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    SeenOn’s Parent to Buy Billion Dollar Babes

    From Bits: Delivery Agent, which operates the Web site SeenON, has acquired a private sale company, Billion Dollar Babes.
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    One Firm Refused to Aid a Goldman C.D.O. Plan

    GSC Group, a little-known investment firm from New Jersey, was contacted by Goldman Sachs in January 2007 and asked to find mortgage-backed securities for the bank’s C.D.O. deal, which now lies at the heart of the S.E.C.’s case against the firm, The Wall Street Journal said. GSC refused.
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    E.U. Says ‘Greece’s Needs Will Be Met on Time’

    José Manuel Barroso, the president of the European Commission, said in a statement issued on Thursday in Brussels that E.U. officials were doing all they could to ensure that loans were soon provided to Greece
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    Omers Said to Cut Out Middlemen in Talks for I.S.S.

    Canadian pension fund Omers is close to edging out four private equity firms by acquiring, port and shipping group, Inchcape Shipping Services, The Financial Times reported.
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    Prudential Said to Get Korean Nod for AIA Deal

    Prudential Plc, the British insurer, has secured South Korean antitrust approval for its planned .5 billion takeover of American International Group’s Asian life insurance business, a Korean Fair Trade Commission official told Reuters on Thursday.
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    Will E.U. Ruling Herald Hedge Fund Exodus?

    Christopher Fawcett, a member of the hedge fund industry’s largest trade group, told Bloomberg News that a crack down by regulators in Europe has hedge-fund managers across the zone mulling idea of putting offices in such areas as Hong Kong, Singapore and Switzerland.
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    Goldman Said to Be in Talks With Failed Fund

    Goldman Sachs Group is in talks over a possible settlement with an Australian fund that said it became defunct after it bought into a billion subprime mortgaged-linked security, The Financial Times reports.
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    With Settlement, Six Flags to Wave Again

    Six Flags, the amusement park operator, has, in an 11th hour deal among bondholders, been cleared to exit bankruptcy, The Wall Street Journal reported.
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    Sinking Euro, Racing Strategists

    As the financial crisis worsens in Europe, investors are fleeing the euro in droves — such droves that Bloomberg News says it’s happening at “a rate not seen since the collapse of Lehman Brothers.”
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    Millions for Top Execs Depend on Airline Merger

    Should a merger of UAL’s United Airlines with Continental Airlines go forth, the top five executives at UAL are in line for millions in cash and stock, The Financial Times reported, citing a blog entry on Footnoted.org.
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    Buffett to Face Goldman Questions at Annual Gala

    As Berkshire Hathaway shareholders come out in droves this weekend for an audience with the Oracle of Omaha, Warren Buffett is likely to face questions about his seeming support of Goldman Sachs, Reuters writes.
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    Mexican I.P.O.s on the Rise in 2010

    In what would be the first I.P.O. in Mexico since June 2008, supermarket operator, Grupo Comercial Chedraui could raise as much as 9.1 million, Bloomberg News reported.
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    Sateri Seeking $1 Billion Hong Kong Listing

    Sateri International, a privately held producer of the wood-based cellulose used to make textiles, is eyeing a billion listing in Hong Kong, The Financial Times reported.
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    Brown Gaffe Is Backdrop to Final British Election Debate

    A chastened Prime Minister Gordon Brown appeared to see an opportunity in the televised debate on Thursday to recoup after calling a voter “bigoted.”

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    Size of Spill in Gulf of Mexico Is Larger Than Thought

    Officials said that oil might be leaking at the rate of 5,000 barrels a day, not 1,000 as had been thought, and that the spill could reach the coast by Friday.

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    Euro Rises After I.M.F. Boosts Pledge to Aid Greece

    The currency halted its decline Thursday and stocks rose slightly a day after the International Monetary Fund promised to increase its aid package.

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    Exxon’s Profit Rises 38 Percent But Misses Forecasts

    Sales also rose as the company increased production in response to higher oil prices

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    News Analysis: Breaking Down a 3-Way Race in Florida

    If Gov. Charlie Crist announces an independent Senate run, Florida politics will once again become gawk-worthy.

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    Jeffrey Conroy, Hate-Crime Killer, Talks From Jail

    Jeffrey Conroy, convicted in the death of an immigrant on Long Island, says he is “not this serious racist kid.”

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    Civil Rights Leader Is Eulogized by Obama

    President Obama called Dorothy Height a “drum major for freedom” at her funeral.

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    Jennifer Cunningham, Lobbyist, Often Advises Cuomo

    Jennifer Cunningham said she kept her work separate from her political advice to the attorney general.

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    Philip K. Dick’s ‘Exegesis’ Will Receive Two-Volume Release

    The existential science-fiction author’s literary attempts at wrestling with his spiritual visions will be released by Houghton Mifflin Harcourt in two books edited by Jonathan Lethem and Pamela Jackson.

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    Summer Movies: Julia Roberts, Enjoying Life and ‘Eat Pray Love’

    Julia Roberts is still one of the world’s biggest stars, but these days the family comes along on the film shoots.

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    2 lawsuits challenge new Arizona immigration law

    PHOENIX (AP) — An Arizona police officer and a Latino group have filed the first legal challenges of Arizona’s sweeping new law on illegal immigration….
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    Sen. McConnell says 1 miner dead in Ky. coal mine

    PROVIDENCE, Ky. (AP) — One miner has died in a coal mine collapse in western Kentucky and another was missing, U.S. Sen. Mitch McConnell said Thursday after rescuers had to retreat from the underground accident scene….
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    Obama promises to use ‘every single available resource’ of government to help with oil spill.

    Obama promises to use ‘every single available resource’ of government to help with oil spill.
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    AP NewsAlert

    La. Gov. Jindal declares state of emergency as oil spill threatens fragile coastal ecosystem.
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    Gov’t says it’s prepared for worst in oil spill (AP)

    AP – The Obama administration pledged an all-out response Thursday to the massive oil spill now expected to reach the Gulf Coast within a day and dispatched top officials to the region to help coordinate defenses against the potential environmental disaster.

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