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Wisconsin Not in Step With Roth IRA Shift
Posted on December 15th, 2009 No commentsNew federal guidelines that go into effect in 2010 will allow people with an adjusted gross income of $100,000 or more a year to convert money from a traditional retirement account to a Roth IRA. Wisconsin law has not yet been changed to reflect the federal shift, and it’s not likely the Legislature will take that issue up until 2010 at the earliest, the Green Bay Press Gazette reported.
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At 125 Years, Bank of Milton Going Strong
Posted on December 15th, 2009 No commentsBank of Milton is doing better than ever as it celebrates its 125th anniversary this month, President Dan Honold said. Assets have grown 13 percent this year and deposits have grown 15 percent, according to a story in the Janesville Gazette.
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Business Survey Reflects Optimism
Posted on December 15th, 2009 No commentsA majority of business owners are optimistic about 2010, according results of a survey released by First Business Bank at the invitation-only First Business Economic Forum. Read more at WisBusiness.com.
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Wells Fargo Raising $10.4B to Repay TARP
Posted on December 15th, 2009 No commentsWells Fargo & Co. will repay the government’s entire $25 billion TARP investment after it raises $10.4 billion in a stock offering, the Business Journal of Milwaukee reported.
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M&I Tenders Total $433M
Posted on December 15th, 2009 No commentsM&I Marshall & Ilsley Bank said it has received tenders of debt securities totaling $433.1 million in response to its offer to purchase for cash debt securities with an aggregate principal of up to $400 million, the Business Journal of Milwaukee reported.
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‘Too Big to Fail’ Best Business Book of ’09
Posted on December 15th, 2009 No comments“Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System — And Themselves” by Andrew Ross Sorkin has been named the best business book of 2009 by Milwaukee-based 800-CEO-READ, according to the Business Journal of Milwaukee. Read more about the book on the 800-CEO-READ blog.