Newspaper wrap-up: Barclays to bail out Golden Key
Posted Sep 12th 2007 9:10AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), Yahoo! (YHOO), Barclays plc ADS (BCS)
MAJOR PAPERS:
OTHER PAPERS:
- According to the U.K. Times, British bank Barclays (NYSE: BCS) has invested $1.5B in Golden Key, a fund that has gotten into trouble as a result of the global liquidity squeeze.
- Aluminum company Alcan Inc (NYSE: AL) is reportedly in talks to sell its packaging unit to India's Essel Group, reported the Economic Times.
- Music publishers have intensified their efforts to shut down popular Web sites that publish song lyrics without permission, reported the New York Post. The publishers are also demanding that Google Inc (NASDAQ: GOOG) and Yahoo! (NASDAQ: YHOO) remove all references to the offending sites from their search engines.
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