Financial Resources 101
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European rating agency could launch in 2012: report (Reuters)

January 21, 2012 by · Leave a Comment 

Reuters – Plans to launch a European ratings agency to compete with S&P, Moody’s and Fitch are at an advanced stage and a new private institution could start business as soon as the first half of this year, German businessman Roland Berger told an Italian newspaper.

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European rating agency could launch in 2012: report
(Reuters)

german

Chevron appeals $18 billion ruling in Ecuador lawsuit (Reuters)

January 21, 2012 by · Leave a Comment 

Reuters – Chevron Corp has filed an appeal with Ecuador’s Supreme Court to review a judgment that the U.S. oil company pay $18 billion in damages for polluting the Amazon jungle.

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Chevron appeals $18 billion ruling in Ecuador lawsuit
(Reuters)

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Morgan Stanley CEO to receive $10.5 million (Reuters)

January 21, 2012 by · Leave a Comment 

Reuters – Morgan Stanley Chief Executive James Gorman was awarded a $10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.

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Morgan Stanley CEO to receive $10.5 million
(Reuters)