Goldman funds take 21% stake in Eurotunnel (at FT.com)
The company that runs the undersea tunnel between England and France is to have a large institutional shareholder for the first time in two decades after two funds managed by Goldman Sachs opted to convert their bonds in Groupe Eurotunnel into shares. us.rd.yahoo.com |
Should Strangers Be Able To Profit From Your Death?
Widow's $56 million lawsuit imperils macabre, profitable insurance practice. forbes.com |
MELTDOWN FLASHBACK: Wednesday, Sept. 17, 2008 (AP)
The government's $85 billion rescue of American International Group is supposed to prevent a global cascade of bank failures. But no one is feeling relaxed Wednesday. us.rd.yahoo.com |
Government probes banks on sale of risky securities: report (Reuters)
U.S. regulators and legislators are investigating whether Wall Street investment banks deliberately sold risky structured securities to clients, and then bet on the securities failing, The New York Times reported on Wednesday. us.rd.yahoo.com |
Surprising Earnings Results
Consensus estimates can send stocks spiraling--but are they representing reality? forbes.com |