WASHINGTON (Reuters) - The Obama administration department is approaching to introduce legislation by Jun job for the U.S. Federal Reserve to fool around a executive purpose in controlling systemic risk in the economy, traffic organisation sources said on Friday.

Written on May 8, 2009 | Posted in
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Written on May 8, 2009 | Posted in
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NEW YORK (Reuters) - Satellite Asset Management LP, a $2.8 billion sidestep account founded by former employees of billionaire George Soros, is shutting down because of customer withdrawals, Bloomberg said on its website late Friday.

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NEW YORK (Reuters) - Warren Buffett’s Berkshire Hathaway Inc posted its first quarterly detriment given 2001, harm by waste on derivative contracts and a big investment in the oil association ConocoPhillips.

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NEW YORK (Reuters) - U.S. bonds rose on Friday, and the Nasdaq capped its longest widen of weekly gains in a decade as highlight exam formula and calming jobs interpretation fueled hopes the misfortune is over for banks and the economy.

Written on May 8, 2009 | Posted in
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