Archives » August 18th, 2008

Breaking up big banks questioned as losses mount

The Associated Press
America’s biggest banks have suffered unprecedented losses from the ongoing credit crisis, and that’s made some investors question whether the big financial conglomerates should be broken up in order to survive.

Break-up advocates, who for months have been clamoring for Citigroup Inc. to be dismantled, got some validation of their viewpoint this past week. […]

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Help-U-Sell Real Estate franchise enters Chapter 11

The Help-U-Sell Real Estate franchise company entered Chapter 11 bankruptcy proceedings after a group of regional operators filed an involuntary petition for bankruptcy.
The Help-U-Sell franchise offers flat-fee real estate services to sellers and buyers. The company was founded in 1976.
Ashton Asensio, who is consulting chief operating officer for Help-U-Sell, said […]

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Deadline for tax questions to IRS

Have a business tax question for the Internal Revenue Service?
This is your semi-annual chance for an answer.
Tax issues submitted by Aug. 31 might be included in the Fall 2008 review in the Industry Issue Resolution program.
The IIR resolves business tax issues and improves tax guidance after businesses and associations submit tax issues to […]

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Employers fantasy football strategy at the office

Workplace experts estimate that this year’s National Football League season, which kicks off Sept. 4, could cost employers almost $615 million in lost productivity each week.
The number of fantasy sports enthusiasts is growing each year and the majority of players spend an average of an hour a day managing their teams.
But, employers fear that confronting […]

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