Financial news on September 15, 2007

Business and Financial news
Another Way for Wind to Put Holes in Homeowners’ Pockets

A growing number of insurance companies are adding high windstorm damage deductibles to homeowner policies. Read more..

By ALINA TUGEND - The New York Times

Ayn Rand’s Literature of Capitalism

Ayn Rand’s “Atlas Shrugged,”a glorification of the right of individuals to live entirely for their own interest, influenced Alan Greenspan and others. Read more..

By HARRIET RUBIN - The New York Times

Barclays Shareholders Back ABN Amro Bid

But a rival bid and continuing turbulence in financial markets left the outcome of the world’s biggest banking battle still uncertain. Read more..

By JAMES KANTER - The New York Times

Broke but Still Borrowing

Last year’s bankruptcy reforms could make the current credit squeeze even worse; the varieties of money laundering; and a warning to customer service managers. Read more..

By DAN MITCHELL - The New York Times

Former ABC Consultant Says He Faked Nothing

A former consultant to ABC News has denied accusations that he fabricated interviews with American political figures for a French magazine. Read more..

By BILL CARTER - The New York Times

Managing Outcomes Helps a Children’s Hospital Climb in Renown

The Cincinnati Children’s Hospital Medical Center has used its focus on rare or complex conditions to emerge as a national name in pediatric medicine, drawing patients from distant cities. Read more..

By REED ABELSON - The New York Times

Mexico Enacts a Tax-Overhaul Bill

The Mexican Congress passed a comprehensive tax bill to raise corporate taxes on many companies, give back more money to the country’s cash-short oil monopoly and impose a gasoline tax. Read more..

By ELISABETH MALKIN - The New York Times

Tell-All PCs and Phones Transforming Divorce

In the digital age, it’s growing increasingly difficult to hide dirty secrets from former spouses in divorce cases. Read more..

By BRAD STONE - The New York Times

What to Own if Economy Turns Sour

As concerns about a possible recession increase, there are steps that investors can take to protect their portfolios. Read more..

By CONRAD DE AENLLE - The New York Times

Yahoo Mash: The Social Network for Graffiti Lovers

Yahoo has started an invitation-only preview of a new social networking site, Yahoo Mash. It is quite an homage to Facebook, but it adds one significant new wrinkle: users can edit each other’s profiles, redecorating, changing information, and adding features. Read more..

By SAUL HANSELL - The New York Times

See what else happened on September 15, 2007