Silvia ordered to pay $20,000 for campaign finance violations
Berlin had worked at the American Anthropological Association for four years. She had previously worked as an independent management consultant and for the nonprofit Benton Foundation, the United Mine Workers of America health and retirement fund, the accounting firm Touche Ross and Co., American Security Bank and Trust, and the Federal Reserve. Sandra Elizabeth Noweck was born in Morristown, N.J. She received a bachelors degree in economics and German in 1972 and a master of business administration degree in 1974, both from the University of Colorado at Boulder. She settled in the Washington area in 1975 and had lived in Lake Barcroft since 1985.
India’s finance minister tries to stem panic
LONDON (CNNMoney) India’s finance minister is trying hard to restore calm to the country’s financial markets. India has had a rough few weeks, with the rupee falling to a historic low and equity markets tumbling by 11% as investors pull their money out of the country. In a press conference Friday, Finance Minister P. Chidambaram tried to restore confidence even as he acknowledged that the country was facing a challenging time. “We believe that the rupee is undervalued and has overshot what is generally believed to be a reasonable and appropriate level,” he said, according to a written statement.
* A PricewaterhouseCoopers (PwC) pension fund is in talks to buy a stake in a German skyscraper, in what could be one of Europe’s biggest property deals this year, a source close to the negotiations told Reuters. * Citadel LLC, Virtu Financial, Two Sigma and RGM Advisors are among the companies bidding for E*Trade Financial Corp’s market-making unit in a deal expected to be worth $100 million to $200 million, several sources with direct knowledge of the situation said on Wednesday. * Institutional fixed-income trading platform providers Tradeweb and MarketAxess are among three bidders for BondDesk Group LLC in a deal that is expected to be valued up to $200 million, two sources familiar with the situation told Reuters this week. * Verizon Communications Inc and Vodafone Group Plc have restarted talks over a possible buyout of the British firm’s stake in their U.S. wireless joint venture, the Wall Street Journal said, a deal that is expected to cost Verizon more than $100 billion.
Market Chatter-Corporate finance press digest
Silvia also ran for the same seat in 2010. Silvia said the investigation started in December before he was sworn into office after what had been a contentious race with incumbent Kevin Aguiar. Im glad its been resolved, Silvia said, Its been painful, but in the eight months Ive been in office, I never allowed it to interfere with the work Ive done for my constituents and my work at the Statehouse. Silvia said he has already paid half of the civil fine, which is ahead of the payment schedule set up by the OCPF. He has until March 1, 2015, to pay the full amount of the fine, and if he complies with the agreement, which includes filing additional campaign finance reports with OCPF, an agreed suspended forfeiture of $10,000 would be waived.