- Banker-Pay Guidelines May Put Citigroup, Bank of America at Disadvantage Citigroup Inc., Bank of America Corp. and smaller banks seeking to attract talent and regain ground on stronger peers may face a new obstacle from the global push to rein in executive pay.
- Chinese 103-Year-Old Wall Street Emigrant Expecting Communism to Fade Away Zhou Youguang was a child of 6 when a revolution toppled China’s last emperor in 1912. He was 43 when he says he left a Wall Street banker’s job to help Mao Zedong’s Communists create what he thought would be a democracy after decades of warlord rule, occupation and civil war.
- Egyptian Swine-Flu Slaughter Leaves Cairo Without Pigs to Devour Garbage Egypt’s pigs are getting their revenge.
- PAI's `Coup d'Etat' Shows Buyout Firms' Feuds Over Power, Money, Strategy Dominique Megret, chief executive officer of PAI Partners, France’s biggest private-equity firm, was in his office, a 10-minute walk from Paris’s Louvre museum, on July 21 when there was a knock on the door.
- Sigurdardottir Says Iceland Wanted More European Union Support in Crisis Iceland’s economic woes can “in part” be blamed on the European Union’s lack of support as the island struggled to stay afloat following the collapse of its banks a year ago, Prime Minister Johanna Sigurdardottir said.
- Finding a Job May Be Getting Easier Than It Looks: Chart of the Day Employment in the U.S. is rebounding at a “significantly faster” pace than seasonally adjusted data on jobless claims would suggest, according to Oscar Gruss & Son Inc.
- Microsoft Says Ford, Continental, Starwood, Intel to Upgrade to Windows 7 Microsoft Corp. said Ford Motor Co., Continental Airlines Inc., Starwood Hotels & Resorts Worldwide Inc. and Intel Corp. will help introduce its Windows 7 operating system by upgrading to the new program.
- China, Korea `Good Fight' for Shipyards May Cause Glut, Damp Freight Rates China and South Korea’s support for shipbuilders may add to a glut of capacity, slowing a recovery in freight rates and vessel prices.
- Brown Slumps to Third in U.K. Poll as Timetable Points to May 6 Election Gordon Brown pledged to wrest power from Britain’s banks and give the state a greater role in financing business, part of the Labour government’s effort to bolster its popularity after the recession and credit crisis.
Bloomberg News 30th September 2009
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