Latest news about Make Billions!!
Governor backs off plan to suspend Prop. 98 (San Francisco Chronicle)
Gov. Arnold Schwarzenegger said Friday he is willing to reconsider his most recent proposal to help close the state's $26.3 billion budget shortfall by suspending state constitutional rules that control education spending in order to make deep cuts in school...
3 Jul 2009, 9:22 pm | click here for more
Largest U.S. Health Insurers Stole Billions (Skanner)
As the debate over health care reform heats up in Washington, D.C., a report released Wednesday could make a major blow to private insurance companies’ credibility.
2 Jul 2009, 1:01 pm | click here for more
For Banks, Wads of Cash and Loads of Trouble (New York Times)
Bulk deposits from brokers fueled growth at smaller banks, but also led some to the brink, and beyond.
4 Jul 2009, 4:03 am | click here for more
California turns to IOUs amid budget impasse (Reuters via Yahoo! News)
As California marked its second day of a new fiscal year without a budget agreement, the state government moved ahead on Thursday to issue billions of dollars in "IOUs" in order to avoid a cash crisis.
2 Jul 2009, 10:09 pm | click here for more
Madoff money in the hands of Durfee grad (Fall River Herald News)
A B.M.C. Durfee High School graduate is the man at the middle of the long and complicated process of returning billions of dollars to the victims of Bernard Madoff’s $65 billion Ponzi scheme. Irving Picard, a 1959 graduate, was court-appointed last December as trustee in the liquidation of Bernard L. Madoff Investment Securities LLC, and since then he has helped repay more than $231 million to ...
3 Jul 2009, 9:23 pm | click here for more
Feds seize Madoff penthouse, wife leaves (Daily Record)
Proceeds from a sale of the property and its contents could be used to help reimburse those who lost billions of dollars investing with Madoff before he confessed to running a Ponzi scheme.
3 Jul 2009, 3:30 pm | click here for more
California I.O.U.’s Add to Bondholders’ Worries (New York Times)
California prepared Wednesday to issue i.o.u.’s to pay its bills, a move that raises questions about its ability to make timely payments on the billions of dollars in state bonds that are currently outstanding.
1 Jul 2009, 7:18 pm | click here for more
Madoff's wife asked to keep fur coat (Chicago Sun-Times)
NEW YORK -- Federal marshals seized disgraced financier Bernard Madoff's $7 million Manhattan penthouse Thursday and forced his wife to move out and leave her possessions behind, including a fur coat she asked to take with her. Proceeds from a sale of the property and its contents could be used to help reimburse those who lost billions of dollars investing with Madoff before he confessed to ...
3 Jul 2009, 8:27 am | click here for more
Big push underway for generic biotech drugs (San Jose Mercury News)
Biotech drugs were largely excluded from the 1984 landmark law that permitted the sale of generic medicines. But a push is underway to correct that omission '” a move supporters say could boost access to vital treatments for cancer, heart disease and other ailments, saving consumers billions of dollars a year.
3 Jul 2009, 2:08 pm | click here for more
Investigation: Health Insurers Defrauded Consumers of Billions (Black Press USA)
PORTLAND, Ore. (NNPA) - As the debate over health care reform heats up in Washington, D.C., a report released June 24 could make a major blow to private insurance companies’ credibility.
2 Jul 2009, 9:39 am | click here for more
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