05222012Headline:

Liquidation of Madoff firm a pricey US$28m

United States Bankruptcy Judge Burton Lifland on Tuesday approved the transfer of US$28.1 million to cover expenses tied to the liquidation of Bernard Madoff’s investment firm. Madoff is accused of running an elaborate pyramid scam that [...]

General Motors offers 0% financing to boost sales

General Motors Corp said Tuesday it will offer financing as low as zero per cent over the next week for several 2008 and 2009 models as the automaker makes a big year-end push to improve sales. The news comes a day after its troubled lending [...]
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