Money Anecdote

MultiPlan Inc., the health-care cost-management company being acquired by BC Partners Ltd. and Silver Lake, is marketing debt in the busiest July for corporate bond sales since at least 1998.

Here’s a story by Stephen Ohlemacher of the Associated Press on a big fund to get money to small businesses that need it. Community banks would be able tap a $30 billion government fund to help them increase lending to small businesses under a bill working its way toward a vote in the Senate.

In the past three years, San Diego County Supervisor Bill Horn gave away $80,000 in public money to an organization in La Mesa called Life Perspectives, according to information obtained by the 10News I-Team.

THE insurance market will see some jostling for pole position following the 65 million acquisition by RSA Insurance of 123 Money.

A former money manager pleaded guilty Wednesday to securities fraud, admitting that he cheated charities, schools, pension funds and others out of at least $331 million, using a portion of the funds to buy collectible teddy bears and to invest in $100,000 horses.

McDonalds Corp ., the worlds largest restaurant chain, sold $750 million of debt in a two- part offering, its first U.S. dollar issue in 18 months.

President Barack Obama made a last pitch for his plan to aid small businesses before a Senate vote while on a trip that combines campaigning for his economic policies and raising money for the Democratic Party.

An Indian company that makes tiny loans to villagers aims to raise up to $354 million in an initial public offering, a move critics fear will encourage India’s largest microfinance lender to put…

The Democrats are in town scouting out the Queen City as a city for their 2012 convention.  In our Cover Story PrimeTime’s Jeff Atkinson reports on the major roadblocks to bringing the party to town. 

Russian companies from Nomos Bank to OAO Mobile TeleSystems are depending more on debt and equity markets for financing than at any time since 1999 as overseas banks pare back loans to all but the safest borrowers.