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Daily Business news, Financial news & World news

(The following are excerpts from the past week’s Bloomberg News columns. For full text of any column, click on the command below the writer’s name. Opinions are those of the columnists.)

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Rich Guy Teaches Lessons; Enron Trial Appeal: Commentary Review

European Central Bank President Jean-Claude Trichet said Greece’s plan to cut the euro-area’s largest budget deficit will win the support of investors and credit-rating companies.

Excerpted from:
Trichet Says Rating Firms Will Respect ‘Courageous’ Greece Plan

President Barack Obama’s likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke plan an exit from record monetary stimulus and strengthen banking supervision and consumer protection.

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Bernanke May Get Help Planning Exit With Fed Board Selections

Terra Industries Inc., the fertilizer maker selling itself to CF Industries Holdings Inc., will be paid more than twice CF’s original bid after rebuffing its suitor for more than a year while holding talks with rivals including Yara International ASA.

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Terra’s Bid From CF Doubled After Rebuffs, Talks With Rivals

About 900 bankers will converge on Capitol Hill next week for a conference that lobbyists say will give them a chance to speak out against a proposed consumer protection agency as Senate Banking Committee Chairman Christopher Dodd unveils financial regulation legislation.

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Bankers to Flood Capitol Hill as Dodd Releases Overhaul Bill

The longest-ever gain in futures linked to the Standard & Poor’s 500 Index shows growing investor confidence in the U.S. economy.

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Record Advance in S&P 500 Futures Shows Confidence in Economy

Dell Inc., the third-biggest personal-computer maker, sued Sharp Corp., Hitachi Ltd. and three other liquid-crystal display panel makers over allegations they conspired to fix prices and overcharged for their products.

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Dell Sues Sharp, Hitachi Over Flat Panel Price-Fixing Claims

Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told investigators she bought shares in Hilton Hotels Corp. because she thought the jailing of Paris Hilton would generate publicity for the company, a defense lawyer says.

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Roomy Khan Cites Paris Hilton, Had 2000 Arrest (Update2)

Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told investigators she bought shares in Hilton Hotels Corp. because she thought the jailing of Paris Hilton would generate publicity for the company, a defense lawyer says.

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Roomy Khan Cites Paris Hilton, Had 2000 Arrest (Update2)

Roomy Khan, a government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told investigators she bought shares in Hilton Hotels Corp. because she thought the jailing of Paris Hilton would generate publicity for the company, a defense lawyer says.

Roomy Khan Cites Paris Hilton, Had 2000 Arrest (Update2)

Toyota Motor Corp. rebutted a comment by the chairman of a U.S. House investigating committee that it “deliberately withheld” records it was legally required to produce in a lawsuit by a former in-house lawyer.

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Toyota Rebuts House Lawmaker’s Comment on Withholding Records

Toyota Motor Corp. rebutted a comment by the chairman of a U.S. House investigating committee that it “deliberately withheld” records it was legally required to produce in a lawsuit by a former in-house lawyer.

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Toyota Rebuts House Lawmaker’s Comment on Withholding Records

Toyota Motor Corp. rebutted a comment by the chairman of a U.S. House investigating committee that it “deliberately withheld” records it was legally required to produce in a lawsuit by a former in-house lawyer.

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Toyota Rebuts House Lawmaker’s Comment on Withholding Records

Federal Reserve Chairman Ben S. Bernanke is scheduled to testify alongside one of his predecessors, Paul Volcker, at a House Financial Services Committee hearing next week on Fed bank-supervision powers.

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Bernanke, Volcker to Testify on Fed Bank Supervision March 17

Federal Reserve Chairman Ben S. Bernanke is scheduled to testify alongside one of his predecessors, Paul Volcker, at a House Financial Services Committee hearing next week on Fed bank-supervision powers.

The rest is here:
Bernanke, Volcker to Testify on Fed Bank Supervision March 17