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  • Bush Pushes Congress on Stimulus Package Friday, 25 Jan 2008 | 5:19 PM ET

    President Bush urged Congress on Friday to quickly pass an economic stimulus package void of extraneous spending, saying only quick action will kickstart the sputtering economy. "I strongly believe it would be a mistake to delay or derail this bill," Bush said.

  • Cramer Rages on Banks: 'Where's the SEC?!' Friday, 18 Jan 2008 | 12:58 PM ET

    Why aren't the feds getting more involved in the whole banking sector writedown situation – especially since the numbers are likely to get worse?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • GMAC Says Mortgage Unit Meeting 2007 Obligations Thursday, 17 Jan 2008 | 2:50 PM ET

    Finance company GMAC said it expects its struggling Residential Capital mortgage unit will have met its financial covenants at the end of 2007 and that GMAC itself remains adequately capitalized.

  • Supreme Court Upholds Limits on Investor Lawsuits Tuesday, 15 Jan 2008 | 2:41 PM ET

    The Supreme Court upheld a ruling that investors cannot sue third parties such as banks and accounts in cases of securities fraud.

  • New York Launches Intel Antitrust Probe Thursday, 10 Jan 2008 | 1:32 PM ET

    The office of New York Attorney General Andrew Cuomo on Thursday said it launched a formal investigation into Intel to determine whether the world's biggest chipmaker violated state and U.S. antitrust laws to squeeze out its rival, Applied Micro Devices.

  • Greenberg-Led Group Not Seeking Takeover of AIG Wednesday, 9 Jan 2008 | 4:09 PM ET

    Former American International Group Chief Executive Maurice "Hank" Greenberg said that a group he represents currently does not intend to solicit proxies from AIG shareholders, buy more AIG shares, or initiate a tender offer for the company.

  • Murder Accusation Made in Tobias Estate Case Monday, 7 Jan 2008 | 9:46 AM ET

    Attorneys for the brothers of hedge fund manager Seth Tobias say his wife killed him because "Seth was worth substantially more to (her) dead than he was alive, and she knew that."

  • Probe of Bear Stearns Hedge Funds Is Broadened Friday, 4 Jan 2008 | 2:47 PM ET

    The U.S. Attorney's Office in Brooklyn has broadened its investigation into the collapse of two hedge funds that Bear Stearns managed, CNBC has learned.

  • Buffett May Not Be Witness in AIG Fraud Case Tuesday, 1 Jan 2008 | 4:15 PM ET

    Prosecutors may not call Berkshire Hathaway Chairman Warren Buffett as a witness in a criminal trial of former officers of its General Re reinsurance unit, according to a court filing.

  • Lawyers Get Big Payday in Tyco Case Thursday, 20 Dec 2007 | 12:35 PM ET

    Lawyers who won a class action suit against Tyco International and PricewaterhouseCoopers will be awarded 14.5 percent of the $3.2 billion settlement, plus nearly $29 million in expenses, a judge has ordered.

  • Prosecutors Investigating Bear Fund Manager: WSJ Tuesday, 18 Dec 2007 | 3:58 AM ET

    Federal prosecutors are investigating whether a Bear Stearns fund manager improperly withdrew his own money from a fund while making rosy forecasts about the prospect of the portfolio, the Wall Street Journal reported on Tuesday.

  • SEC Sues Two Former Morgan Stanley Advisors Friday, 14 Dec 2007 | 4:34 PM ET

    U.S. securities regulators sued two former financial advisers at Morgan Stanley Friday for defrauding at least 50 mutual fund companies and their shareholders.

  • H&R Block Shares Fall; Sees Wider Loss Ahead Tuesday, 11 Dec 2007 | 11:13 AM ET
    H&R Block

    H&R Block, the nation's largest tax preparer, said in a preliminary earnings report Tuesday that it expected a huge second-quarter loss as it continued to wrestle with its disintegrating mortgage arm.

  • Ex-newspaper Mogul Black Gets 6.5 Years in Jail Monday, 10 Dec 2007 | 3:03 PM ET
    Conrad Black leaves a federal courthouse in Chicago on Januart 12, 2007.

    A judge sentenced former media mogul Conrad Black to 6-1/2 years in prison for obstructing justice and defrauding shareholders of one-time newspaper publishing giant Hollinger International.

  • Buffett May Be Defense Witness In AIG Fraud Case Thursday, 6 Dec 2007 | 5:12 PM ET

    Billionaire investor Warren Buffett, slated to be called as a prosecution witness in the criminal fraud trial against five executives for allegedly helping American International Group inflate its reserves, may also be called as a defense witness by at least one of the defendants, CNBC has learned.

  • Buffett to Testify in AIG Fraud Case Tuesday, 4 Dec 2007 | 7:12 AM ET

    Federal prosecutors intend to call billionaire investor Warren Buffett to testify against five former senior insurance executives charged with helping the American International Group to manipulate its financial statements through $500 million in phony transactions, according to court documents.

  • While political reporters like me are largely focused on the 2008 presidential race, our dysfunctional governmental apparatus in Washington continues laboring, however haltingly, in search of some tangible accomplishments. And some of them would have significant impact on Wall Street and the business community more broadly.

  • SEC Votes to Restrict Shareholder Proxy Access Wednesday, 28 Nov 2007 | 1:47 PM ET

    The U.S. Securities and Exchange Commission voted 3-1 Wednesday to allow companies to exclude shareholder proposals regarding director nominations from the annual proxy statement.

  • Countrywide has been very smart about figuring out ways to make money from every part of the mortgage process. Here's an example pointed out to me. Countrywide reinsures some of its mortgages. When a homebuyer puts down only 10%, he or she usually has to buy mortgage insurance from a third party (I thought mortgage insurance was dead in the age of 80-20 loans, but apparently not).

  • E-Trade Financial Holding Talks With Possible Buyers Friday, 23 Nov 2007 | 11:55 AM ET
    E Trade

    E-Trade Financial, the beleaguered online trader, is in talks to sell itself, according to people familiar with the situation. Bankers say that while there is plenty of interest, it is far from clear whether anything will get done.