By most measures, including key ones such as sales and jobs growth, the great growth engine of the American economy in the past four decades is still in a recovery mode—not an expansionary one., as is the manufacturing sector.
Now for a bit of good news: Rationality may be breaking out in the hedge fund world.
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Federal regulators may be close to issuing enforcement action against mortgage servicers involved in faulty foreclosure paperwork.
When Andrew M. Cuomo was sworn in as New York’s chief executive six weeks ago, he took control of a multibillion-dollar budget, tens of thousands of state workers and hundreds of agencies. But Mr. Cuomo appears to want to hang on to his old job, too, reports the New York Times.
There’s an air of paranoia on Wall Street about today’s NYSE spacer deal with the Germans. But history suggests it’s unjustified. Inevitably, the new business unveiled today will also be shaped over time by changing needs.
Anyone who cares about deals would do well to read Monday’s opinion from Chancellor Laster in the litigation brought by shareholders against Del Monte Foods.
The merger deal between NYSE Euronext and Deutsche Boerse, creating the world's largest exchange operator, is likely to have multiple levels of cultural challenges, Rodgin Cohen, senior chairman Sullivan & Cromwell, told CNBC on Tuesday.
The rolling real estate crash that ravaged Florida and the Southwest is delivering a new wave of distress to communities once thought to be immune — economically diversified cities where the boom was relatively restrained, the New York Times reports.
Whistleblowers who expose fraud, corruption and other kinds of wrongdoing can be deeply religious people, whose faith gives them an identity outside their corporate life.
“Let the buyer beware” as a concept is staging a comeback as the trustee in the Madoff case argues that some investors were sophisticated enough to know it was a Ponzi scheme, the New York Times reports.
With new whistleblower rules coming to Wall Street, the industry's lobbyists have mounted a furious behind-the-scenes effort to constrain the reach of the new protections.
A suit by a mortgage insurer says that Bear Stearns pocketed money from bad loans instead of putting it toward mortgage bonds, the New York Times reports.
Two men, including a Wall Street veteran and a Minnesota trader who went undercover, explain how they worked with the IRS and FBI to expose tax fraud.
This is the story of the most successful—and least known—whistleblower operation of all time. Four men who have made a vast fortune blowing the whistle on the drug industry, forcing Big Pharma to pay the federal government over a billion dollars in settlements.
Bradley Birkenfeld once lived the high life as secret Swiss banker at UBS in Geneva. Then he delivered some of the world’s best-kept secrets to the US government, expecting a great reward. And now he sits in federal prison in Pennsylvania.
Cheryl Eckard became the largest individual whistleblower award recipient ever, hauling in a $96 million bounty as her reward for providing information to the government about manufacturing problems at GlaxoSmithKline.
Have you ever been tempted to blow the whistle on something suspicious you've witnesses in the workplace? Take our poll and share your opinion.
The Obama administration and House Republicans are settling into a game of chicken over Fannie Mae and Freddie Mac, with each side daring the other to advance a plan. The NYT reports.