Friday, March 13, 2009

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Top Business News- IBNLive.com

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World Bank says 2009 will be a 'very dangerous year'
    ACTION NEEDED: Robert Zoellick says the danger now is doing too little, too late.World Bank President says stimulus alone would not lift world economy.
iGATE joins fray to buy majority stake in Satyam
    BIG FISH WANTS SATYAM: Nasdaq-listed IT firm iGate joins race to buy Satyam Computer.Nasdaq-listed company interested in buying majority stake in company.
Wall Street fraudster guilty, faces up to 150 yrs in jail
    ANATOMY OF GREED: Disgraced financier Bernard Madoff swindled investors out of billions of dollars.Disgraced financier B Madoff swindled investors out of billions of dollars.
US food bank gets an Olympic-sized cereal donation
    NO CLUE: Food bank exec director Paul Ash says he doesn't know specifically why the cereal was donated. Kellogg's says it routinely donates food still good but nearing end of shelf life.
Living in times of recession: 18 ways to cut costs
    MAKE A SHOPPING LIST: Purchase only the items on the list, avoid the rest.How to deal with meeting the basic requirements with less means to buy.
Madoff pleads guilty to $50-bn fraud, jailed
    GUILTY PLEA: Madoff was arrested in December for allegedly running a $50 billion pyramid Ponzi scheme.Madoff admitted to a $50-billion fraud in court on Thursday.

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