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Wis. pension agency clamps down on pricey flights

The agency that manages Wisconsin's pension fund has tightened its travel policy to discourage employees from taking expensive business-class flights, a practice that had become routine in recent years.

Soros hedge fund takes stake in Ford Motor

Soros Fund Management LLC, the hedge fund run by billionaire investor George Soros, increased its holdings in U.S. stocks to $6.2 billion from $4.2 billion and bought a stake in Ford Motor Co.

NM lawmaker offers budget fix using endowment fund

A Democratic legislative leader wants to tap into a nearly $9 billion state endowment fund to help solve New Mexico's budget problems.

US banks prepaying $45B in insurance fees

U.S. banks will prepay about $45 billion in premiums to replenish a federal deposit insurance fund now in the red, under a plan adopted Thursday by federal regulators.

Feds: 14 charged in insider trading case

Two attorneys and Wall Street professionals were among 14 people charged Thursday in a widening $53 million insider trading case that has snared one of America's richest men and shown white collar suspects to be using the cover-up tactics of drug dealers.

Justices seem unwilling to get involved in fees

Several Supreme Court justices seemed unsympathetic Monday to calls for the courts to get involved in reining in what investors are calling "excessive" fees on mutual funds, a popular investment vehicle for millions of Americans.

NY delays state workers' retirement fund payment

New York officials are forgoing an 8 percent discount on their nearly $1 billion payment to the pension fund for state workers, opting instead to pay later.

Victims of Sri Lankan rebels sue billionaire in NJ

A billionaire hedge fund manager charged in a $25 million insider trading case was sued by victims of violence in Sri Lanka who say he helped finance separatist rebels notorious for suicide bombings.

Vanguard temporarily closes fund to new investors

Investment manager and mutual fund company Vanguard on Friday said it is temporarily closing its top-performing fund for 2009 to new investors.

A look at mutual fund ad research

University researchers have concluded a two-year-old rule requiring equal disclosure of mutual fund expense information alongside performance data may not lead to better decisions by consumers, who tend to ignore the importance of expenses. Here's some information on the study and its findings:

Study: Investors ignore fund costs, at their peril

A study by university researchers suggests the adage about horses not drinking even if you lead them to water is also true of mutual fund investors.

FDIC insurance plan is no long-term solution

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 insures bank deposits.

Fallen money-market fund makes $1B distribution

A money-market mutual fund that held more than $60 billion before it notoriously "broke the buck" a year ago said Wednesday it will hand out $1 billion in a fifth distribution to investors from the fund's remaining assets.

FDIC chief considers tapping Treasury for funds

The chairman of the Federal Deposit Insurance Corp. says she is "considering all options, including borrowing from Treasury," to replenish the dwindling fund that insures bank deposits.

Bank insurance fund down 20 percent in 2Q

The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster its insurance fund, which fell 20 percent to $10.4 billion in the second quarter.

Calif. hedge fund manager pleads guilty to fraud

The founder and manager of two Beverly Hills hedge funds has pleaded guilty to federal fraud charges.

China fund lost 2.1 pct on global portfolio in '08

China's sovereign wealth fund said Friday it lost 2.1 percent last year on its global portfolio and defended its performance as being better than other such funds amid worldwide financial turmoil.

NY pension fund begins rebound

New York's public pension fund reports regaining some of the value it lost in last year's Wall Street meltdown and national recession, growing to $116.5 billion in the quarter that ended in June.

Some of the states that have raided 911 funds

Some of the states that have raided the funds collected from cell phone bills for "E911," or enhancements to the 911 system:

Fees for 911 service, by state

States collect varying amounts from wireless bills every month to fund 911 service. In some states, the fees vary by county, or are based on a percentage of the phone bill.

Answer Desk: California’s budget mess

The budget mess in California has readers in that state wondering: So just where does my tax money go, anyway? Unraveling that question helps explain why the Golden State's financial problem has so far defied a solution.

Investors return to mutual funds in 2nd quarter

Investors shook off some of their caution in this year's second quarter amid a rising market, shifting the largest amount into stock and bond mutual funds in more than two years, a fund industry consultant reported Tuesday.

Treasury OKs 3 firms for mortgage relief program

The Treasury Department said Tuesday that it has approved three more firms for its mortgage relief program.

Fugitive commodities trader charged in $312M fraud

A fugitive businessman was charged in a federal indictment unsealed Tuesday with swindling hundreds of investors out of $312 million with bogus claims about profits he made in the commodities futures trading markets.

Ill. public defender seeks money for capital cases

The nation's second-largest public defender's office has run out of money to represent dozens of people facing the death penalty and is asking judges to rule out the punishment or appoint private attorneys, officials said Wednesday.

The Vine
House Dems clear hurdle on health bill - Health care reform- msnbc.com
Source: msnbc.com

Capping months of struggle, Democrats in the House of Representatives cleared an abortion-related impasse blocking a vote on sweeping health care legislation late Friday and officials expressed optimism they had lined up the support needed to pass President Barack Obama's top dom …

City could end Transit Authority funding
Source: muskogeephoenix.com

The Muskogee City Council took no action Monday night on a proposal to fund the Muskogee County Public Transit Authority for the remainder of this fiscal year.

NPR Gets $3 Million Grant For Hyper-Local News Initiative
Source: TechCrunch

NPR has received $3 million in funding to launch a new journalism project that will focus on providing in-depth, hyper-local coverage on community-specific issues on an online platform.

Under fire, Democrats abandon ACORN in droves :: Byron York
Source: washingtonexaminer.com

Back in February, during the Democrats' frenzied rush to pass the $787 billion economic stimulus bill, Republican Sen.

Teachers could earn more under plan
Source: USA Today

States that want a piece of the Obama administration's $4.35 billion Race to the Top Fund for schools must hew to internationally benchmarked academic standards and let schools pay teachers and principals more if they work in hard-to-staff schools — or if student scores improve …

Confirmed: Pandora Raises A Huge Round, Post Streaming Rate Agreement
Source: TechCrunch

With its potential troubles behind it, having reached a deal to stream music while staying afloat financially, it looks like Pandora is getting flush with cash.

Article - WSJ.com
Source: Wall Street Journal

Fund Manager try to use their influence to block sale of Chrysler

IMF Manipulating Gold in Power Grab
Source: NewsMax

A leading economist believes the International Monetary Fund (IMF) is "manipulating" the financial troubles of emerging and low-income nations to grab more capital for itself, and to keep the nearly defunct global lending bureaucracy alive for years to come.... But, Shelton argu …

How You Can Save More Money When Money Is Tight
Source: Fox News

Please leave your comment at the bottom of this page...Thanks and Have a Great Day...and Please vote

Unbelievably, RNC Out-Fund Raises DNC
Source:

The RNC out fund raises the DNC despite the Bush-tainted GOP- is Time Kaine stretched too thin?

Japan's $7.7b green loans
Source: Straits Times Interactive - SINGAPORE

HORSHAM (England) - JAPAN announced a US$5 billion (S$7.7 billion) loan fund on Saturday to help developing nations, hard hit by the global credit crisis, to put in place running water, solar power systems and other environmental infrastructure.

New push to restore free college courses in prison
Source: NY Daily News

Excerpt: Education advocates want state-funded college courses - yanked more than a decade ago - restored for prison inmates. Despite gaping holes in the state budget, educators argue the classes save money by turning prisoners into taxpaying workers upon release.

Obama inherited a fiscal disaster. Now what? | csmonitor.com
Source: Christian Science Monitor

George W. Bush's gift to Americans, "Wrapped with a bow".

A Call to NewsVine for Help! It's Time for an Energy Power Shift!

I am organizing a campaign at my university to send as many of my fellow students as possible to an event in Washington DC for free.

Forex Software Reviews for 2009
Source: Forex Software Reviews

There's Money to be Made Right Now Trading the Forex Because of the Market's Wild Swings. Below are 6 Products That Could Help You Cash in.Below we've reviewed a handful of products that offer value to people wanting to make money with forex investing.

Entertainment Deals Could Be Paying For Casey's Defense AND DEFENSE SEEKING CHANGE OF VENUE HEARING
Source: WFTV.com

ORANGE COUNTY, Fla. -- Eyewitness News uncovered bold new allegations that secret entertainment deals could be helping to pay for Casey Anthony's defense.

Could Lee Anthony face charges?
Source: MyFoxOrlando

ORLANDO, Fla. (WOFL FOX 35) -- Casey Anthony sits behind bars, charged with the murder of her daughter, Caylee Marie. Now, the attorney representing Casey's brother, tells MyFoxOrlando.com that Lee Anthony may also face charges.

Mich. Woman Sends $20 To Casey Anthony
Source: ClickOnDetroit.com

CLAWSON, Mich. -- As a court battle continues in Florida for Casey Anthony, the mother behind bars accused of killing her daughter, a local woman has sent money to Anthony's personal jail fund.

Madeoff moved money to avoid USA taxes then lied to FED "It was a Ponzi Scheme!
Source: Jeff Rense Program

Sources say that most of his and his clients wealth were gained through issuing subprime mortgages to unqualified borrowers and then tranching the mortgages into CDOs and circulating the CDOs among US pension funds including GM, GE, IBM and Califorina's State pension fund.

SEC Tipped Off About Madoff / Did Nothing
Source: The Washington Post

The SEC had the authority to investigate Madoff's investment business, which managed billions of dollars for wealthy investors and philanthropies.

Bank Freeze Leaves Hundreds of Colleges Cut Off From Short-Term Funds - Chronicle.com
Source: The Chronicle of Higher Education

A Wachovia bank freeze has left many colleges unable to function as they're accustomed -- numerous colleges invest money in short-term investments and use the funds as a high-interest checking account.

Bill Maher's Nasty Circus of the Stars :: Bill Steigerwald
Source: townhall.com

As Bill Maher watched Roseanne Barr deliver her inane rant on the Sept. 12 "Real Time With Bill Maher," it looked -- for half a millisecond -- that he, too, realized what a fool she was making of herself.

Detroit auto execs ask Pelosi to fund loan program -
Source: News Impact - MLive.com

Why not?!? We [the taxpayers] are bailing out everyone else.

John Fund on Voter Fraud:
Source: National Review Online

ur nation may be on the brink of repeating the 2000 Florida election debacle, but this time in several states, with allegations of voter fraud, intimidation and manipulation of voting machines added to the generalized chaos that sent our last presidential contest into overtime.

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