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AP - U.S. venture capital investments sank 61 percent in the first quarter, dropping to the lowest level in 12 years as financiers became even warier about sinking funds into startups during a deepening recession. Continue

Reuters - The Federal Reserve allowed the global credit crisis to happen and must be redrawn as a tough regulator to stop big financial institutions from taking excessive risks, prominent Wall Street economist Henry Kaufman said on Friday.

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ADDITIONAL INFO To get the best deal on the audit, be sure to bid it out. You can announce any decisions the senior team has just made, and get the organization moving against these priorities immediately. This includes your customers, the bank, the government, the i.r.s. and the leasing business. You need to stress that your enterprise is just facing a temporary setback, and you have it under control. Your positive demeanor will drive the correct actions that your troubled company needs right now. Your enterprise recovery plan besides must detail which employees and departments are responsible for responding to specific situations. You and your bankruptcy legal defender will attend the creditors meeting frequently held 30 to 40 days after your petitioning. This means that not all debts go away and the judge's bench can force the sale of property to pay the secured lenders.

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