Wednesday, October 01, 2008

Las Vegas Package

Sheldon Adelson, the chairman and controlling shareholder of Las Vegas Sands Corp, yesterday injected US$475 million of his own money into the casino developer to help fend off a cash crunch as it struggles to raise funds for new Macau mega resorts ...

The Senate has sweetened its $700 billion rescue package for tottering financial companies with tax breaks broad enough to save 20 million people an average $2,000 a year in higher taxes and narrow enough to help a makers of wooden toy bow-and-arrow ...

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