Business News

Hundreds Of Millions More Dollars Of MF Global's Money Thought Missing

AP | The Associated Press | Posted 02.10.2012 | Business

Read More: MF Global Holdings, Mf Global Collapse, Video, Jon Corzine Mf Global, MF Global, Business News, Mf Global Bankruptcy, Mf-Global-Trustee, James Giddens, Business News

The trustee overseeing MF Global's liquidation said Friday that the shortfall between the funds under his control and the amount customers of the fail...

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The Most HIlarious #FedValentines

Posted 02.10.2012 | Business

Read More: Video, Twitter, Hashtags, Business News, Valentines Day, Ben Bernanke Federal Reserve, Federal Reserve, Ben Bernanke, Twitter Hashtags, Fedvalentines, Business News

Whoever said monetary policy isn't sexy just doesn't know what they're talking about. In anticipation of Valentine's Day, the twitterverse is abuz...

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The Story Of Obama's Brush With Political Disaster

The New Republic | Noam Scheiber | Posted 02.10.2012 | Business

Read More: Business News, Obama's Worst Year, Timothy Geithner, Obama-Disaster, Barack Obama, Business News

Shortly after four o'clock on the afternoon of Wednesday, April 13, 2011, U.S. Treasury Secretary Tim Geithner walked down the hallway near his office...

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Another Big Bank Slashes Its Bonus Pool

AP | Posted 02.10.2012 | Business

Read More: Barclays Bank, Video, Bank-News, Big-Bank-Pay, Business News, Bank Bonuses, Big Banks, Barclays, Barclays Bonuses, Business News

LONDON -- Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented ov...

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Obama: Boosting European Growth Is Important 'To Our Economy Back Here'

Reuters | Posted 02.10.2012 | Business

Read More: European Debt Crisis, U.S. Economy, Video, Europe Economy, European Economy, Eurozone Crisis, Obama Europe, Reuters, Business News, Euro Crisis, Business News

WASHINGTON, Feb 9 (Reuters) - President Barack Obama assured Italian Prime Minister Mario Monti on Thursday that the United States w...

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Stay Classy: Bargain Airline CEO Mocks Competitor's Laid-Off Workers

Posted 02.09.2012 | Business

Read More: Ryanair, Labor, Video, Michael O'leary Ryanair, Labor-News, Budget Airlines, Discount Airlines, Business News, Michael O'Leary, Airlines, Labor Unions, Business News

Getting laid off is one thing. But getting mocked by the head of another rival after it? That's even worse. At a Spanish airport this week, Michael...

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Bank Regulators Using Mortgage Deal To Levy Their Own Fines

Reuters | Posted 02.10.2012 | Business

Read More: Video, Foreclosure Crisis, Reuters, Office of the Comptroller of the Currency, Business News, National Mortgage Settlement, Housing Crisis, Foreclosure Settlement, Business News

* Fed penalties are part of April foreclosure agreement * Penalties are included in federal-state deal with banks * OCC ...

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Big Bank To 'Claw Back' Some Of It's Bankers' Bonuses

The Wall Street Journal | Deborah Ball | Posted 02.09.2012 | Business

Read More: Ubs-Bonuses-Fall, Claw-Back-Bonuses, Big-Bank-Bonuses, UBS Bonuses, Claw Backs, Big-Bank-Pay, Business News, Big Bank Compensation, Big Banks, Business News

ZURICH -- In another move to rein in compensation, UBS AG notified employees it will claw back part of the bonuses due to its best-paid investment ban...

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A Sign The Hiring May Be Strong Enough To Lower The Jobless Rate

AP | CHRISTOPHER S. RUGABER | Posted 02.09.2012 | Business

Read More: Jobs Crisis, Video, Jobless Rate, Unemployment Rate, Business News, Unemployment Benefits, Jobless Benefits, Weekly Jobless Claims, Jobless Claims, Business News

WASHINGTON — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue i...

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Greek Leaders Bailout Deal To Satisfy Lenders

Posted 02.09.2012 | Business

Read More: European Debt Crisis, Video, Greek-Debt-Deal, Greek Bailout Deal, Eurozone Crisis, Business News, Greek Debt Crisis, Euro Crisis, Greece Bailout, Business News

Greek political leaders have reached a deal on austerity measures that satisfy European Union and International Monetary Fund lenders, according to Th...

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Greek Leaders Fail To Agree On Bailout Deal, As Default Looms

Reuters | Posted 02.09.2012 | Business

Read More: European Debt Crisis, Greek Debt, Video, Europe Crisis, Greek-Debt-Deal, Reuters, Business News, Greek Bailout, Greek Debt Crisis, Euro Crisis, Business News

By George Georgiopoulos and Harry Papachristou ATHENS, Feb 9 (Reuters) - Greek leaders failed early on Thursday to agr...

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Dirty Harry

Gary Rich | Posted 02.08.2012 | Business

Read More: Management, Leadership, Executive Development, Executive Coaching, Training, Leadership Development, Business News, Leadership Training Programs, Business News

Recently, at the request of a board of directors, I met with a senior executive who was widely considered to be a leadership disaster, but his busines...

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National Mortgage Settlement All But Inevitable As California, New York Join Deal

HuffingtonPost.com | Loren Berlin | Posted 02.09.2012 | Business

Read More: Eric-Schneiderman-Attorney-General, Video, National Mortgage Deal, Kamala Harris, Eric Schneiderman, Robosigning, Business News, Kamala Harris Attorney General, Housing News, National Mortgage Settlement, Business News

A settlement between the nation's largest banks and the government over allegations of widespread mortgage fraud could come as early as Thursday, capp...

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Student Loans Could Be America's Next 'Debt Bomb,' Report Finds

The Huffington Post | Jillian Berman | Posted 02.08.2012 | Business

Read More: Business News, Obama Student Loans, Video, Personal Bankruptcies, Bankruptcy, Student Loans, Student Loan Debt, Personal Debt, Bankruptcy Attorneys, Business News

Growing numbers of Americans are finding themselves bankrupt, with their college diplomas partially to blame. Slightly more than 80 percent of ban...

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Goldman Official: Controversial Regulation May Actually Help Bank's Profitability

Reuters | Posted 02.09.2012 | Business

Read More: Chief Financial Officer David Viniar, David Viniar, Goldman Sachs, Video, Proprietary Trading, Reuters, Business News, Volcker Rule, Financial Regulation, David Viniar Goldman Sachs, Business News

* Rule might help Goldman's return on equity - CFO * Banks can buy lower, sell higher to reflect risk * Quicker asset tu...

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U.S. Joining Some European Nations To Crack Down On Tax Evasion

AP | By MARTIN CRUTSINGER | Posted 02.08.2012 | Business

Read More: Business News, Global Tax Evasion, Swiss Bank Tax Evasion, Video, u.s. Tax Evasion, Tax-Evadors, Tax Evasion, u.s. Europe Tax Evasion, Business News

WASHINGTON -- The United States and five European nations are pledging to crack down on global tax evaders. The Treasury Department said Wednesday th...

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Casino Industry Accounts For Significant Slice Of U.S. Economy: Study

The Huffington Post | Ron Dicker | Posted 02.08.2012 | Business

Read More: Gambling, Taxes, Casinos, Video, Gdp, Research, Revenue, New Research, Business News, Florida, United States, Massachusetts, Gross Domestic Product, Recession, Study, Business News

As the U.S. economy sagged, gambling was there to try and prop it up. At least that's the finding of the American Gaming Association. The trade ass...

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German Official: 'The Situation Is Getting More Problematic For Greece Day By Day'

Bloomberg | Marcus Bensasson, Natalie Weeks and Maria Petrakis | Posted 02.08.2012 | Business

Read More: European Debt Crisis, Business News, Michael Meister, Greek Debt Crisis, Greek Bailout, Greek-Debt-Deal, Michael Meister German Official, Business News

Feb. 8 (Bloomberg) -- Greek Prime Minister Lucas Papademos is set to negotiate with leaders of the political parties supporting his caretaker governme...

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Mortgage Applications Surge Fueled By Refinancing Demand

Reuters | Posted 02.08.2012 | Business

Read More: Mortgage Bankers Association, Mortgages, Video, Mortgage Applications, Reuters, Mortgage Crisis, Business News, Refinancing, Mortgage Refinancing, Business News

NEW YORK, Feb 8 (Reuters) - Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell...

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Banks Paying Homeowners To Sell Houses, Avoid Foreclosure

The Huffington Post | Jillian Berman | Posted 02.07.2012 | Business

Read More: Foreclosure Crisis, Video, Loan Modifications, Foreclosure Bonus, Home Affordable Modification Program, Home-Forelcosures, Business News, Ben Bernanke, Foreclosure, Foreclosure News, Jpmorgan Chase Foreclosures, Business News

Some struggling homeowners are getting paid by banks to sell their houses and stave off foreclosure. Many banks, including JPMorgan Chase, are off...

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Lawyer: Government 'Wildly Expanding' Case Against Ex-Goldman Director

Reuters | Posted 02.08.2012 | Business

Read More: Insider Trading, Video, Rajat Gupta, Rajat Gupta Goldman Sachs, Raj-Rajaratnam-Galleon, Reuters, Business News, Rajat-Gupta-Insider-Trading, Raj Rajaratnam Insider Trading, Galleon Insider Trading, Business News

* Prosecutors ready to unveil more in insider-trading case * Judge postpones Rajat Gupta trial to May 21 from April 9 * ...

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Big Bank Threatening Foreclosure On Elderly Civil Rights Activist During MLK Campaign

Posted 02.07.2012 | Business

Read More: Helen Bailey Foreclosure, JPMorgan Chase, Foreclosure Crisis, Video, Cornell West, Martin Luther King, Civil Rights Activists, Business News, Occupy Nashville, Occupy Movement, Black History Month, Jpmorgan Chase Foreclosures, Business News

In the midst of a campaign to help "fulfill" the "vision" of Martin Luther King Jr., JPMorgan Chase has come under fire for threatening to evict an el...

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Twenty-One Books And No Answers

NPR | Jacob Goldstein | Posted 02.07.2012 | Business

Read More: Business News, Andrew Lo, Financial Crisis Books, Financial Crisis, Massachusetts Institute of Technology, Andrew Lo Financial Crisis, Business News

A while back, the MIT economist Andrew Lo set out to review a couple books about the financial crisis. Those books led to a couple more books, which l...

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In Ponzi Scheme Trial, Prosecution's Key Witness Portrayed As Liar

AP | JUAN A. LOZANO | Posted 02.08.2012 | Business

Read More: R. Allen Stanford, James-M-Davis-Stanford, Video, Allen-Stanford-Ponzi-Scheme, Stanford Ponzi Scheme, Business News, Stanford Trial, Financial Crimes, James M. Davis, Allen Stanford Fraud, Business News

HOUSTON — Attorneys for jailed Texas tycoon R. Allen Stanford suggested to jurors Tuesday that letters, emails and other documents show it was n...

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China To Publish Sensitive Data On Income Inequality

AP | Posted 02.07.2012 | Business

Read More: Business News, Video, China Wealth Gap, China Economy, Income Inequality, China, Wealth Gap, China Income Inequality, Business News

BEIJING -- Chinese state media say the government plans to conduct a nationwide income survey to help it calculate a politically sensitive measure of ...

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