Bloomington Pantagraph - Democrat Barack Obama on Wednesday brushed aside Republican charges that his tax plan amounts to socialism, but acknowledged it involves “spreading around opportunity’’ so that wealthier Americans — like himself — pay a little more to help lower-rung workers. |
Obama noted that when President Bush’s tax cuts were first proposed, his opponent […]

Reuters - Blaming lax regulation for what turn into the worst U.S. financial crisis since the Great Depression, Rep. Barney Frank vowed on Monday to police banks and hedge funds more actively to avoid future financial meltdowns.
Frank, the powerful chairman of the House Financial Services Committee who has been credited with largely shaping the $700 […]

Ventura County Star- More than 400 real estate industry players have been indicted since March, — including dozens in the last two days — in a Justice Department crackdown on incidents of mortgage fraud that stem from the country’s housing crisis.
The FBI put the losses to home-owners and other borrowers who were victims in the […]

Reuters- South Korean broker Woori Investment & Securities said on Tuesday it will start a $100 million Asia-focused hedge fund in Singapore as part of plans to expand its business in Southeast Asia. Woori plans to boost revenue contribution from its overseas business to 20 percent in three years from five percent now, Joonho Hwang, […]