U.S. Treasury Secretary Henry Paulson says the regulatory reform blueprint addresses “complex, long-term issues.” (March 31)
China Telecom said its net fell 13% last year, hurt by asset-revaluation charges and a drop in connection-fee income.
Barry Diller may have won his legal battle with Liberty Media’s John Malone, but it’s hardly smooth sailing from here. Diller is seeking to bust up his Internet conglomerate Interactive Corp. at a time when the markets are in turmoil. And,
From Silicon Alley Insider, March 31, 2008:On Friday, UBS became the first major investment firm to start “marking down” the value of Auction-Rate Securities held in client accounts (translation: each $1 will now be worth $0.80-$0.95). …