Apr 2nd, 2009 - Bloomberg
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April 2 (Bloomberg) -- Manhattan co-op prices dropped themost since 1995 and transactions for all apartments plummeted 48percent in the first quarter from a year earlier as therecession and Wall Street unemployment cut demand.
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Ex-KPMG executives sentenced to steep prison terms
Apr 1st, 2009 - Reuters
NEW YORK (Reuters) - A former KPMG KPMG.UL manager convicted of selling improper tax shelters was sentenced on Wednesday to more than 10 years in prison and a former tax partner at the firm received a sentence of more than eight years.
KPMG Former Manager Larson Gets 10-Year Prison Term
Apr 1st, 2009 - Bloomberg
April 1 (Bloomberg) -- Former KPMG LLP senior manager JohnLarson was sentenced to 10 years in prison for selling illegalshelters that helped wealthy clients evade more than $100million in taxes. Robert Pfaff...
Silicon Graphics Files Bankruptcy With Plans for Sale
Apr 1st, 2009 - Bloomberg
April 1 (Bloomberg) -- Silicon Graphics Inc., a provider ofcomputing and data-storage products, filed for bankruptcyprotection for the second time in less than three years. Rackable Systems Inc...
Brooke Astor's son accused of looting $198m estate
Mar 30th, 2009 - guardian.co.uk
Jury selection started yesterday in the trial of the son of the late philanthropist Brooke Astor. Anthony Marshall is accused of looting the $198m (£138m) estate of his mother...
NY Said to Boost Income Tax on Earnings Exceeding $300000
Mar 29th, 2009 - Bloomberg
March 29 (Bloomberg) -- New York Governor David Patersonagreed with legislative leaders on a budget plan that calls forhigher income taxes on households earning more than $300,000,according to a person familiar with the negotiations. New York...



