Tag: ubs
Business Leaders ‘Encouraged’ by Obama Talks
by Danny King on Dec.15, 2010, under Towing
The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration. But what will the talks actually accomplish?
Continue reading Business Leaders ‘Encouraged’ by Obama Talks
Business Leaders ‘Encouraged’ by Obama Talks originally appeared on DailyFinance on Wed, 15 Dec 2010 18:45:00.
Filed Under: Company News, Economy, Boeing, UPS
The Fed’s Commercial Paper Buying Knew No National Boundaries
by Dawn Kawamoto on Dec.08, 2010, under Towing
During the heat of the financial crisis, Ben Bernanke’s Federal Reserve doled out a mountain of money to keep the damage from getting any worse. But if you think American companies were the biggest beneficiaries of this largess, you’d be wrong.
Continue reading The Fed’s Commercial Paper Buying Knew No National Boundaries
The Fed’s Commercial Paper Buying Knew No National Boundaries originally appeared on DailyFinance on Wed, 08 Dec 2010 12:30:00.
Filed Under: Economy
Some Madoff Victims Pursued by Trustee for Damages
by Hugh Collins on Dec.07, 2010, under Towing
Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients.
Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff’s giant Ponzi scheme, withdrawing more than they invested, CNN reported. He’s seeking damages on behalf of those who lost money on their investments.
Some of those he is suing had no idea Madoff was a…
Continue reading Some Madoff Victims Pursued by Trustee for Damages
Some Madoff Victims Pursued by Trustee for Damages originally appeared on DailyFinance on Tue, 07 Dec 2010 06:42:00.
Madoff Trustee Sues UBS for $2 Billion
by Hugh Collins on Nov.24, 2010, under Towing
The trustee representing investors cheated by Bernie Madoff sued Swiss bank UBS (UBS) for $2 billion.
The suit alleges that UBS collaborated with Madoff’s Ponzi scheme, The Associated Press reported. The suit alleges 23 counts of financial fraud and misconduct by UBS and related entities and individuals and seeks to recover $2 billion for Madoff’s victims.
UBS assisted the Ponzi scheme, the…
Continue reading Madoff Trustee Sues UBS for $2 Billion
Madoff Trustee Sues UBS for $2 Billion originally appeared on DailyFinance on Wed, 24 Nov 2010 09:04:00.
Filed Under: Company News, People, Investing, Credit
IRS Drops Tax Case Against UBS and Swiss Government
by Dawn Kawamoto on Nov.17, 2010, under Towing
The IRS has stopped its investigation into tax evaders holding money in UBS accounts after reaching a settlement with the bank and the Swiss government.
Continue reading IRS Drops Tax Case Against UBS and Swiss Government
IRS Drops Tax Case Against UBS and Swiss Government originally appeared on DailyFinance on Wed, 17 Nov 2010 10:40:00.
Filed Under: Company News, Taxes
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