Friday, September 24, 2010

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Who's Insulting Jeff Zucker on Twitter?
Hollywood Reporter
By James Hibberd Industry writers and execs are a-Twitter over Jeff Zucker's announcement on Friday that he's stepping down as head of NBC Universal. Following are some of the Tweets sent after the news broke. "Modern Family" producer (and executive ...
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Hollywood Reporter
Zuckerberg Makes a $100 Million Gift to Newark's Schools
New York Times
By MIGUEL HELFT PALO ALTO — Mark Zuckerberg, America's youngest billionaire at 26, has not spent much money on himself. Forbes estimates his fortune at $6.9 billion, but Mr. Zuckerberg, chief executive of Facebook, has yet to sell any sizable portion ...
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Banks in Florida, Washington Shut as 2010 Failures Climb to 127
BusinessWeek
By Dakin Campbell Sept. 24 (Bloomberg) -- Regulators shut lenders in Florida and Washington amid losses on real-estate loans, pushing the number of US bank failures to 127 for the year. Haven Trust Bank Florida of Ponte Vedra Beach and Arlington, ...
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Regulators Step in to Aid Credit Unions
New York Times
By ERIC DASH Nearly two years after Wall Street's giants were rescued by the federal government, regulators on Friday took over three financial institutions that provide the underpinning for hundreds of the nation's credit unions. ...
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Google and others reach deal with Justice Department over hiring
Los Angeles Times
Under the proposed settlement, six major Silicon Valley firms — Google, Apple, Intel, Adobe, Intuit and Pixar — would be barred from pledging not to 'cold call' one another's employees. The Justice Department has reached an agreement with six major ...
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How 'Wall Street' changed Wall Street
Financial Times
By Francesco Guerrera In late 1987, Frank Partnoy, then a maths student at the University of Kansas, had an epiphany. As he sat in a cinema watching Wall Street, Oliver Stone's depiction of the corrosive effects of greed on the financial industry, ...
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Financial Times
GMAC's Errors Leave Foreclosures in Question
New York Times
By DAVID STREITFELD The recent admission by a major mortgage lender that it had filed dubious foreclosure documents is likely to fuel a furor against hasty foreclosures, which have prompted complaints nationwide since housing prices collapsed. ...
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Week Ahead: Stocks Broke Out, but Can They Hold Gains?
CNBC
Stocks broke out of their summertime trading range, and the question now is whether the market can hold on to September's record-setting gains. "We're at some major market levels...1150 in the S&P, $1.35 in the euro and $1300 for gold. ...
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China targeted in bill on currency manipulation
The Associated Press
WASHINGTON — A bill that would give the US government the power to impose economic sanctions on China and other countries found to be manipulating their currencies to gain trade advantages has won approval from a key House committee. ...
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Gold Posts Third Straight Record Close
Wall Street Journal
By MATT DAY NEW YORK—Gold broke above $1300 an ounce for the first time, but couldn't hold on, though it still ended up for a third straight session. Gold reached as high as $1301.60. The most actively traded gold contract, for December delivery, ...
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