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Fed's Reduced Bond Buying Threat Results in Fund Withdrawals

Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.


Oregon Introduces its “Pay It Forward” Student Loan Program

Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.

Yahoo's Top Lawyer, Michael Callahan, Now at Auction.com

Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.

China’s New Sovereign Fund Chief Faces Pressure to Boost Returns

Ding Xuedong was appointed the new chief of the sovereign wealth fund of China and faced pressure to boost returns for the country.


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John Malone, Chairman for Liberty Media was reported to be the most popular media billionaire attending the annual meeting for tech and media moguls.
Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.
Pakistan's prime minister Nawaz Sharif told Chinese investors to invest in the country's energy sector.
Lululemon was sued for fraud over sheer yoga pants and its CEO sudden resigned. The CEO of Lululemon Athletica Inc. suddenly decided to resign from her position.
According to a new accounting rule, pensions were in bad shape. According to a new accounting rule that would take effect next year, US pensions were only 60% funded in 2012.
Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.
European Central Bank executive Benoit Coeure said that there is a risk that the euro zone might experience delay recovery in a few quarters on Friday.
Comcast Houston forecast soaring ratings from Dwight Howard's move to the Houston Rockets Los Angeles Laker Center's Dwight Howard's decision to move for the Houston Rockets signifies a victory for Comcast Corp against Time Warner Cable Inc.
The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
Dell and Silver Lake proclaimed that they would not budge from their original offer price of $13.65 a share offer because this figure is already fair and reasonable.
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