Financial news on October 7th, 2006

Business and Financial news
A Kink in Venture Capital’s Gold Chain

For the firm Sevin Rosen, the high-risk, high-return venture capital business may have turned into all risk and no return. Read more..

By MIGUEL HELFT - The New York Times

Dow Set a Record in Height, but Weight Had a Lot to Do With That

How indexes are computed and what they capture has a lot to do with their averages, which can sometimes be deceiving. Read more..

By FLOYD NORRIS - The New York Times

Job Growth Was Slack Last Month

Employers added just 51,000 jobs, the fewest in almost a year, but unemployment dropped to 4.6 percent. Read more..

By EDUARDO PORTER - The New York Times

Sentencing Postponed for Executive in Computer Associates Case

Sentencing for Sanjay Kumar who admitted he led a $2.2 billion accounting fraud will be postponed to resolve disputed facts. Read more..

By BLOOMBERG NEWS - The New York Times

To Muted Cheers, the Dow Climbs Past a Record

There was an eerie echo of the siren song of the 1990’s economic boom on Wall Street this week. Read more..

By MARK A. STEIN - The New York Times

See what else happened on October 7th, 2006