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LATEST NYC DEPARTMENT OF FINANCE NEW YORK NEWS:

Finance ministers seek to calm markets
Global finance ministers kept searching for ways to tackle the unfolding financial crisis, turning their attention to its effects on rapidly developing countries and poor nations at risk of being swept up in the turmoil.

Finance leaders endorse G7 plan to calm markets
Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan by major economies to chart a course out of the credit crisis, hoping the broader support will calm markets.

Finance co faces investigation
Another collapsed finance company is being investigated by the Serious Fraud Office. Clegg and Co Finance Ltd went into receivership in October 2007 owing $15 million.

SFO eyes Clegg & Co in finance company probe
The Serious Fraud Office (SFO) says it is now investigating Auckland-based finance company Clegg and Co Finance following its collapse last year. The company, which had about $15 million of 500 investors' funds in debentures, went into receivership in October.

Bush visits finance officials, urges cooperation
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the current situation.

SFO announces another finance co probe
The Serious Fraud Office (SFO) is investigating Auckland-based finance company Clegg and Co Finance following its collapse last year.

Finance chiefs endorse G7 action plan: IMF panel
Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan announced by major economies to chart a course out of the credit crisis.