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Sarkozy Pushes Back Against Campaign-Finance Inquiry – New York Times

The announcement late Thursday night by the investigative judge in the case created political shock waves, because it appeared to undermine the possibility of Mr. Sarkozy’s return to political life after narrowly losing the presidency, and with it his immunity from prosecution, last May. His friends and allies in his center-right party, the Union for […]

Euro zone finance ministers to meet Sunday on Cyprus: sources – Reuters

BRUSSELS | Fri Mar 22, 2013 4:45pm EDT BRUSSELS (Reuters) – Finance ministers from the 17-nation euro zone will hold talks on Sunday about a revised bailout of Cyprus, two euro zone sources told Reuters on Friday. The meeting was scheduled as Cypriot leaders said they were closing in on a deal to raise billions […]

Gold Not ‘Antifragile’ Enough for ‘Black Swan’ Author – Yahoo! Finance (blog)

Gold Not ‘Antifragile’ Enough for ‘Black Swan’ Author – Yahoo! Finance (blog)

Gold does not rust, spoil or otherwise decay. But to Nassim Taleb, it is not antifragile. Gold may be physically durable and culturally indispensable as a store of value over the centuries. Yet the metal doesn’t itself thrive by becoming stronger as a result of the inherent and unpredictable variations in conditions that the world […]

German Finance Minister says unsure if euro zone finance ministers to meet on … – Reuters

BERLIN | Fri Mar 22, 2013 9:55am EDT BERLIN (Reuters) – German Finance Minister Wolfgang Schauble said on Friday he did not know whether euro zone finance ministers would meet at the weekend over Cyprus, adding this would depend on whether Nicosia had a plan to present to the troika of international lenders. “I can’t […]

Now Powering Finance Data For 300 Startups, Yodlee Peels Back The Curtain … – TechCrunch

Now Powering Finance Data For 300 Startups, Yodlee Peels Back The Curtain … – TechCrunch

Compared to the glut of young tech startups that have popped up in the financial services space over the last several years, Yodlee is a veteran. Founded in 1999, the company got its start by developing technology to make the back-end aggregation of banking data more efficient and secure, leading to the birth of companies […]

Sarkozy Named as Suspect in Campaign Finance Probe Over Heiress – Bloomberg

Former French President Nicolas Sarkozy was named as a formal suspect by judges probing claims he took advantage of billionaire Liliane Bettencourt’s mental frailty to access her fortune, Bordeaux prosecutors said. Sarkozy’s being placed formally under investigation comes after months of questioning over whether he, his 2007 presidential campaign or his party got gifts from […]

German finance minister skeptical at Cypriot proposal: paper – Chicago Tribune

Access our very best investigative reporting, opinion and commentary. German finance minister skeptical at Cypriot proposal: paper – Chicago Tribune}

Democrats lose enthusiasm for Weatherford’s campaign finance overhaul – MiamiHerald.com (blog)

Democrats wondered how that would make elections more accessible, but the bill’s sponsor, equated campaign cash with constitutional rights. “Contributions are akin to free speech,” said Rep. Rob Schenck, R-Spring Hill, who was tapped by Weatherford to champion the bill. “If you ask for my comfort level, I wouldn’t have any […]

Texas May Start Hoarding Gold…Secession Next? – Yahoo! Finance (blog)

We all know the cliché: ‘Don’t mess with Texas.’ Well, a new piece of legislation is being proposed to send that message to Washington, when it comes to protecting Texas’ gold. A lawmaker has proposed a bill to create a Texas Bullion Depository, which would allow the state and its citizens to store gold bullion […]

Cypriot Finance Minister declines to comment on deal with Russia – Fox Business

MOSCOW –  Cypriot Finance Minister Michael Sarris declined to comment late on Thursday on whether he managed to secure a deal with Moscow after two-days-long talks. “No comment,” Sarris said when asked in his hotel lobby if a deal with Russia was secured. Sarris was meeting Russian Finance Minister Anton Siluanov on Thursday, after falling […]