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  • Stay Out of Russia Until They Fight Graft: Investor Tuesday, 7 Jul 2009 | 9:16 AM ET

    Investors should stay out of Russia until the fight against corruption and the rule of law improve in that country, William Browder, CEO of Hermitage Capital Management, has been denied entry into Russia since 2006, told CNBC.

  • Plan to Sell General Motors' Assets Is Approved Monday, 6 Jul 2009 | 12:41 AM ET
    GM Dealership

    A federal judge late on Sunday approved a plan by General Motors to sell its best assets to a new, government-backed company, a crucial step for the automaker to restructure and complete its trip through bankruptcy court.

  • Drug Bust Nets Heroin Stuffed in Build-A-Bear Toys Sunday, 5 Jul 2009 | 10:21 AM ET

    A dozen people have been arrested, and 33 pounds of heroin worth $30 million and stuffed insideBuild-A-Bear toys has been seized in a drug bust in the Bronx.

  • 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.

  • Dow Rallies as Oil Tops $71, Madoff Gets Max Monday, 29 Jun 2009 | 5:21 PM ET

    Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.

  • Stocks Rally as Oil Tops $71, Madoff Gets Max Monday, 29 Jun 2009 | 2:09 PM ET

    Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel.

  • Stocks Rally as Madoff Gets 150 Years Monday, 29 Jun 2009 | 11:43 AM ET

    Stocks rallied Monday as Bernie Madoff received the maximum sentence and oil topped $71 a barrel.

  • 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.

  • Futures Higher Before Madoff; Wendy's Pops Monday, 29 Jun 2009 | 8:12 AM ET

    Wall Street eased into a holiday-shortened week with stock index futures pointing to a slightly lower opening Monday.

  • 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.

  • Italy Intercepts Billions in Fake Treasurys Friday, 26 Jun 2009 | 4:52 AM ET

    Ever since two middle-aged men with Japanese passports were caught in Italy this month trying to smuggle a purported $134.5 billion in United States government bearer bonds into Switzerland, the Internet has been abuzz with theories.

  • Stanford in Jail as Prosecutors Protest Bond Thursday, 25 Jun 2009 | 8:09 PM ET

    A federal magistrate in Houston has agreed to release indicted billionaire Allen Stanford on bond, but the release has been delayed while prosecutors appeal the ruling.

  • Stanford Pleads Not Guilty; Trial Set for Aug. 25 Thursday, 25 Jun 2009 | 3:23 PM ET
    Allen Stanford

    Billionaire R. Allen Stanford, who faces charges of fraud and conspiracy on allegations he swindled investors out of $8 billion in an elaborate Ponzi scheme, pleaded not guilty Thursday. The detention hearing will begin shortly.

  • German Senior Citizens ‘Kidnap, Torture’ Advisor Wednesday, 24 Jun 2009 | 7:25 AM ET

    A group of well-to-do German senior citizens, who lost their savings in the credit crunch, staged a revenge attack and held their terrified financial advisor to ransom, according to several published reports Wednesday.

  • 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.

  • Billionaire Stanford Enters Court in Shackles Friday, 19 Jun 2009 | 7:16 PM ET

    Texas billionaire R. Allen Stanford entered a federal courtroom to face charges that he ran a $7  billion Ponzi scheme in shackles, a stark contrast from his usual polished look.  Defense attorneys accused the government of grandstanding.

  • Brash Texas billionaire R. Allen Stanford was indicted and jailed Friday on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery.