The family of the US Securities and Exchange Commission's (SEC) top lawyer made $1.5m by investing with fraudster Bernard Madoff, according to a trustee for victims of the ponzi scheme.
The auction of €5bn ($4.3bn) of five-year bonds to fund Stage One of the Irish loan package was subject to huge demand from Asian and Middle Eastern investors yesterday.
In 2011 the danger is the Euro system will put too much pressure on too many weaker countries and economies.
Germany, the strongest country in the eurozone, has vetoed any increase in the €440bn rescue package.
First we brought you quantitative easing bears. Now get the lowdown on the Irish bailout, through the eyes of Taiwanese animators. If you are not keen on Irish stereotypes, look away now.
European finance ministers and the International Monetary Fund have agreed a €85bn (£72bn) bail-out for Ireland in an effort to calm market fears of a new banking crisis.
The Irish government has announced plans to save €15bn over the next few years to tackle the country's debt crisis.
The Irish government will not raise the country's low corporation tax rate in return for an EU-led bailout, as a French official said some view the rate as "almost predatory".
A team of EU and IMF inspectors will arrive in Ireland today to take a closer look at the nation's banking system and prepare for a possible €80bn bailout.
BlackRock has launched the iShares MSCI Russia Capped Index fund on NYSE Arca, completing its suite of emerging market single country funds.