NEW YORK (AP) -- In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. Others contend ...
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LONDON: Three hundred workers at Jaguar and Land Rover factories in Britain have signed up to stay off work, taking advantage of an innovative scheme offered by owners Tata, according to a report on Saturday. Managers at Jaguar's Castle Bromwich ...
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Economists estimated Friday that state tax revenues are a further $1.4 billion below a previous dire prediction of decline in August. The deficit for the current fiscal year now stands at an estimated $2.3 billion. After two years of budget trimming ...
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John Terry embraces the young lions after scoring the decisive goal in England's 2-1 win over Germany last week Photo: Michael Sohn/AP Had England flopped without Wayne Rooney, Emile Heskey, Frank Lampard, Steven Gerrard, Rio Ferdinand, Ashley Cole ...
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In this Nov. 17, 2008 file photo, an office tower bearing the Citigroup logo is seen beyond a cemetery in the Queens borough of New York. Shares of Citigroup Inc. climbed in premarket trading Friday, as the financial giant was said to be looking at ...
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A dozen teenagers gathered their swivel chairs around a conference table on a recent afternoon and talked about the credit crisis, or more specifically, how to avoid one of their own. After agreeing that too much debt could lead to a life of ...
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However, the president and chief executive officer of Denver-based CoBank, a leading cooperative bank serving agribusinesses and rural utilities, said Friday it all comes down to one systemic problem: lack of leadership. Robert Engel said the need ...
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