| First Bank of Kansas City closes; Great American Bank takes over The Missouri Division of Finance closed First Bank of Kansas City on Friday and appointed the Federal Deposit Insurance Corp. as the bank's receiver. feeds.bizjournals.com |
8 years prison, $67.4M restitution for Del Biaggio Venture capitalist and former co-owner of the San Jose Sharks, William "Boots" Del Biaggio III, has been sentenced to eight years in prison and more than $67.4 million in restitution for misappropriating funds from individual investors he advised. feeds.bizjournals.com |
Volatility gives food for thought (at FT.com) After the party, the hangover. The commodities boom of 2003-08 was the most notable for a century and the bust was just as spectacular. us.rd.yahoo.com |
Apollo Investment plans to sell 10 million shares (AP) Apollo Investment Corp. said Tuesday it planned to sell 10 million shares of common stock to the public and use the proceeds to pay down debt. us.rd.yahoo.com |
AIG, Morgan Stanley latest in spotlight over pay (at MarketWatch) Compensation practices at AIG and Morgan Stanley make headlines as Wall Street pay packages continue to draw sharp public scrutiny after the financial bailout. us.rd.yahoo.com |