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News
Treasury to Support a Frozen Money Fund (New York Times)
In an unusual step, the Treasury Department said it was prepared to buy assets from a troubled money market mutual fund that has been frozen for more than two months.
Money stolen from elderly woman (BBC News)
A sum of money is stolen from an elderly woman after a man calls to her house pretending to be from BT.
Australia, Japan Money Costs Rise; Banks Hoard Amid Bond Risks (Bloomberg)
Nov. 21 (Bloomberg) -- Australian funding costs rose by the most in almost a month and Japanese money rates advanced as lenders hoarded cash on concern the deepening global recession will cripple companies' capacity to pay back debt.
US agrees to bail out money market fund (AFP via Yahoo! News)
The US Treasury announced Thursday a rescue of a money market fund operated by investment manager The Reserve, with some 6.3 billion dollars in assets.
REBATE MONEY IS THERE: BILL (New York Post)
Comptroller Bill Thompson yesterday rejected Mayor Bloomberg's claim that there's no cash for property-tax rebates, saying the money could come from nearly $2 billion that the city is rolling over into the next fiscal year. "The money is there. It...
‘Daisies,’ ‘Eli Stone’ ‘Sexy Money’ get yanked (MSNBC)
ABC has decided against giving full-season orders to “Pushing Daisies,” “Dirty Sexy Money” and “Eli Stone,” but is not officially saying that the struggling shows are canceled.
Madonna split 'not about money' (BBC News)
Guy Ritchie tells a newspaper that discussion over the terms of his divorce from Madonna "was never, ever about money".
Treasury to prop up money market fund (The Washington Times)
The Treasury Department on Thursday said it is prepared to buy assets from a troubled money market mutual fund, part of an effort to prevent further disruptions to already fragile financial markets.
Money fund assets rose $43.88B in latest week (AP via Yahoo! Finance)
Total money market mutual fund assets rose by $43.88 billion to $3.681 trillion for the week, the Investment Company Institute said Thursday.
Levitt still raising money for Boys and Girls Clubs (The Des Moines Register)
Des Moines philanthropist Maddie Levitt’s challenge to raise money for the Boys and Girls Clubs of Central Iowa has lived on since her death.
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