2007-09
15 14:17:09ECOFIN Ministers say clearing, settlement code has boosted price transparency
PORTO, Portugal (Thomson Financial) - Portuguese finance minister Fernando Teixeira dos Santos, whose country holds the EU presidency, said European finance chiefs believe the code of conduct which has been put in place in Europe's clearing and settlement industry has boosted price transparency.
2007-09
15 10:48:14TD Ameritrade says contact info stolen
OMAHA, Neb. (AP) - Online brokerage TD Ameritrade Holding Corp. said Friday one of its databases was hacked and contact information for its more than 6.3 million customers was stolen. A spokeswoman for the Omaha-based company said more sensitive information in the same database, including Social Security numbers and account numbers, does not appear to have been taken.
2007-09
15 10:42:27Countrywide caught in mortgage spiral
LOS ANGELES (AP) - Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its footing as the housing market has turned from boom to bust.