The Microhoo saga has attracted a who's who list of investors to Yahoo in a big bet that Carl Icahn will force some sort of "shareholder value." The latest investing star to enter the Microhoo sweepstakes is T. Boone Pickens, a legendary oil investor, has bought 10...
SAN JOSE, California AFP — The San Jose Sharks signed veteran defenceman Rob Blake to a one-year contract on Thursday. Financial terms were not disclosed, but Canadian broadcaster TSN reported Blake, 38, will receive five million dollars in 2008-09. In 71 games last season with the...
IN "MICROLOAN SHARKS," JONATHAN C. LEWIS attacks what he sees as greed and profiteering in microfinance-an industry celebrated for its potential to alleviate poverty. We are struck by the similarities between these foreign "banks gone wild" and the financial institutions here in the United States that got rich quick by...
KEEP YOUR calendar open. The Delaware River Port Authority is planning a public meeting to help it decide how deep to gouge us. It is grappling with the issue of whether the toll for crossing DRPA's four Delaware River spans should be expensive or exorbitant. You know it's a tough...
"A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain." -- Mark Twain SAN FRANCISCO -- A recent survey released by the Federal Reserve found that about half of U.S. banks are tightening...
TOULOUSE, France AFP — France international fly-half Frederic Michalak has signed a three-year deal with his former club Toulouse, according to the French Top 14 club's website Thursday. Michalak left Toulouse, for whom he had played the past six previous seasons, last year to join South African Super-14...
Five ways to put the brakes on predatory lending. 'What happens to a dream deferred?" Langston Hughes asks in his classic poem "Harlem." Whether it is the dream of owning a home, paying for college, or making that final payment on a car, when the way of...
House prices falling, markets tumbling, mortgages vanishing, redundancies looming... As the economy lurches from one crisis to the next, even hedge-fund sharks are struggling to understand what's really going on. But fear not:Sean O'Grady can steer us all through the jargon-infested waters Credit crunch. It has started...
FOLKS on Humphrey Hill Drive were still waking up on the icy Saturday morning the shark hunters came to town. They rounded the suburban traffic circle in a pair of rented school buses after a half-hour ride from far more modest neighborhoods, rumbling to a stop...
When seeking advice, avoid playing minnow to the sharks. Needed: 50,000 new financial planners, and in a hurry. Boomers are reaching pre-retirement and retirement age, and, often, they’re clueless about what to do with their money now. They’re eager for help with decisions that could make or break...
SAN FRANCISCO AFP — An entrepreneur has turned the tables on venture capitalists by creating TheFunded, an online community where heads of start-ups expose devils and saviors in the world of moneyed investors. Adeo Ressi founded the unprecedented online forum in March of last year to show entrepreneurs...
Utah regulators want to require "payday lenders" to disclose more data that may help show whether they are fair firms offering emergency cash to those with poor credit or are essentially legalized loan sharks that trap the unwary into spiraling debt. "Additional data collection is probably warranted...
OAKLAND -- San Jose Arena Management, an affiliate of the San Jose Sharks hockey team, will manage the Oakland Ice Center for three years and two months if the City Council finalizes a contract tonight that it agreed to in principal earlier this year. Supporters of...
OAKLAND -- San Jose Arena Management, an affiliate of the San Jose Sharks hockey team, will manage the Oakland Ice Center for three years and two months if the City Council finalizes a contract tonight that it agreed to in principle earlier this year. Supporters of...
Focusing on competing with other credit unions when there are so many other sharks in the financial services ocean has shifted credit unions away from the very thing that makes them a fish of a different hue: cooperation. That was the message from Texas Credit Union League CEO...
SAN JOSE, United States AFP — Jeremy Roenick, who just two months ago said he would retire, isn ready to go just yet. Roenick on Tuesday signed a one-year contract with the San Jose Sharks. Financial terms were not disclosed. The 37-year-old American Roenick, who is...
SAN JOSE -- Sharks left wing Milan Michalek became one of the most financially secure 22-year-olds in the NHL on Friday, signing a six-year, $26 million contract extension. Much of that reflects Michalek's play last season. He had 26 goals and 66 points, worked his way...
Every summer we see the same thing: someone gets bitten by a shark. The TV reporters rush down to Florida to get as much footage as they can. Then back in the studio someone at CNN gets some oceanographer on the air to put things in perspective. Yes, a shark...
WHEN her husband drops dead out of the blue, Agnes Browne and her seven children are thrown into turmoil. The family face financial ruin in poverty-stricken sixties' Dublin. The only way out seems to be to borrow from the local loan shark...
Byline: Brendan Swift Jul 02, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Reserve Bank of Australia's assistant governor, Philip Lowe, has addressed a consumer credit card summit. Lowe said the central bank is not concerned that some merchants are...
Articles 2007-07-02
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