Lehman Used Accounting Tricks to Hide $50 Billion: Report

business

Mar 12, 2010

Lehman Used Accounting Tricks to Hide $50 Billion: Report

A examiner’s report on failed Wall Street firm Lehman Brothers concludes its former CEO, Richard Fuld, was “at least grossly negligent” in signing off on accounting documents that used sleight of hand to hide $50 billion.

Weak Economy Means It's a Freebie Nation

business

Mar 12, 2010

Weak Economy Means It's a Freebie Nation

Whether it's to boost sagging business or attract customers to a new product, there seems to be a freebie fad going on. That's a boon for budget shoppers and can be good for companies too.

Fannie and Freddie's $125B Tab Swelling

business

Mar 11, 2010

Fannie and Freddie's $125B Tab Swelling

The feds are winding down most of their big lender bailouts, but they're pumping more and more money into beleaguered mortgage giants Fannie Mae and Freddie Mac.

Mexican Tycoon Carlos Slim Tops World's Richest List

business

Mar 11, 2010

Mexican Tycoon Carlos Slim Tops World's Richest List

Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery.

Toyota, U.S. Officials to Probe Runaway Prius

business

Mar 9, 2010

Toyota, U.S. Officials to Probe Runaway Prius

U.S. safety regulators and Toyota Motor Corp dispatched investigators to San Diego on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier.

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