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  • Another Music Lawsuit, but with an Unexpected Target Thursday, 2 Jul 2009 | 3:57 AM ET

    It's not surprising that there's yet another lawsuit claiming copyright infringement in the music industry. But it is surprising that this latest suit doesn't attack typical pirates, but companies that actually run paid online music subscription services.

  • UK Freezes $100 Million in Stanford-Linked Assets Tuesday, 30 Jun 2009 | 4:00 PM ET
    Allen Stanford

    Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud.

  • Madoff Investors 'Greedy': Hendry Tuesday, 30 Jun 2009 | 4:52 AM ET

    People who invested with Bernard Madoff were greedy and happy to accept high returns without probing too much in the way these were achieved, Hugh Hendry, chief investment officer at hedge fund Eclectica, told CNBC Tuesday.

  • Madoff Gets 150 Years Monday, 29 Jun 2009 | 9:06 PM ET
    Bernard Madoff

    The 150-year prison sentence issued to swindler Bernard Madoff Monday will send a strong signal to other potential perpetrators of fraud and to the financial markets in general, the White House said in a statement Monday.

  • High Court: Drug Data-Mining Not Free Speech Monday, 29 Jun 2009 | 10:53 AM ET

    The U.S. Supreme Court declined on Monday to hear an appeal by two publishers of health-care information arguing that data mining for commercial purposes is protected by free-speech rights.

  • Supreme Court Rebuffs Hollywood Anti-DVR Bid Monday, 29 Jun 2009 | 10:40 AM ET

    Hollywood studios and television networks have lost a Supreme Court bid to block the use of a new digital video recorder system that could make it cheaper and easier for viewers to record shows and watch them when they want, without commercials.

  • Investors Compete for a Piece of the Madoff Pie Monday, 29 Jun 2009 | 9:37 AM ET

    Bernard Madoff's victims are  warring over funds from the government-chartered agency that insures brokerage customers, The New York Times reports.

  • Prosecutors Want 150-Year Sentence for Madoff Friday, 26 Jun 2009 | 7:16 PM ET
    Bernie Madoff mugshot

    Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.

  • Stanford in Texas, To Appear in Court Thursday Wednesday, 24 Jun 2009 | 4:21 AM ET

    Allen Stanford is back in his home state of Texas and is being held at a federal detention facility in Conroe, Texas, about 40 miles north of Houston, according to his attorney.

  • Huntsman Settles with 2 Banks for $1.7 Billion Tuesday, 23 Jun 2009 | 4:23 PM ET

    Huntsman said Tuesday two investment banks will pay it a $1.7 billion settlement over its accusation they schemed to scuttle a $6.5 billion buyout of the chemicals maker last year.

  • Madoff Suits Add Details About Fraud Tuesday, 23 Jun 2009 | 10:27 AM ET

    Three lawsuits filed on Monday provided new details about what regulators say went on inside Bernard L. Madoff’s long-running Ponzi scheme, including information about who might have helped perpetuate the fraud for so long.

  • Madoff Lawyer Seeks 12-Year Term for Swindler Tuesday, 23 Jun 2009 | 9:57 AM ET
    Bernie Madoff mugshot

    Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.

  • Settlement Anticipated in UBS Secrecy Case Tuesday, 23 Jun 2009 | 6:01 AM ET
    UBS

    The Justice Department may drop a closely watched legal case aimed at forcing the Swiss bank UBS to divulge the names of 52,000 wealthy American clients suspected of offshore tax evasion, a United States official briefed on the matter said Monday, the New York Times reported.

  • Recession Lesson From a Caveman Thursday, 18 Jun 2009 | 3:21 PM ET

    If you want to ride out the rest of this recession in a cave, that’s fine — just make sure it’s up to code. Just one of the valuable recession lessons you can learn from a caveman!

  • Summers: No Winners Or Losers In Financial Reforms Wednesday, 17 Jun 2009 | 3:13 PM ET
    Treasury Secretary Nominee Lawrence Summers

    National Economic Counsel Advisor Larry Summers told CNBC Tuesday that President Obama's call for new regulations in the financial industry has no winners or losers and is more like a re-organization than creating new agencies

  • Exxon Ordered to Pay Interest on Alaska Spill Award Tuesday, 16 Jun 2009 | 1:25 PM ET
    Exxon Mobile

    Exxon Mobil was ordered Monday to pay about $500 million in interest on punitive damages for the Exxon Valdez oil spill off Alaska, nearly doubling the payout to Alaska Natives, fishermen, business owners and others harmed by the 1989 disaster.

  • President Barack Obama

    President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression.

  • Chrysler and Italy's Fiat urged the US Supreme Court late Tuesday to move quickly on Chrysler's proposed sale to Fiat, saying their government-brokered deal could still unravel if it doesn't close by a June 15 deadline.

  • Gavel

    Exactly a year after swindler Samuel Israel III disappeared, the girlfriend who helped him has been sentenced to four months of home confinement.

  • Money Manager to Plead Guilty in Plane Crash Thursday, 4 Jun 2009 | 4:28 PM ET

    An Indiana money manager is set to plead guilty to charges of crashing an airplane near a Panhandle neighborhood in a botched attempt to fake his own death.