Wall Street Still Flying Corporate Jets
news.yahoo.com — Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded.More… (Business & Finance)
AP Study Finds $1.6B Went to Bailed-Out Bank Execs
nytimes.com — Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.More… (Business & Finance)
7 Rules for Making a Good Impression in Business
businessweek.com — Among the seven suggestions: Respond to e-mails within 24 hours. And don't use business cards as cues to bombard new contacts with pitchesMore… (Business & Finance)
Man Pays $21K Property Taxes In Coins
wftv.com — A Floyd County man showed up at the city-county building in New Albany to pay his property taxes with more than $21,000 in coins.More… (Business & Finance)
How To Survive The Coming Credit Card Crisis
forbes.com — Plastic is shaping up to be the next chapter in the financial meltdown. What you need to know.While the economy tumbles and the government rushes to help stop the housing crisis, another danger is lurking--in your wallet.More… (Business & Finance)
Top 9 Good Habits For A Deep Recession
consumerist.com — For many of us, this is the first recession where we are responsible for our own financial well-being. How should we react? What habits are important during a long, deep recession?More… (Business & Finance)
socialmedian Inc. Purchased by XING
blog.socialmedian.com — socialmedian is being acquired by XING of Hamburg, Germany. "This is great news for socialmedian's members as XING is committed to growing and developing socialmedian both as a standalone service as well launching integrated socialmedian services on XING, one of the leading online business networks in the world."More… (Business & Finance)
How to spend $350 billion in 77 days (Bail Out)
money.cnn.com — In two-and-a-half months, the Treasury has used up half of the money from the Troubled Asset Relief Program. Here's how it came and went so fast. President Bush has grudgingly allowed General Motors and Chrysler to drive away with the last few billion bucks in Treasury's TARP till, which boasted $350 billion a mere 77 days ago. More… (Business & Finance)
Panasonic to Acquire Sanyo Electric
news.cnet.com — Panasonic announced Friday it plans to acquire Sanyo Electric in a deal valued at 800 million yen ($8.9 billion), giving the electronics giant a leg up in the rechargeable battery business. More… (Business & Finance)
Paulson: Congress Should Release Rest Of TARP
online.wsj.com — Paulson wants Congress to release the second half of the $700 billion financial rescue package, setting up what is expected to be a bruising dialogue with lawmakers from both parties. More… (Business & Finance)
Crackdown on credit card practices OK'd
money.cnn.com — The Federal Reserve Board, the Office of Thrift Supervision and the National Credit Union Administration approved regulations to rein in controversial credit card practices. These regs are expected to take effect by July 2010. The new rules prohibit banks from certain practices like applying interest payments in ways that maximize penalties.More… (Business & Finance)
Uncle Sam Screwed to the Tune of $17 billion in Ponzi Scheme
hosted.ap.org — Even Uncle Sam may get burned by Bernard Madoff. Investors who lost their fortunes in Madoff's alleged Ponzi scheme will end up paying far less in taxes and may even be eligible for refunds, according to accounting experts. By some estimates, the Internal Revenue Service could be out as much as $17 billion in lost tax revenue.More… (Business & Finance)
The Art of Getting Paid to Wear Shirts
latimesblogs.latimes.com — The premise is simple: Companies pay him to wear their T-shirts. Sadler, 26, will don a different shirt every day next year, promoting a variety of companies, from Web start-ups to online clothing stores.More… (Business & Finance)
CNN.com: The $54 million pants suit unravels again
cnn.com — A court Thursday rejected an appeal filed by a former administrative law judge who sued a dry cleaners for $54 million over a missing pair of pants. The District of Columbia Court of Appeals "ruled resoundingly in favor of the Chung family and denied Mr. Roy Pearson's appeal of the case completely," said an attorney for the Chung family.More… (Business & Finance)
I Just want to keep my house
msnbc.msn.com — what happened to Vickie Lewis could happen to anyone: She got sick, lost her job and fell behind on her house payments. So for the past four years, Lewis, 48, has seen her name on dozens of legal documents and spent hours in court as her mortgage holder, Washington Mutual Bank, pursued foreclosure on the only home she has ever owned.More… (Business & Finance)