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Archive for October 15th, 2006
Sunday, October 15, 2006 Options scandal claims a big name By Ian Mylchreest The options timing scandals that have forced scores of companies to restate earnings in recent months has claimed probably its biggest name. UnitedHealth Group CEO William McGuire was forced out by the board and had his options holdings reduced, reports the New York Times.
The board took the action after an investigation by powerhouse Washington law firm [...]
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Sunday, October 15, 2006 Is Zillow the next YouTube? By Ian Mylchreest When a billion dollar buyout hits the headlines, it's not long before others start imagining they too could hit the jackpot. The Seattle Post-Intelligencer's venture capital reporter John Cook has provided an analysis of the residential real estate Web site Zillow's chances of being the next big winner.
The key similarities are that 1) both companies hope to capitalize [...]
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Sunday, October 15, 2006 Maybe housing isn't a complete bust By Ian Mylchreest The vice chairman of the Federal Reserve says that talk of the housing bubble bursting is way too pessimistic, reports the Los Angeles Times. In a recent speech Donald Kohn pointed out that mortgage rates have been falling over the last six months and that sales numbers are up in many markets.
In all, Kohn says this [...]
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