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Sponsores say Games were money well spent (Reuters via Yahoo! UK & Ireland News) Sponsors of the Beijing Olympics have spent hundreds of millions of dollars for 16 days in the spotlight and they reckon it was money well spent to get a foothold in the huge Chinese market. Swiss Authorities Close Bhutto Money Laundering Probe -Report (Nasdaq) GENEVA (AFP)--Swiss authorities on Monday closed a long-running probe into alleged money laundering against Benazir Bhutto, the former Pakistani Prime Minister who was assassinated in December, and her husband, Swiss news agency ATS reported. Swiss engineers, a nuclear black market and the CIA (International Herald Tribune) A CIA deal with a family of Swiss engineers helped end Libya's nuclear bomb program, reveal Iran's atomic labors and undo Abdul Qadeer Khan's black market, officials said. Money market survey (Lexington Herald-Leader) The online service Bankrate.com said its survey of 100 financial institutions in the nation.s 10 largest markets showed that the annual percentage yield available on money market accounts was unchanged from the previous week at 0.71 percent. Bankrate Inc. said the annual percentage yield available on interest-bearing checking accounts was .unchanged at 0.20 percent. Bankrate.com said the ... ECB to tighten collateral rules (International Herald Tribune) Yves Mersch, a member of the ECB policy council, has said the bank will announce changes to its money-market rules in coming weeks to head off the risk of abuse by financial institutions. Akron market employee takes would-be robber's gun (Akron Beacon Journal) An employee at an Akron market wrestled a handgun away from a would-be robber last week before the man was able to get any money. Ignore Stock Market Volatility (Portfolio.com via Yahoo! Finance) Jim Surowiecki has a great line this week, in his column on stock-market volatility: For now we're stuck in a Yeatsian market: the best lack all conviction, while the worst are full of passionate intensity. The Motley Fool: Keep money for short-term goals out of stock market (The Columbus Dispatch) Q: How should I invest money I'll need within a few years to buy my first home? Bunds bounce back; money mkt stress lingers (The Economic Times) Euro zone government debt prices rose on Monday, rebounding from two-week lows hit the previous session as equity markets gave back some of their sharp gains and money market strains continued to loom large on investors. Grove's Twiggy House on the market (Miami Herald) W ant the skinny on the Twiggy House? The narrowest dwelling in Coconut Grove just went on the market. It went into foreclosure when the owner realized he had spent real house money for a double-wide concrete trailer. |
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