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Tuesday 3 August 2010
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For a one-time secretary from the New York borough of Queens, the woman did good. Annette Bongiorno, a close aide to Bernard Madoff, is facing a forfeiture order by US prosecutors for $5.1m of assets including two Mercedes, a Bentley and a holiday home in Florida
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Wednesday 28 July 2010
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Tom Comerford leading one of his 'credit crunch tours' around Manhattan in May. Photograph: Tim Knox for the Guardian
Although he was able to satisfy Goldman that he wasn't stealing anything, Comerford was then told to choose between his job at the bank or his tour guiding activities - an ultimatum that he feels was "very unfair". After ten years, he quit his job
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Tuesday 27 July 2010
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Cast members of MTV's Jersey Shore ring the opening bell of the New York Stock Exchange Photograph: Richard Drew/AP
You could cut the anticipation with a meat cleaver this morning as traders on the New York Stock Exchange paused to watch a well-bronzed crew ringing the market's opening bell - the cast of the reality television show Jersey Shore.
For the uninitiated, Jersey Shore has become a cultural phenomenon since hitting screens on MTV last year. It follows the adventures of eight real-life Italian-American sunseekers spending the summer in a New Jersey beach house. It makes Big Brother look like Dostoyevsky. Continue reading...
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Tuesday 13 July 2010
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Property prices have taken a well-documented dive in sunny US holiday hotspots such as Florida. But that hasn't encouraged many Brits back into the US homebuying market - in fact, the British have fallen behind Mexicans in the ranks of foreign property buyers in the US
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Monday 12 July 2010
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Ever wondered what it might be like to walk in Ernest Hemingway's shoes? A US company has teamed up with the legendary writer's son to create a Hemingway-branded line of footwear
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Wednesday 7 July 2010
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The beleaguered oil company BP needs any friend it can get. An unexpected sympathiser has materialised in the shape of Eddie Izzard, the comedian, actor, occasional transvestite and Labour activist
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Tuesday 6 July 2010
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Feeling too cheerful? In danger of irrational exuberation? Meet the finance man with a plan to depress you - a veteran market forecaster called Robert Prechter who is predicting a stockmarket crash of quite staggering proportions
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Friday 2 July 2010
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Here's a remarkable sign of the shifting balance of global trade - for the first time in its 102-year history, Detroit's biggest carmaker, General Motors, is selling more cars in China than it does in the United States
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Wednesday 30 June 2010
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It's been a humbling fortnight for top British businessmen on Capitol Hill. First BP's Tony Hayward wriggled his way through a seven-hour examination on the Gulf oil spill. Then another tarnished export, the former AIG boss Martin Sullivan, delivered a cringe-inducing performance under fire over the insurance company's implosion
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Monday 28 June 2010
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What do you get a billionaire dad for his birthday? A full-page tribute on the back of the Wall Street Journal, in the case of the kids of the computer tycoon Ross Perot, who turned 80 this week
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Friday 25 June 2010
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Could this be the least appealing job in America? A solemn, bespectacled man named Darryl Willis is fronting nationwide television commercials in the US promising that BP will "make things right" on the Gulf of Mexico coast. He is taking his fair share of flack
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Thursday 24 June 2010
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The former Telegraph owner now known as prisoner 18330-424, is "elated" at a US supreme court decision today that breathes new life into his efforts to get out of jail.
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Wednesday 23 June 2010
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Could the Goldman Sachs boss Lloyd Blankfein appear on that mainstay of American daytime television, the Oprah Winfrey show? The New York Post moots the idea today, citing a remark made by the bank's European PR chief, Fiona Laffan, at a meeting of communications professionals in London
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Tuesday 22 June 2010
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One is arguably Britain's pre-eminent banker, while the other is the White House's favourite financier. But there isn't much love lost between the Barclays boss, John Varley, and his counterpart at JP Morgan, Jamie Dimon. That became clear from a testy exchange in a New York bankruptcy court today
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Thursday 17 June 2010
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Protesters stand behind BP's chief executive, Tony Hayward, as he arrives on Capitol Hill to testify before the House Oversight and Investigations sub-committee on the Deepwater Horizon oil spill. Photograph: Haraz Ghanbari/AP
BP's chief executive Tony Hayward is grilled by a congressional committee. Andrew Clark follows his defence of his company's handling of the Deepwater Horizon oil spill
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