Thursday May 24, 2012
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Boardroom News
Court refuses to delay BofA, Merrill settlement case
May 15, 2012

(Reuters) - A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co. U.S. D...

Euro zone finance ministers dismiss Greek exit "propaganda"
May 15, 2012

BRUSSELS/ATHENS (Reuters) - Euro zone finance ministers dismissed talk of Greece leaving the euro zone as "propaganda and nonsense" on Monday, but said the country had to respect the terms of the bailout program agreed with the EU and the International...

Greek deadlock heightens fears of full European economic crisis
May 15, 2012

Political deadlock in Greece rattled world markets Monday, reviving fears that the fractious Mediterranean country could spurn an international bailout, abandon the common European currency and risk a fresh round of world economic turmoil.
Read full a...

Brady and DeMint: Saying no to state bailouts
May 14, 2012

Congress must make plain that American taxpayers will not protect states from the consequences of their policies.

Creativity leads to unexpected healthcare breakthroughs
May 14, 2012

Guest post by Markus Fromherz
Chief Innovation Officer, Healthcare at Xerox
Lately, there has been a renewed interest in harnessing creativity in business. Last year, in “Spark: How Creativity Works,” Julie Burstein and Kurt Andersen recounted in...

Dewey lawyers in Poland flee to Greenberg Traurig
May 14, 2012

(Reuters) - More than 50 lawyers from Dewey & LeBoeuf, the ailing U.S. law firm on the verge of closure, jumped ship to rival Greenberg Traurig on Monday. The defections, which include the bulk of Dewey's Warsaw office and at least two partners from it...

Falcone’s LightSquared files for bankruptcy
May 14, 2012

(Reuters) - Hedge fund manager Philip Falcone's dream of bringing another wireless network to the United States likely came to an end on Monday, when LightSquared Inc, the ailing telecommunications company he bankrolled, filed for bankruptcy protection...

Analysis: Sharks circle McClendon’s Chesapeake
May 14, 2012

HOUSTON/NEW YORK (Reuters) - Chesapeake Energy Corp's increasing shift from bank loans to costly funding is raising fresh questions about how long the spigot of cash will remain open and whether the company can sell enough assets quickly enough to pay ...

Gannett up on a down day as CFO resigns to go elsewhere
May 14, 2012

Gannett announced on May 14 that its CFO Paul Saleh had resigned to join another Fortune 200 company.  On a day when most stocks were down and some more than others, GCI managed to post a small gain.  In an interesting series of events, Ganne...

SEC charges China-based company and executive for concealing loans to benefit his family
May 14, 2012

FOR IMMEDIATE RELEASE
2012-92

Washington, D.C., May 14, 2012 – The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and ...

SEC Charges China-Based Company and Executive for Concealing Loans to Benefit His Family
May 14, 2012

FOR IMMEDIATE RELEASE
2012-92

Washington, D.C., May 14, 2012 – The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and ...

SEC Charges China-Based Company and Executive for Concealing Loans to Benefit His Family
May 14, 2012

FOR IMMEDIATE RELEASE
2012-92

Washington, D.C., May 14, 2012 – The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and ...

SEC Charges China-Based Company and Executive for Concealing Loans to Benefit His Family
May 14, 2012

FOR IMMEDIATE RELEASE
2012-92

Washington, D.C., May 14, 2012 – The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and ...

SEC Charges China-Based Company and Executive for Concealing Loans to Benefit His Family
May 14, 2012

FOR IMMEDIATE RELEASE
2012-92

Washington, D.C., May 14, 2012 – The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and ...

Yahoo Interim CEO Is Ad World Veteran
May 14, 2012

Yahoo's interim CEO, Ross Levinsohn, forged strong alliances with executives at Madison Avenue agencies that represent the biggest ad spenders, setting him apart from his predecessors, who had no ad experience.

Yahoo Interim CEO Is Ad World Veteran
May 14, 2012

Yahoo's interim CEO, Ross Levinsohn, forged strong alliances with executives at Madison Avenue agencies that represent the biggest ad spenders, setting him apart from his predecessors, who had no ad experience.

Yahoo Interim CEO Is Ad World Veteran
May 14, 2012

Yahoo's interim CEO, Ross Levinsohn, forged strong alliances with executives at Madison Avenue agencies that represent the biggest ad spenders, setting him apart from his predecessors, who had no ad experience.

Yahoo Interim CEO Is Ad World Veteran
May 14, 2012

Yahoo's interim CEO, Ross Levinsohn, forged strong alliances with executives at Madison Avenue agencies that represent the biggest ad spenders, setting him apart from his predecessors, who had no ad experience.

Credit easing in U.S., Fed chairman says
May 14, 2012

Federal Reserve Chairman Ben Bernanke notes that while credit conditions have improved, even creditworthy borrowers are facing difficulty in finding mortgage financing.

Oracle chairman gives $50 million to UC Santa Barbara amid cuts
May 14, 2012

Oracle Chairman Jeff Henley is giving $50 million to the University of California, Santa Barbara, the school's largest donation in history.