- Alcatel-Lucent in Strategy Review, Slowdown Spreads
- Oil Price, Asset Sales Boost Shell Profit 71%
- European Shares Set to Follow Asia Higher
- Nikkei Jumps 10% on Soft Yen, BOJ Rate Cut Talk
- Markets Signal Tentative Return of Risk Taking
- Singapore's Casino Opening to Be Delayed
- Hynix Posts Heavy Quarter Loss on Writeoffs, Downturn
- RBA Says Inflation May Limit Rate Room Flexibility
- Japan Leaps 10%, Leading the Asian Charge
- Lightning Round: Telefonica, Bank of Ireland, Allied Capital and More
- Lightning Round OT: Southwest Gas, Tyson Foods and More
- Is Trinity on Track?
- Cramer: Not All Dividends Are Safe
- Why the Rate Cut Matters
- Your First Move For Thursday October 30th
- Web Extra: Fast & Furious Trades For Thursday
- Comcast Earnings: Recession Resistance
- UPDATE: Wall Street Bonus Outrage
- Pernod Ricard Q1 sales up 13 percent
- Deutsche Bank reports 3Q profit of 414M euros
- India inflation eases to 10.68 percent
- BASF 3Q profit down, but sales rise
- Hynix reports 3rd-quarter net loss on costs
- Unilever reports 63 percent jump in 3Q earnings
- Metro net profit increases, but outlook gloomy
- World Economic Forum meets in Turkey
- MAN's 3Q, 9-month profit gain
- Alcatel-Lucent losses decline in 3Q
WASHINGTON - The founding director of the National Museum of the American Indian has agreed to reimburse the Smithsonian Institution for more than $9,700 in payments.
According to an audit released Wednesday by the Smithsonian Inspector General, the payments to W. Richard West Jr. for some dinners and expenses could be considered "extravagant" for a nonprofit museum director.
The audit confirms earlier reports that the museum spent $48,500 for a portrait of West before his 2007 retirement and more than $30,000 for an eight-minute video extolling his leadership. The report said West traveled more than any other Smithsonian executive as part of his job but sometimes mixed business with personal vacations.
In a statement responding to the inspector general's report, West said he "should have exercised better judgment."


