Friday 31 December 2010

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Ex-autos czar Steven Rattner to apologize, pay $10 million to settle charges - Washington Post
The settlement is the last part of a broad investigation into corruption at the state's $135 billion public pension fund. The probe has led to a number of criminal charges and eight guilty pleas to date. "The state pension fund is a valuable asset held in
Source: www.washingtonpost.com

Wall Street Slips a Little as Year Nears an End - New York Times
Shares on Wall Street wandered out of the gate on Thursday, brushing aside some positive economic news on lingering concerns over the housing market. The Labor Department reported that initial filings for unemployment insurance last week fell to 388,000
Source: www.nytimes.com

Seoul shares fall 0.4 pct on China rate hike; autos slide - CNBC
SEOUL, Dec 27 (Reuters) - Seoul shares edged lower on Monday amid year-end thin volume and weighed down by a surprise decision by China's central bank to raise interest rates on Christmas day, a move that hurt automakers including Hyundai Motor. The Korea
Source: www.cnbc.com

Autos Lead European Stocks Lower - Wall Street Journal
LONDON—Auto stocks drove European stock markets lower as investors fretted about the impact of China's weekend interest-rate increase on vehicle demand. The Stoxx Europe 600 fell 0.8% to 279.18, while the DAX dropped 1.2% to 6970.73, its lowest close
Source: online.wsj.com

Ex-autos czar Steven Rattner to apologize, pay $10 million to settle civil charges - Washington Post
The settlement caps a protracted and acrimonious confrontation between Rattner, a star in the worlds of journalism, finance and politics, and Cuomo, a high-profile critic of Wall Street, who will become governor of New York on Saturday. At the center of
Source: www.washingtonpost.com

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