Investors in the 21 failed finance companies have so far been paid back some $273 million, but that still leaves $1.679 billion of their cash at risk.
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In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of May 12-16:
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Watch out on surging India and China! What is really behind the competitiveness of Indian and Chinese multinationals, tech, finance, labor, outsourcing, and management? Get insiders' information and analysis from the inside on the ground of China and India.
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American Depositary Shares of China Finance Online rose on Friday, after the online financial information company hiked its first-quarter sales outlook on growth in a business segment.
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Following its strategic investment in Millennium Finance Corporation (MFC) in March 2008, United Gulf Bank BSC (UGB) organized and led a forum of major group companies of Kuwait Projects Company (Holding) (KIPCO) with the senior management team of MFC, to introduce the KIPCO Group to MFC.
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Real estate investment trust CBRE Realty Finance Inc. on Friday said it filed a primary shelf registration statement for the offering and sale of up to $300 million of equity securities.
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The business of balancing a checkbook, understanding credit card offers, compounding interest and student loan systems will be just a few issues to be covered in a new course in personal finance to be offered in the 2008-09 school year at Mountain Home High School.
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The Finance Ministry is set to go ahead with its plan to relaunch a new version of the two- and three-digit lottery scheme as the Supreme Court is undecided over whether to accept the digit lottery case for trial.
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The Islamic Financial Services Board (IFSB), the transnational organisation whose mandate is to set prudential and supervisory standards for the global Islamic finance sector, held its 5th Annual Summit on 13-14th May 2008 in Amman, Jordan.
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Bahrain readies to develop Islamic finance in Singapore
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GRUH Finance Limited, a housing finance company and a subsidiary of HDFC Ltd, has expanded its reach to two more states and is aiming to achieve disbursement of Rs.10 billion by 2009-2010.
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NORTH CANTON City Council appears ready to name a new finance director Monday. But who gets the job remains an unanswered question because council members — who hire the city's finance director — are keeping quiet.
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Ahmedabad, May 17 : GRUH Finance Limited, a housing finance company and a subsidiary of HDFC Ltd, has expanded its reach to two more states and is aiming to achieve disbursement of Rs.10 billion by 2009-2010.
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MANILA, Philippines - An Italian foundation and the Italian Finance Ministry have launched a project to extend medical assistance to some 1,500 Filipino children suffering from tuberculosis (TB).
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MANLIUS — The Transportation and Finance committees of the Bureau Valley Board of Education met on April 10 in the district office in Manlius.
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