The Real Story Behind the Rushed Blagojevich Bust: : Conventional wisdom holds that U.S. Attorney Patrick Fitzgerald ordered the FBI to arrest Rod Blagojevich before sunrise Tuesday in order to stop a crime from being committed. But the opposite is true:
From Paris to Tokyo, more Madoff victims emerge: BNP Paribas, the biggest French bank, said Sunday that it has as much as €350 million, or $472 million, at risk from Madoff's investment advisory business. Nomura Holdings of Japan has ¥27.5 billion, or $302 million, at risk from Madoff's funds, while Banco Bilbao Vizcaya Argentaria of Spain may face up to €300 million in losses.
Faber Report -- Madoff: CNBC's Davif Faber reports on the $50 billion Ponzi scheme run bu ex-NASDAQ chairman Bernard L. Madoff.
Report: Elie Wiesel, Steven Spielberg among victims of Madoff affair: An alleged $50 billion fraud by Wall Street financier Bernard Madoff has caused deep ripples in the Jewish philanthropic world, forcing the closure of two prominent U.S.-based charities and threatening the financial lifeline of a slew of other groups.
Siemens to pay $1.3 billion in fines: In Washington, Siemens's general counsel, Peter Solmssen, signed an $800 million settlement with the U.S. Department of Justice and the Securities and Exchange Commission to end an inquiry into possible violations of the Foreign Corrupt Practices Act. The fine is, by a colossal margin, the largest ever imposed under the U.S. antibribery legislation, now 31 years old.
Dollar Staggers as U.S. Unleashes Cash Flood, Deficit : The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a four-month, 24 percent rally.
Get ready for 'Toyota shock': First came the "Sony Shock.": No, not news last week that the consumer-electronics giant is cutting 16,000 jobs - the other shock. For investors, the big one came in April 2003, when shares fell 27% in two days.
Americans rich and poor pawn more to pay bills: Whether it's a Tiffany diamond or a three-year-old lawnmower, more and more Americans from all social classes are pawning their possessions to make ends meet.
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