Half of Madoff's victims lost no money, report says
City
About 50% of con man Bernard Madoff's clients had withdrawn enough money from their faux investments that they lost nothing when the Ponzi scheme imploded. 3 hours ago | Crain's New York Business |  

Business Wire

Financial Accounting Foundation Endorses Statement of the International Accounting... 5 hours ago |  
Fitch Rates Durham, North Carolina's $22.9MM GO Rfdg Bonds 'AAA';... 5 hours ago |  
The Coca-Cola Company Commits to Foster Economic Development in Africa 5 hours ago |  
ProcureStaff Technologies Names Carolyn Nolan as Vice President, Sales 5 hours ago |  
Volt Consulting - Managed Service Programs Rolls out New ADEPT™ Solution Offering 5 hours ago |  
Fitch Rates Assured Guaranty Insured Issues 'AA'; Watch Negative 5 hours ago |  
What We're Reading...
Corruption clouds China's aid to the developing world, and other economic stories from around the Web. September 22, 2009 | The New York Times |  
The Estate Tax: A New Conspiracy Theory
The tax on rich people's estates disappears altogether in 2010, before reappearing in full force in 2011. Both tax changes have implications for government coffers. September 22, 2009 | The New York Times |  
View from Canada: The National Sales Tax
Deficit concerns have revived some talk of federal sales tax in the United States. Canada's experience as a relatively latecomer to the federal sales tax world could provide some... September 22, 2009 | The New York Times |  
Demonizing, and/or Taxing, Soda
If the government wants to champion health and discourage soda drinking, should it use stomach-churning public service ads like those currently posted around New York, or sin... September 22, 2009 | The New York Times |  
What We're Reading...
The Japanese become Wal-Mart shoppers and other economic news from around the Web. September 21, 2009 | The New York Times |  
Smaller Jackpots for States
For the first time in over three decades, state and local gambling tax revenues fell in the last fiscal year, a new report finds. September 21, 2009 | The New York Times |  
Drug Wars: When a 'Cartel' Really Isn't
Much of the carnage in Mexico, it turns out, is evidence that these so-called drug "cartels" are not really cartels, in the economic sense of the word. September 21, 2009 | The New York Times |  
Condé Nast execs expected to cut 25%
The blood letting could begin by mid-October. 6 hours ago | Crain's New York Business |  
CBS launches residential real estate site
The new CBSrem.com enters an increasingly crowded online marketplace that is dominated by PropertyShark, Streeteasy, and Trulia.com. 6 hours ago | Crain's New York Business |  
NFL seals 5-year deal with Visa
The National Football League extended Visa's sponsorship for another five seasons for undisclosed terms. 6 hours ago | Crain's New York Business |  
NYC hotel trio make state 'green' list
Some 43 hotels and inns make up the New York state Department of Environmental Conservation's list of environmentally sound hotels with sustainable practices. 7 hours ago | Crain's New York Business |  
Growing womenswear lines get NY exposure
New owner weaves 2 California outfits into Garment Center fabric. 7 hours ago | Crain's New York Business |  
Big Queens development lands first retail tenant
Grocer to take 10,000 square feet at Dermot project in Jamaica. 7 hours ago | Crain's New York Business |  
Nonprofit camps out on Eighth Avenue
Empathetic landlord works wonders for Fiver Children’s Foundation. 7 hours ago | Crain's New York Business |