Finance
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Goldman says U.S. stocks primed for takeoversOct 13, 2009 11:00 pm - Mergers and acquisitions among U.S. companies are poised to rise, according to Goldman Sachs Group Inc., which said shares are cheap and executives have cash. "Stocks lo...
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Grayslake author tackles economic issuesOct 12, 2009 11:00 pm - Author John Wasik of Grayslake looks at writing in different ways. "Writing a column is like a sprint, you do it in a specific period of time," he said. "But writing a ...
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Next asset bubble could come sooner than you think
Oct 08, 2009 11:00 pm - NEW YORK -- The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ano...
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Union votes to save Sun-Times, suburban papersOct 07, 2009 11:00 pm - Union members tentatively approved contract concessions Wednesday with the goal of saving the Chicago Sun-Times, at least seven suburban dailies and dozens of weekly com...
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Firm gives Citigroup execs good marks, report says
Oct 07, 2009 11:00 pm - NEW YORK -- An independent consulting firm has given Citigroup Inc.'s management team a good review, but the embattled bank could see more changes among its top ranks, ...
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Report says Goldman in talks to amend CIT loan
Oct 05, 2009 11:00 pm - NEW YORK -- Goldman Sachs Group Inc. is said to be in discussions with CIT Group Inc. about potentially amending a $3 billion loan to the troubled lender. Under terms o...
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Mortgage rates dip below 5 percent
Sep 30, 2009 11:00 pm - McLEAN, Va. -- Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year's record low, Freddie Mac said T...
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FDIC insurance plan is no long-term solution
Sep 29, 2009 11:00 pm - WASHINGTON -- A plan that regulators proposed Tuesday to have banks prepay $45 billion in insurance premiums won't provide a long-term fix for the shrinking fund that i...
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BofA sells some asset management ops to Ameriprise
Sep 29, 2009 11:00 pm - NEW YORK -- Bank of America Corp. said Wednesday it is selling the long-term asset management business of one of its units to Ameriprise Financial Inc. Ameriprise, a fin...
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Hedge fund COO Vellanti dies in fall from escalatorSep 28, 2009 11:00 pm - James Vellanti, chief operating officer of hedge fund JNF Asset Management LLC in New York, died after accidentally falling from an escalator at The Pier Shops at Caesar...