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Monday, December 1, 2008

12/01/08 The Raw Greenwich Business News Feed



Countrywide Sued by Fund Over $8.4 Billion Loan Deal
Daily Business Review
Countrywide Financial Corp., the home lender acquired by Bank of America Corp., was sued by Greenwich Financial Services Fund over claims an agreement to reduce payments on mortgages by $8.4 billion would hurt investors. The hedge fund claims ...


Mr. Fuld, you're a scapegoat. From Biblical times to now, that's just the way it goes
Jane Genova
Had Dick Fuld, former Chief Executive Officer at Lehman Brothers, majored in the humanities he might not be sitting in his Greenwich, Connecticut mansion wondering: Why me.


Tudor's $10 Billion BVI Suspends Withdrawals, Plans Split Into Two Funds
Bloomberg
... on investing in hedge funds. a oeTheya re the ATMs in client portfolios right now.... Steve Bruce , a spokesman for Greenwich, Connecticut-based Tudor, declined to comment. Investors to Vote Tudor, which oversees $17 billion, is asking BVI Global ...
How Murdoch seized the Journal
Guardian Unlimited
... with his own chance elevation to the top spot, a quiet, eager-to-be-liked, eager-to-be-respected, eager-to-live-in-Greenwich, Connecticut, man - into an extraordinary rebel. Still, if not a rebel, Murdoch sees that he's more in awe of Murdoch than ...

The Verdict: Analysts on Bernanke
Reuters
... yield on 10-year Treasuries down an additional 10 basis points on the day." STEPHEN STANLEY, CHIEF ECONOMIST, RBS GREENWICH CAPITAL MARKETS, GREENWICH, CONNECTICUT: "It is becoming increasingly clear that we are somewhere along the path toward ...

United Rentals Names New CFO
Rental Equipment Register
... ness and financial metrics to further drive profitable growth,' said United Rentals CEO Michael Kneeland. Based in Greenwich, Conn., United Rentals is No. 1 on the RER 100.

Ford Motor Says It May Sell Volvo, Its Last European Brand, to Raise Cash
Bloomberg.com
... businesses are being forced to reveal their hand,a Maryann Keller , an independent auto analyst and consultant in Greenwich, Connecticut, said in an interview. Ford, the second-largest U.S. automaker, said it decided to reevaluate Volvo ...

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