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Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses and other benefits last year, an Associated Press analysis reveals. ...more
December 22, 2008
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals. ...more
December 21, 2008
Madoff Monitored By Feds; Obama Reacts To Scandal NEW YORK (AP) - Bernard Madoff spent his first day under electronic monitoring Thursday as President-elect Barack Obama said the scandal brought on by the disgraced investor "has reminded us yet again of how badly reform is needed." ...more
December 21, 2008
Confidence in the wisdom of the custodians of the economy has taken a big hit this year. The people in charge of our investments and our taxes no longer seem so conservative, so diligent or so smart. ...more
December 20, 2008
Bernard Madoff's amazing Ponzi scheme has put him in a league of his own, for now. He shouldn't be alone for long. ...more
December 20, 2008
CHICAGO - President-elect Barack Obama has chosen three veteran financial regulators to serve the country as it faces unrelenting turmoil in financial markets and the broader economy. ...more
December 18, 2008
The fraud investigation of Wall Street money manager Bernard L. Madoff took unusual twists Wednesday as the U.S. attorney general removed himself and the Securities and Exchange Commission looked into the relationship between Madoff's niece and a former SEC attorney who reviewed Madoff's business. ...more
December 18, 2008
Investigators pouring over Bernard Madoff's books said they have discovered the money manager falsified documents to hide massive losses to investors in a fraud case that could take months to unravel, an official helping to oversee the firm's liquidation said. ...more
December 17, 2008
When Kash n' Karry started transforming into Sweetbay Supermarket, it not only developed a fresher, more lively atmosphere, it picked up a high-price image, too. ...more
December 16, 2008
When Kash n' Karry started transforming into Sweetbay Supermarket, it not only developed a fresher, more lively atmosphere, it picked up a high-price image, too. The Tampa-based grocery chain has been battling that image for more than a year through heavy advertising and in-store promotions. It now thinks it has changed many customers' minds. ...more
December 15, 2008
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