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Oct. 4 (Bloomberg) -- Treasury Secretary Henry Paulson is hiring as many as 10 asset-management companies to join the lawyers and bankers he is recruiting to kickstart the government's new $700 billion bank-rescue program. The Treasury began ...

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Treasury to Hire Asset Management Firms to Jumpstart Rescue - Bloomberg

The message is usually "Guys, I'm a regular, family man", but occasionally it is "Look, isn't my wife young and hot?" Other bosses display photos of themselves with the rich and influential – a slap on the back from Tony Blair, a shared joke with ...

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What to give the client who has everything? A banana - Daily Telegraph

11 hrs ago: US to buy stake in banks; first since Depression 14 hrs ago: US to buy stake in banks, first since Depression Treasury Secretary Henry M. Paulson Jr., speaks during a news conference, Friday, Oct. 10, 2008, in Washington. Paulson said the ...

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World powers pledge to combat credit crisis - San Francisco Examiner

PARIS, Oct 11 (Reuters) - Leaders of the euro zone countries will discuss the possible creation of a bank rescue package which will take Britain's initiative as a reference when they meet on Sunday, a source close to the French presidency said. The ...

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Eurozone leaders mull EU-wide rescue package-source - Forbes

T HIS market crisis is like nothing I have reported on, and I have covered some doozies: the long, painful market slump in the 1970s that followed the 1973 oil price shock, the October 1987 market crash, the Long Term Capital Management crisis in ...

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Bottom looms for climactic panic attack - The Age

Before the turbulent economy sends you running into the arms of a financial advisor, make sure you know all your options. In addition to the various types of financial advice on the market, there are myriad ways advisors get paid for their services ...

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Be careful in choosing an advisor - Miami Herald

WASHINGTON : It will be one of the world's largest asset management firms, with an impressive $700 billion war chest. Nothing short of the global economy depends on its success. And the U.S. Treasury Department has barely a month to get it up and ...

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With bailout passed, Treasury now must figure out how to make it work - International Herald Tribune

Just when it seemed that things couldn't possibly get any worse for the U.S. government-controlled insurer American International Group , they did. The insurer has already burned through most of the loan it secured in a government bailout last month ...

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AIG Decides Its Too Big To Succeed - Forbes

WASHINGTON (AP) _ Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions. Paulson said the program to purchase stock in financial institutions will be open to a ...

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Paulson announces government will move ahead with plan to buy stock in ... - Chicago Tribune

The Rhinelander branch of Smith Barney is about to close its doors for good. Alex Samuelson, chief communications officer for Smith Barney in New York, has confirmed the company’s decision to close the office. “We make real estate and capacity ...

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