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Law Legislation

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    Monaco succumbed to international pressure over the weekend, becoming the latest country to adopt international standards for banking openness and information-sharing at a time when the United States and its European allies in battling tax evaders face what could be years of negotiations before they are able to proclaim victory.

  • Stocks went four for four Friday in a dramatic win that delivered stocks their best week since November.

  • Twitter

    A building materials company and its owner have appealed a $12.6 million verdict against them, alleging that a juror was posting related messages on Twitter.com while hearing the case.

  • Stocks opened slightly higher Friday amid some much-needed good news from banks.

  • Futures pointed to a fourth straight session of gains Friday amid some much-needed good news from banks.

  • New York State Attorney General Andrew Cuomo, Rep. Barney Frank and other lawmakers are discussing a plan to link executive pay to the long-term performance of companies, the Wall Street Journal said.

  • Bernard Madoff pled guilty to eleven charges stemming from his alleged $64 billion Ponzi scheme today. His victims were given a chance to speak in court, though some did not in spite of their lingering questions.

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    Here is the text of Bernard Madoff's prepared plea allocution statement, delivered Thursday in U.S. District Court in New York

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    Citi analyst Deborah Weinswig downgrades Wal-Mart shares to hold from buy, citing fears that proposed legislation intended to make it easier for employees to unionize will boost Wal-Mart's labor costs and hurt its ability to compete.

  • Helg Sgarbi

    A man dubbed "the Swiss gigolo" by the German media was sentenced to six years in prison Monday for defrauding Germany's richest woman of $9 million (euro 7 million) and attempting to blackmail her for tens of millions more.

  • A long-running lawsuit brought by Enron investors against three financial firms over their dealings with the collapsed energy trader has been dismissed by a federal judge in Houston.

  • Andrew Cuomo

    New York Attorney General Andrew Cuomo has issued subpoenas to seven top executives at Merrill Lynch -- executives who earned more than $200 million last year, according to sources familiar with the investigation. 

  • stimulus_package_5b.jpg

    Everyone knows that construction companies are profiting from the stimulus bill, but tech firms are cashing in, too.

  • citigroup_building1.jpg

    Citigroup's recent arrangement for converting some of the government’s preference shares into ordinary shares causes a significant loss to the retail investor, Citigroup shareholder Victor Filatov, former president of Capula Investment Management, told CNBC.

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    Some media executives are growing concerned that the increasingly popular curators of the Web that are taking large pieces of the original work — a practice sometimes called scraping — are shaving away potential readers and profiting from the content, the New York Times reports.

  • For many Americans, the current recession is their first brush with unemployment. The newly jobless face a host of questions over how to navigate a system of unemployment insurance benefits.

  • UBS

    Federal authorities suspect the scandal over Americans’ secret offshore accounts at UBS, the big Swiss bank, runs far deeper than they believed only a week ago.

  • The special Town Hall event isn't over. Click through for the questions and answers you didn’t see on T.V.

  • Also, how we need to acknowledge the mistakes of the past and make sure we don't repeat them in the future.

  • UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of their identities as part of a tax-evasion investigation by the United States Justice Department.