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A multibillion-dollar pyramid scheme allegedly spawned by Bernard Madoff is being probed by a Senate panel that will question federal regulators responsible for inspecting investment firms and enforcing action against violations.
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Investor: Renewable Energy Needs Federal Funding
President Obama’s Clean Energy initiative is meant to encourage the private sector to pump billions of dollars into green energy — even as such investment has shriveled because of the global financial slowdown. One venture capitalist says many projects will be abandoned without federal help. RSS widgets and RSS feeds on Feedzilla.com
AIMCO says restructuring charges will lower earnings
Apartment Investment & Management Co. (AIMCO) said Wednesday that its fourth-quarter 2008 results will be lower than expected because of charges affiliated with restructuring and decreased values of some California properties. (AIV)
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