Financial news on July 4th, 2009

Business and Financial news
A Publisher Stumbles Publicly at The Post

Katharine Weymouth decided to sell legitimacy, with her paper’s editorial integrity thrown in as a parting gift. Read more..

By DAVID CARR - The New York Times

British Study Madoff Payments to Austrian Banker

Prosecutors are investigating reports that companies owned by the banker, Sonja Kohn, received more than $40 million. Read more..

By JULIA WERDIGIER - The New York Times

Caution Kept Icelandic Bank Clear of the Worst

Margeir Petursson, the chairman and founder of MP Bank, saw the looming crisis long before others did. Read more..

By DYLAN LOEB McCLAIN - International Herald Tribune

Europe Tests Banks, and Worries

Germany and Spain are reluctant to publish the results, but other nations favor releasing an overview of the data. Read more..


For a Frugal Dieter, Weight Loss on a Sliding Scale

A dieter’s commitment to weight loss can sometimes be linked to how much money he or she is willing to spend. Read more..

By LESLEY ALDERMAN - The New York Times

Internet Companies and Ad Agencies Go From Old Enemies to New Friends

The slowing growth in online advertising is pushing traditional ad agencies and Internet companies to work together. Read more..

By ERIC PFANNER - The New York Times

Ire at Madoff Swings Toward the Referee

Ever since the scandal broke, many victims have felt aggrieved at the process itself, directing their anger at a lawyer caught in a no-win situation. Read more..

By JOE NOCERA - The New York Times

Neighbor’s Shadow Still Large in Slovakia

Slovakia still exudes uncertainty 16 years after its “velvet divorce” from the Czech Republic. Read more..

By DAN BILEFSKY - International Herald Tribune

Raising Children Who Care in Times That Need It

Philanthropy is not only for the wealthy. You can bring children into the fold by letting them figure out how they would like to contribute. Read more..

By ALINA TUGEND - The New York Times

Winner of Lunch With Warren Buffett Gets a Windfall

A Chinese businessman mentioned a Chinese company ahead of a meeting with Warren Buffett, and watched the shares soar. Read more..

By DAVID BARBOZA - The New York Times

See what else happened on July 4th, 2009