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Coalition issues guidelines for public pensions

Posted on 17. May, 2012 by .

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(Reuters) – A coalition of bond lawyers, analysts, auditors, state treasurers, pension administrators, securities professionals, bond dealers and issuers released on Thursday a framework for…

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Insight: Who got Facebook shares? Fairness may not come into it

Posted on 17. May, 2012 by .

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NEW YORK (Reuters) – A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a deal handled by Wall…

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Chesapeake lessons: Don’t invest where you earn

Posted on 17. May, 2012 by .

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(Reuters) – Like all massive risks, holding large amounts of stock in your employer is a way to make an investment home run, but an even better way to strike out.

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IMF chief warns on cost of Greek exit from euro

Posted on 16. May, 2012 by .

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ATHENS (Reuters) – IMF chief Christine Lagarde warned of “extremely expensive” consequences were Greece to leave the euro zone, a once taboo possibility that European leaders have begun to discuss openly after the nation descended into political chaos.

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Hobbled Dewey & LeBoeuf loses last top manager

Posted on 16. May, 2012 by .

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(Reuters) – For Dewey & LeBoeuf, the time may have come for last rites. It has laid off hundreds of employees, been hit with lawsuits for not paying its bills and continued to shed partners, including on Wednesday the last member of its top management team.

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Greece must stick to bailout terms: IMF’s Lagarde

Posted on 16. May, 2012 by .

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WASHINGTON (Reuters) – Political leaders in Greece need to show the resolve to stay in the euro zone, which will require Athens to stick to the terms of its rescue package, International Monetary Fund Managing Director Christine Lagarde said on Thursday.

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Fed officials keep door open on easing, eye risks

Posted on 16. May, 2012 by .

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(Reuters) – Several Federal Reserve policymakers last month thought the U.S. central bank might need to do more to support the economy if the recovery stumbles, but there was almost no support for extending its “Operation Twist” program, due to end in June.

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Murder of Honduran reporter blamed on drug gangs

Posted on 16. May, 2012 by .

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TEGUCIGALPA (Reuters) – A prominent Honduran radio journalist was killed by drug gangs in retaliation for a government crackdown on cartels, the country’s security minister said on Wednesday.

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Wife of Robert F. Kennedy Jr. found dead at NY home

Posted on 16. May, 2012 by .

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NEW YORK (Reuters) – Mary Kennedy, the estranged wife of Robert F. Kennedy Jr, was found dead on Wednesday at her home in a New York City suburb, an officer at the Westchester County Medical Examiner’s Office said. She was 52.

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U.S. housing, industrial data point to steady growth

Posted on 16. May, 2012 by .

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WASHINGTON (Reuters) – Groundbreaking for U.S. homes rebounded in April and factory activity gained momentum, suggesting a moderate pickup in economic growth early in the second quarter.

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