due to a case of an "exception fraud", according to reports. ...
2008-01-24 07:31:48 -
US Stocks Add To Gains - Forbes
US Stocks Add To GainsForbes, NY - 1 hour agoOne of the day's biggest stories came from across the pond, as French bank Societe Generale (other-otc: SCGLY - news - people ) announced a massive fraud in ...
2008-01-24 07:47:51 -
Fraudulent Trader Costs French Bank Societe General Over $7 Billion [] - RTT News
Fraudulent Trader Costs French Bank Societe General Over $7 Billion []RTT News, NY - 1 hour agoThe case of fraud is history's largest, bigger than even a similar case that brought down banking giant Barings in the mid-1990s. ...
2008-01-24 07:48:02
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