ALBUQUERQUE, N.M.— Albuquerque's former police chief potentially violated city and state ethics rules by influencing a no-bid $1.95 million contract to purchase body cameras before going to work as a consultant for the supplier, the New Mexico state auditor reported Thursday. Actions by Ray Schultz and his subordinates strongly suggest Taser...» Read More
Warren Buffett promises to answer all questions about the David Sokol scandal, and there will certainly be plenty of them tomorrow as roughly 40-thousand Berkshire Hathaway shareholders gather in Omaha. But Buffett tells us he doesn't expect a "different" tone at the meeting and predicts a lot of shareholders will concentrate on "Berkshire and its prospects."
Lawyers for Berkshire Hathaway and David Sokol fire off deuling public statements after the company's Audit Committee publicly accuses Sokol of betraying Berkshire.
Warren Buffett tells CNBC he wants to make his first public comments to shareholders this weekend about tonight's blistering report by Berkshire Hathaway's Audit Committee on David Sokol's Lubrizol trades.
How to avoid ending up as another once high-flying CEO now mired in scandal.
A House investigator says the panel handling Rep. Charlie Rangel's ethics case has recommended a reprimand by the full House—but that decision could be months away.
Democratic Rep. Charles Rangel said Friday he looked forward to clearing his name next week at a meeting of the House ethics committee, which has indicated the 40-year congressional veteran will be charged with serious violations.
Democratic New York Rep. Charles Rangel says he looks forward to next week's meeting of the House Ethics Committee, where allegations against him will be aired publicly for the first time.
Unless Wall Street gets back to the business of business—creating value—both Wall Street in general and the public at large are in for a continuous spectacle of scapegoats and politicians.
The Goldman Sachs deal that is the target of a Securities and Exchange Commission lawsuit may have been legal, but the case has triggered a debate about ethics on Wall Street.
Is marijuana a harmless giggle, as John Lennon once called it, or a dangerous and illicit addiction? The debate has once again been pushed to the forefront, thanks to a couple of timely factors.
Politically troubled New York Governor David Paterson found himself fighting a new charge Wednesday, this time over allegations that he accepted free tickets to New York Yankees baseball games.
The House Ethics Committee formally acknowledged that Rep. Maxine Waters (D-CA.) is under investigation for allegedly using her influence to help a bank in which her husband owned stock
Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting responsibility for certain wrongdoing and pays millions to victims.
The report from the Business Roundtable Institute for Corporate Ethics, comprised of U.S. business and academic leaders, and the CFA Centre for Financial Market Integrity asks that companies go beyond government regulations and standardize the way quarterly earnings reports are disseminated.
House and Senate Democrats are certainly trying to shake things up on Capitol Hill. Both chambers are expected to push an energy package through for some $15 billion in fees, taxes and royalties on big oil (we'll have another post on this subject). But--they're doing a lot more says CNBC's John Harwood on "Power Lunch."