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UPDATE 2-New York probes private equity tax strategy – source – Chicago Tribune

September 2, 2012 |

USA TODAY

UPDATE 2-New York probes private equity tax strategy – source
Chicago Tribune
* NY AG subpoenas at least 12 private equity firms * AG probing conversion of fees into fund investments * Bain, Romney's former firm, among those subpoenaed * KKR, Apollo, Silver Lake, TPG also get subpoenas By Karen Freifeld and Greg Roumeliotis Sept
AP: NY probing equity firms, including BainUSA TODAY
NY probes private equity tax strategyFinancial Times
Source: NY probing equity firms, including BainThe Associated Press

all 243 news articles »

Business – Google News

Biggest Box-Office Bomb Ever?! – E! Online

September 2, 2012 |

E! Online

Biggest Box-Office Bomb Ever?!
E! Online
It didn't figure Lawless would be Shia LaBeouf's eighth straight No. 1 box-office hit, and it wasn't. But Goobie, Zoozie and Toofie are probably jealous anyway. (More on them in a bit.) LaBeouf's Depression-era crime drama took second in the weekend
'The Possession' takes hold of box office; '2016: Obama's America' continues New York Daily News
The Possession Debuts at No. 1 With $ 17.7 MillionUs Magazine
Box Office: 'The Possession' frightens summer away with $ 17.7 millionHitFix
Reuters –CBS News
all 268 news articles »

Entertainment – Google News

Yemen: 14 civilians killed in errant airstrike

September 2, 2012 |

Military officials and tribesmen say an attack by Yemeni fighter planes has mistakenly hit vehicles carrying civilians traveling south of the capital, killing 14, including women and children.
Yahoo! News – Top Stories

France helps Credit Immobilier

September 2, 2012 |

Struggling French mortgage lender Credit Immobilier has its assets guaranteed by the government.
BBC News – Business

Video: Obama not offended by Eastwood’s speech

September 2, 2012 |

Sept. 2: Commenting on Clint Eastwood for the first time in an interview with a national newspaper, President Obama says he was not offended by the actor's speech at the Republican National Convention. NBC's Kristen Welker reports.  (Other)Commenting on Clint Eastwood for the first time in an interview with a national newspaper, President Obama says he was not offended by the actor’s speech at the Republican National Convention. NBC’s Kristen Welker reports. (msnbc)



NBCNews.com: Top videos

CNN

A ‘sound’ idea to reduce poverty

September 2, 2012 |

It’s a new idea which could resonate with communities across the developing world — a biomass stove which also generates electricity using sound waves.
CNN.com – World

TMZ

Justin Bieber & Selena Gomez — Cops Want a Word After Alleged Photo Brawl

September 2, 2012 |

Cops want to chitchat with Justin Bieber and Selena Gomez about an alleged brawl with a photog back in May … TMZ has learned.TMZ broke the story, Bieber and the pap got into it as JB and Selena were leaving a movie at the Calabasas Commons. The…

TMZ.com

Syria Death Toll: August Was Deadliest Month During Syrian Civil War, Activist Groups Say

September 2, 2012 |

BEIRUT – Two activist groups said Sunday that about 5,000 people were killed in Syria’s escalating civil war in August while the U.N. children’s fund UNICEF put the death toll for last week alone at 1,600. They were the highest figures reported since the uprising began more than 17 months ago.

The activist groups also raised their estimated death tolls for the entire uprising to at least 23,000 and as high as 26,000. The previous estimates, more than a month ago, were around 20,000.

More…
Huffington Post

Fannie, Freddie ease short-sale rules in hardship cases

September 2, 2012 |

Fannie Mae and Freddie Mac will allow borrowers who are current on their mortgage payments to qualify for short sales, provided they fit the hardship criteria.

WASHINGTON — If you’re underwater and facing financial distress, what might Fannie Mae’s and Freddie Mac’s new short-sale-reform policies mean for you? Potentially a lot — even if you are current on your mortgage payments and never imagined that a short sale and principal reduction could be in the cards.



L.A. Times – Business