Bank of America, Legg Mason Prop Up Their Money Funds (Update6) (Bloomberg.com)


Nov. 13 (Bloomberg) — Bank of America Corp., Legg Mason Inc. and at least two other companies are propping up their money-market funds to cushion them against possible losses on debt issued by structured investment vehicles.

GE Money and Thomasville Furniture Industries Extend Consumer Finance Program (Finanzen.net)
GE Money and Thomasville Furniture Industries today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Thomasville credit card program, issued through GE Money s Sales Finance unit, …

'Despicable' thieves take poppy money - London Free Press

'Despicable' thieves take poppy money
London Free Press, Canada - 4 hours ago
But I guess somebody figures they need the money more than the veterans. Anyone with information regarding the identity of the suspects is asked to

Money market funds - Financial Times (subscription)

Money market funds
Financial Times (subscription), UK - 3 hours ago
And then there is the pledge by money market funds not to break the buck or allow net asset value to fall below face value, meaning losses for investors

Dorchester Co. sheriff criticized for spending jail money on police chiefs (WIS News 10 Columbia)
CHARLESTON, SC (AP) - The Dorchester County sheriff is being criticized for using jail money to pay for meals for visiting Romanian police chiefs. Sheriff Ray Nash defends spending the jail money. He says buying the meals were just good Southern hospitality.

Bank of New York to Buy Brazilian Money Manager ARX Capital (Bloomberg.com)
Nov. 13 (Bloomberg) — Bank of New York Mellon Corp. agreed to buy ARX Capital Management, a Rio de Janeiro-based money manager with more than $2.6 billion in assets. Terms weren’t disclosed.

Girls short-changed with pocket money - Melbourne Herald Sun

Girls short-changed with pocket money
Melbourne Herald Sun, Australia - 10 hours ago
Ms Keech told the state's parliament yesterday a survey had found boys received more pocket money than girls. "It seems a woman's fight for pay equity

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