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Wednesday, May 9, 2012

Financial News 05/09/2012

BI: World in new financial crisis due to debt per St. Louis Fed VP
BST: Account fraud identification takes 151 days per tech analysis
Daily Finance: Average savings 10yrs from retirement is $78k 
NFIB: Small business index indicates "a year with no real gains"
CNBC: Shareholder activism places pressure on CEO pay levels
CNN Money: Wealthy applying for need based financial aid
Bloomberg: Overseas banks deny U.S. accounts due to tax law
BBC: Portugal cuts 4 of 14  holidays for 5 yrs to increase productivity
Reuters: Spanish government asks banks to raise $45 billion in reserves
AP: Germany sticks to austerity despite French and Greek elections

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