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The way of money

26th August, 2007. 4:10 am. Perimeter eSecurity Buys USA

Perimeter eSecurity Buys USA.NET. "Together, we now offer an incomparable suite of hosted security services that will help take Perimeter to the next level and ensure our market leadership" Perimeter eSecurity, a provider of on-demand security software, has acquired USA.NET, which develops secure electronic-messaging services. via PHONE+.
Building B Gets New Backers. "We are really focused on wireless as the connection to the device" It is the first outside financing for Building B, which was founded a little over one year ago by Dr. via BroadcastNewsroom.
TD Bank CEO would do BCE deal again "in a heartbeat". "The question I always ask myself is: Knowing everything I know today, would I redo this transaction? In a heartbeat." Toronto-Dominion Bank is "comfortable" with its large underwriting role in the C$34.8 billion privatization of Canadian telecoms company BCE Inc, TD's president and chief executive, Ed Clark, said on.. via Sympatico Finance.

26th August, 2007. 4:10 am. Web Analytics Company Comples Round Three Funding Drive

Web Analytics Company Comples Round Three Funding Drive. "Compete has all the components of a great investment: innovative products and services, a dynamic and rapidly-growing market, and a world-class management team with the experience to execute successfully" Web analytics company Compete, Inc., recently announced successful completion of its third round of funding, which raised almost $10 million. via Customer Interaction Solutions.
The Gurley-Man Take on VCs: Pt. 2. Benchmark Capital's Bill Gurley provides his down-home views on venture capital. via AlwaysOn.

23rd August, 2007. 10:11 pm. Billerica senator to resign at end of month

Billerica senator to resign at end of month. State Sen. Robert Havern will leave the Senate at the end of the month to take a position with ML Strategies, the consulting arm of the Boston law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.. via The Sun.
DATAllegro Releases New Data Warehouse Appliance for Low Cost, Online Archiving of Data. "It makes sense to store different parts of your data warehouse on systems with different price/performance tradeoffs." DATAllegro, supplier of the most advanced data warehouse appliance on an enterprise-class platform, today announced the launch of a new online archive data warehouse appliance. via PrimeNewswire.
Ex-Illinois Governor's Conviction Upheld. "He can still appeal things, but even with those appeals pending, by court order, he has to report" A federal appeals court upheld former Gov. George Ryan's racketeering and fraud conviction Tuesday and refused to grant a new trial that could delay his 6 1/2-year prison sentence in the biggest political.. via Journal-Gazette.
Billable hours. "On Sept. 1, New York's Simpson Thacher & Bartlett LLP will raise its top rate to more than $1,000 from $950. Firm partner Barry Ostrager, a litigator, says he will be one of the firm's thousand-dollar billers,.. via Gawker.
Microsoft Dynamics CRM Selected by Reed Smith. "The path to CRM success is often blocked by poor user adoption, largely due to CRM systems that are unfamiliar and difficult to use" After extensive evaluation, Microsoft Dynamics CRM and CRM4Legal by Client Profiles Inc. via Earth Times.

23rd August, 2007. 10:11 pm. Sepracor hires D.C. lobbyist

Sepracor hires D.C. lobbyist. Marlborough-based Sepracor Inc. has hired Philadelphia law firm Drinker Biddle & Reath as a lobbyist on anti-drug compounding legislation. via Http.
Abigail Alliance Will Appeal D.C. Circuit Court Decision. "If the Supreme Court decides not to take the case, there are other federal circuit courts of appeal and there's always Congress" The battle over whether terminally ill patients have a constitutional right to access experimental drugs is far from over, says Scott Ballenger, the attorney representing Abigail Alliance in its lawsuit against.. via Earth Times.
Two Prominent Attorneys Subpoenaed in KPMG Case. "I'm not totally sure why we're being asked questions. But it wouldn't surprise me if anyone doing tax work for him around that period of time is being brought into this." Collateral damage from the KPMG tax shelter imbroglio has struck Hogan & Hartson and two of the firm's most prominent attorneys -- Prentiss Feagles, co-director of the firm's tax practice, and Paul Rogers, a.. via Legal Times.

21st August, 2007. 4:10 pm. 5 money lessons for preschoolers

5 money lessons for preschoolers. Advertisers know our little ones are listening. Parents, put your 2 cents in now and start teaching basic financial management.
8 top traffic-ticket myths. Much of what you've heard isn't true. But this is: If an officer asks if you know why you were pulled over, the answer is a very polite 'no.'.
Late-in-life marriages worry heirs. Prenups, wills and trusts can help direct money where spouses want it to go -- and can keep family homes in the family without forcing a surviving spouse to leave.

21st August, 2007. 4:10 pm. Countrywide, the mortgage mess and you

Countrywide, the mortgage mess and you. As questions swirl around the nation's largest provider of home loans, we answer common questions that consumers have about the lending crisis.
Plastic-surgery 'vacations' in Mexico. Low costs and proximity to the U.S. make Guadalajara the 'in' place to get tummy tucks, eyelifts, liposuction and other cosmetic procedures.
When you can't afford bankruptcy. Paying a lawyer is tough when you're already broke and in debt. Here's why costs are rising -- and some resources that might help you out.

18th August, 2007. 4:10 pm. Current Trends Help Determine When to Sell

Current Trends Help Determine When to Sell. Q: DEAR BOB: My wife and I are considering selling our home. We have noticed that the median sales price of houses where we live has declined about 3 percent in the past 12 months. However, before that, home prices were going up 5 to 11 percent annually.
Escrow Could Help Subprime Borrowers. With an important exception, lenders price mortgage loans on the assumption that borrowers will include taxes and insurance premiums in their monthly payments. These payments are placed in an escrow account under the lender's control. When a payment is due, it is made by the lender.
Looking for Footing on Shaky Ground. Whew! What was that all about? So much of what has been going on in financial markets has been so complicated, so distant, so hidden from view that it's easy to dismiss it as nothing more than a mud fight among the financial titans. After all, who cares if a couple of hedge funds go under or a bank..
A Tidier Way To Borrow. Stan Powell recently ditched his adjustable-rate mortgage for a traditional and far more predictable loan that would lock in his rate for 15 years.
Senate Approves Overhaul of Student Loan Program. The Senate overwhelmingly approved a wide-ranging overhaul of student loan programs early today that would pay for more than $17 billion in grants and other student aid by slashing subsidies to lending companies.

18th August, 2007. 4:10 pm. Crisis Center Offers Aid to Homeowners

Crisis Center Offers Aid to Homeowners. With a surge in the number of foreclosed properties in Maryland, particularly Prince George's County, the local government and a federally approved housing counseling agency have created a crisis center to assist residents on the brink of losing their homes.
New Door Opens for Immigrants. Leonardo Simpser has blunt advice for home buyers considering a funny-money subprime loan requiring no documentation: Don't!.
Vacation Home, Rental Property or Both? Q: Our principal residence is in the District, and we have a second home in Delaware. I know that when we sell our principal residence, we will be eligible for the exclusion of tax on up to $500,000 of the gain.

15th August, 2007. 10:11 am. World stocks shaken by US credit concerns

World stocks shaken by US credit concerns. "Given the kind of state of the market, you only have to mention subprime for people to start panicking" Global equity prices plunged Thursday on renewed worries about the US subprime mortgage sector, with European markets closing 2.0 percent lower and Wall Street in sharp decline. via Raw Story.
CIBC profit to jump despite C$290 million write-down. "While the pre-announced write-down and remaining exposure to the subprime market are large in absolute terms, we note that they are well below some of the more dire predictions circulating on the Street" Canadian Imperial Bank of Commerce's third-quarter profits will rise, despite C$290 million in write-downs related to the U.S subprime market, the bank said on Monday, news that boosted its share price by more.. via Globeinvestor.com.
Greenspan 'to take Deutsche post'. Alan Greenspan is expected to be appointed senior adviser to Deutche Bank today. via Eircom.net News.

12th August, 2007. 4:11 am. Does Cost-Benefit Analysis Matter? The practice of estimating the costs and benefits of U

Does Cost-Benefit Analysis Matter? The practice of estimating the costs and benefits of U.S. government regulations is "frequently done poorly," with scant evidence that it makes a difference on policymaking.
Romney's Cash Beckons Iowans To Straw Poll. DES MOINES, Aug. 9 -- As thousands of Republican activists prepare to descend on Ames, Iowa, tomorrow for the straw poll meant to gauge support for the GOP's presidential contenders, the event has all the markings of a historic mismatch.
Defense Dept. Read Audits Yet Paid KBR Bill. The Government Accountability Office has found that the Defense Department considered audits that questioned charges from KBR for delivering fuel and rebuilding the oil infrastructure in Iraq when it paid the contractor millions of dollars for its work.
Battle Rises Over China. After months of insisting that China allow the market to set the value of its currency or risk damaging the world economy, the Bush administration yesterday declined to brand China a currency manipulator.
Employment Stays the Course. The unemployment rate held steady last month at 4.5 percent and wages rose moderately, the Labor Department said yesterday, indicating that the job market remains solid despite the slumping housing market and struggling auto industry.
You Want Uncle Sam. Do people really look for a job with the federal government, or are they just looking for a job anywhere?.

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