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No Criminal Charges For Countrywide Former CEO

Bloomberg Businessweek | Posted 05.25.2011 | Business


'Flash Crash' Panel Calls For U.S. Market Overhaul

Posted 05.25.2011 | Business

WASHINGTON/NEW YORK (By Roberta Rampton and Jonathan Spicer) - U.S. regulators should stem the growing tide of anonymous stock-trading and consider c...

Greenspan On Financial Crisis: 'Not Bad'

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Former Federal Reserve chairman Alan Greenspan oversaw policies that contributed to the worst economic catastrophe since the Depression. But the morni...

The Salaries Behind The Scenes At The Oscars

The Huffington Post | Nicole Hardesty | Posted 05.25.2011 | Business

On Sunday night when you're watching the Academy Awards to see who wore what, who came with who and who left a winner, what you won't see are the doze...

Accused Ponzi Schemer Stanford Sues Fed For $72 Billion

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — Jailed Texas financier R. Allen Stanford has filed a lawsuit accusing prosecutors and federal agents of depriving him of his constitutiona...

Future Proofing the Boardroom: Today's Agendas

Lucy P. Marcus | Posted 05.25.2011 | Business
Lucy P. Marcus

The board room agenda is going through a reformation. What are some of the essential things that boards and board members need to think about? Five areas need an update.

State Pension Contribution Plan Called 'Incredibly Dangerous'

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As state and local governments face daunting pension shortfalls, some pension systems are taking controversial steps to stay solvent. As lawmakers ...

Will NYSE's Merger Help Prevent Another 'Flash Crash'?

Posted 05.25.2011 | Business

NEW YORK (By Jonathan Spicer) - The merger frenzy among the world's top exchanges could cast the U.S.-centric "flash crash" debate in a global light,...

William Alden

Middle East Protests Spark 'Fears Of The Unknown,' As Prices Rise | William Alden | Posted 05.25.2011 | Business

As civil unrest spreads through the Middle East, investors continue to fear that political change in the region could disrupt the world's economies. ...

111 Charged In Medicare Scams Worth $225 Million

AP | KELLI KENNEDY | Posted 05.25.2011 | Business

MIAMI — Federal authorities charged more than 100 doctors, nurses and physical therapists in nine cities with Medicare fraud Thursday, part of a...

BP Took Advantage Of Cleanup Workers, Lawsuit Says

AP | HARRY R. WEBER | Posted 05.25.2011 | Business

NEW ORLEANS — Three workers who helped BP in its oil spill cleanup efforts after last year's disaster accuse the oil giant in a federal lawsuit ...

North Dakota Oil Boom Outpaces Oversight

AP | JAMES MacPHERSON | Posted 05.25.2011 | Green

BISMARCK, N.D. — Understaffed and overwhelmed, government oilfield inspectors are struggling to provide adequate oversight amid an explosion of ...

Jobless Claims Rise Again

Posted 05.25.2011 | Business

WASHINGTON (Reuters) - New U.S. claims for unemployment benefits rose more than expected last week, according to a government report on Thursday that...

Wall Street Is Bullish on (Its) Online Video Programming (VIDEO)

Andy Plesser | Posted 05.25.2011 | Media
Andy Plesser

Many top financial institutions are producing original video programming in-house. And we got an overview on the Reuters Insider by Managing Director Mike Stepanovich.

Simon Johnson: JPMorgan Chief's 'Biggest Disaster' Is Waiting

Bloomberg News | Simon Johnson | Posted 05.25.2011 | Business

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., has harsh words for Fannie Mae and Freddie Mac. They are "the biggest disasters of all t...

WATCH: Fannie CEO Explains Why He Deserves To Be Paid More Than Barack Obama

Posted 05.25.2011 | Business

WASHINGTON (By Corbett B. Daly) - A key congressional panel charged with overseeing financial matters plans to question Fannie Mae and Freddie Mac ex...

JPMorgan Accused of Fraudulently Selling Securities

The Huffington Post | William Alden | Posted 05.25.2011 | Business

JPMorgan Chase is being sued by Allstate insurance company for fraud, in the latest example of a big bank being accused of knowingly selling a poor-qu...

Building Momentum for Your Membership Site

Peggy McColl | Posted 05.25.2011 | Business
Peggy McColl

So you have created all of the features of your membership site. You have a great sales page and you have promoted it through colleagues and social ...

Has Coca-Cola's Top-Secret recipe Been Leaked? Not Really

Daily Finance | Bruce Watson | Posted 05.25.2011 | Business

Coke (KO) is the real thing, at least as far as American consumers are concerned. A fixture on the cultural scene almost since its 1886 introduction, ...

GM Recalls Best-Selling Cadillac For Wheel Problem

Posted 05.25.2011 | Business

(Reuters) - General Motors Co (GM.N) is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the rear wheels to become unsta...

Wholesale Prices Rise For 7th Straight Month

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011 | Business

WASHINGTON — Steady improvement in the economy may soon come at a price – faster inflation. Shoes, clothes, tires, plastics and other pro...

Factory Production Grows, Helping Boost Recovery

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — Factories produced more goods for the fifth straight month in January as strong auto sales spurred demand for new cars and trucks. ...

Corporations Spending Again, But Job Growth Still Uncertain

The Huffington Post | William Alden | Posted 05.25.2011 | Business

In a sign that the pace of recovery could be quickening, corporations are starting to spend money. After the recession prompted many companies to pad...

William Alden

Fed: Employment Won't Recover To Pre-Recession Level | William Alden | Posted 05.25.2011 | Business

The national employment situation has slowly been improving, but fundamental shifts in the economy may prevent a full recovery, a new Federal Reserve ...

JPMorgan Aims To Make Amends With Military Clients

AP | Posted 05.25.2011 | Business

NEW YORK — JPMorgan Chase & Co. on Tuesday announced new programs geared toward military customers and veterans, and apologized for overcharging...