Ontelly

Wake Up to Money - 09/09/2010

Logo for Wake Up to Money - 09/09/2010

Goldman Sachs has been fined around 20m pounds by the FSA, after failing to reveal an SEC investigation into alleged sub-prime mortgage fraud. Clive Zietman, head of commercial litigation at Stewarts Law, explains why the bank may have agreed to the fine. The Irish government has split the troubled nationalised bank Anglo Irish into a "good bank" and a "bad bank". We ask Eoin O'Callaghan, European economist at BNP Paribas, whether this move may prevent any future run on the bank. This time next year, New Zealand will host the 2011 Rugby World Cup. Sam Lewis, New Zealand's Trade Commissioner, tells us whether the 145 million pound cost will benefit the New Zealand economy. A new trade body for entrepreneurs and small businesses will be launched later in Sheffield. We ask Doug Richard, former star of the BBC TV series Dragons' Den and supporter of the new body, how much interest the Enterprise Union has had from those wanting to join.