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News & Updates
November 7, 2011 Two class-action suits filed against MF GlobalSource: Today Online
NEW YORK - Two class-action lawsuits have been filed against MF Global Holdings, which filed for bankruptcy protection almost a week ago. On Saturday, Seattle-based Hagens Berman said it was "investigating whether the company...
November 7, 2011 Secret 'Watch List' Reveals Failure To Curb Toxic Air - text/audioSource: National Public Radio
The system Congress set up 21 years ago to clean up toxic air pollution still leaves many communities exposed to risky concentrations of benzene, formaldehyde, mercury and many other hazardous chemicals. Pollution violations at...
November 4, 2011 Lead regulator: MF Global actions broke ‘core foundation of customer protection’ in marketsSource: Washington Post
WASHINGTON — A regulator investigating the collapse of Jon Corzine’s securities firm, MF Global, said Thursday that the firm’s failure to separate its clients’ money from its own assets violated “the core foundation” of investor...
Source: Washington Post
Some of the latest developments in the Occupy protests taking place in cities across the world:
November 3, 2011 GlaxoSmithKline agrees $3bn drug settlementSource: Financial Times
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November 3, 2011 Many companies pay no income taxes, study findsSource: CNN Money
The corporate tax rate is 35%. But an examination of 280 of the nation's largest corporations suggests that many aren't paying anything close to that. The real tax rate paid by a slew of major corporations averages closer to...
October 31, 2011 Crime, punishment, and the shame of being a MadoffSource: CBS News
When news broke that Bernard Madoff had swindled thousands of people out of billions of dollars, many assumed that his family must have known all along. But Madoff's wife Ruth and son Andrew tell Morley Safer they were blindsided...
October 28, 2011 Olympus analysts surrender, leave clients in darkSource: Reuters
Just when clients needed them most, at least eight brokerage research analysts covering Olympus suspended their ratings of the Japanese firm, leaving investors in the dark on whether to buy, sell or hold.
October 27, 2011 With Gupta’s Arrest, Insider Inquiry Goes Beyond Wall St.Source: NY Times
Rajat K. Gupta, a former director at Goldman Sachs and Procter & Gamble, pleaded not guilty Wednesday to insider trading charges, setting the stage for a courtroom battle that will extend the government’s broad crackdown on Wall...
October 26, 2011 Rupert Murdoch’s sham governance on full displaySource: Reuters
Rupert Murdoch still gets a kick out of the “fair and balanced” slogan used by his Fox News channel. He had a good laugh about it only last week at News Corp’s annual shareholder meeting. The results of a vote conducted at that...
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