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February 10, 2011
AFP - London's leading stock market fell at the start of trading on Thursday, as investors weighed up the previous day's transatlantic merger and acquisition activity.
February 10, 2011
A suit by a mortgage insurer says that Bear Stearns pocketed money from bad loans instead of putting it toward mortgage bonds.
February 10, 2011
Hear that? That's Bank of America executives breathing a collective sigh of relief.
February 10, 2011
To many Republicans and the Obama administration, Fannie Mae and Freddie Mac, the government's mortgage giants, are ill. But rather than healing them, both sides agree that the companies should be left to die and that their support for the housing market should wither away.
February 10, 2011
The International Monetary Fund was hobbled by a "groupthink" that put too much trust in markets and the oversight of regulators in developed nations such as the United States, undercutting its ability to foresee the recent financial crisis, the agency's outside watchdog concluded in a new report.
February 9, 2011
Reuters - U.S. securities regulators moved to scale back market reliance on credit rating agencies, after the financial crisis laid bare the industry's shortcomings.
February 9, 2011
A new study from the BI Norwegian School of Management has found that a law passed requiring gender representation in management at all public companies has led to positive change.
February 9, 2011
The DirectWomen Board Institute will be holding a program from Feb. 9 to 11 to position women lawyers to serve on boards.
February 9, 2011
Some law firms are paying star attorneys $10 million per year, a large gap from the average partner salary of $640,000 a year.
February 9, 2011
Burrito chain Chipotle Mexican Grill restaurants in Minnesota, Virginia and Washington, D.C. are the subject of an immigration investigation.
February 9, 2011
President Obama's budget proposal gives states the ability to collect more taxes from businesses to fund unemployment programs.
February 9, 2011
Forty-one Wall Street lawyers, some previous SEC employees, have written an open letter to Congress to request more funding for the SEC.
February 9, 2011
Kindred Healthcare has agreed to buy RehabCare for $900 million, in a deal expected to close near the end of the second quarter.
February 9, 2011
The Federal Reserve has established a new rule to determine which firms carry so much systemic risk that they require greater regulation.
February 9, 2011
The agreement is an effort to get Britain’s biggest banks to lend more to businesses, which would help the economy, while reducing executive bonuses.
February 9, 2011
Reuters - American International Group Inc will take a fourth-quarter charge of $4.1 billion for raising loss reserves at global property insurer Chartis, the insurer said on Wednesday.
February 9, 2011
The Obama administration and House Republicans are settling into a game of chicken over Fannie Mae and Freddie Mac, with each side daring the other to advance a plan for replacing the two housing finance companies.
February 9, 2011
Ally Financial CEO Michael A. Carpenter talks about repaying bailout funds and the position of General Motors in the lending landscape.
February 8, 2011
The search for a new chief executive of Del Monte Foods Co. may not end before the likely completion of its private-equity buyout, a person familiar with the situation said.
February 8, 2011
The Justice Department charged three hedge fund portfolio managers and one analyst in a conspiracy that allegedly involved information about companies such as Advanced Micro Devices and Fairchild Semiconductor International. The scheme netted millions of dollars in illegal profits, the government sa