Minh Uong/The New York Times
Many Banks Are Clinging to Billions in Bailout Money
By BEN PROTESS and ERIC DASHNearly 600 institutions are holding on to more than $30 billion, about 13 percent of the $245 billion handed out to banks during the financial crisis.
Andrew Harrer/Bloomberg News
Goldman Will Repay Buffett His $5 Billion
By SUSANNE CRAIGWarren E. Buffett will get back the principal and a $500 million bonus because Goldman is paying back the investment early.
Ex-Goldman Programmer Gets Jail Term of 8 Years for Code Theft
Sergey Aleynikov received a lighter sentence than prosecutors asked after he was convicted of stealing Goldman Sachs’s proprietary trading code.
Cheryl Gerber for The New York Times
Ewald Groetsch, who lost $500,000, is among those pursuing an arbitration claim.
Judge Backs Arbitration in Case Against Securities America
The ruling is potentially costly to the brokerage firm, which preferred a class-action settlement of investors’ claims from a $48 million fund.
Michael Appleton for The New York Times
Mykalai Kontilai of “Nightly Business Report.”
Owner Weighs Options for ‘Nightly Business Report’
The majority owner of the “Nightly Business Report” has hired a financial adviser to weigh strategic options for the program, from selling a minority stake up to selling the entire company.
Seokyong Lee/Bloomberg News
Rajat K. Gupta
Ex-Goldman Director Sues S.E.C. Over Galleon Case
Rajat K. Gupta said the S.E.C. violated his rights by bringing its case in an administrative proceeding instead of suing in a court.
Andrew Harrer/Bloomberg News
As S.E.C. Watches, Secondary Market Seeks Transparency
SecondMarket, GreenCrest Capital and SharesPosts are taking steps to increase their controls over the sales of shares of private companies.
With Fed Consent, Banks Raise Dividends and Buy Back Stock
Within hours of passing a second round of stress tests, several major lenders announced they would start rewarding investors again.
Talbot Group Holdings, via Bloomberg
Talbot Group Selling Off Mining Assets
The mining investment firm, whose director, Ken Talbot, was killed in a plane crash last summer, is starting to sell off its assets.
Breeden to Step Down as Chairman of H&R Block
Richard Breeden, an activist investor, said he would step down as chairman of H&R Block — calling his effort at the tax preparer “mission accomplished.”
Beth Hall/Bloomberg News
H. Lee Scott Jr., former chief executive of Wal-Mart Stores.
Former Wal-Mart Chief to Leave Goldman Board
The investment bank announced that H. Lee Scott, Jr., the former chief executive of Wal-Mart Stores, will not stand for re-election at the annual meeting in May.
Jack Atley/Bloomberg News
General Mills Nears $1.1 Billion Deal to Buy Half of Yoplait
A deal would allow General Mills to continue distributing Yoplait in the United States, as it has since 1977.
F.D.I.C. Sues Ex-Chief of Big Bank That Failed |
The Federal Deposit Insurance Corporation sued the former chief executive of Washington Mutual and two of his top lieutenants, accusing them of reckless lending before the 2008 collapse of what was the nation’s largest savings bank. Read More »
Crisis Prompts Exodus of Executives From Tokyo |
Japan’s nuclear crisis has prompted a steady departure of business executives from Tokyo, with many heading to Osaka, Fukuoka or other cities farther from the damaged reactors. Read more »
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