After increases during 2007 and 2008 in the number of unionized workers, 2010 is following 2009 in showing a big drop. Governments now employ more union labor than the private sector does, but both categories showed declines in…
Steven Rattner has reached an agreement with New York Attorney General Andrew Cuomo to settle allegations that the former “car czar” paid a state official to steer state pension-fund business to Rattner’s Manhattan-based privat…
Should Ernst & Young be held responsible for the bad actions of Lehman Brothers? New York Attorney General Andrew Cuomo, who Tuesday slapped the Big Four audit firm with civil fraud charges, thinks so. But it’s not an easy ques…
Accounting giant Ernst & Young is expected to face civil fraud charges by New York prosecutors over its alleged role in the spectacular collapse of Lehman Brothers. The lawsuit would mark the first time a Big Four accountant ha…
Alan Hevesi, the former comptroller of New York state, has pled guilty to corruption charges that he accepted campaign money and gifts from a California venture capitalist in exchange for directing pension-fund money to the don…