When Countrywide Financial created deeply flawed mortgage-backed securities, it wasn’t just selling bad financial products: It was breaking its contracts. Now some ordinary investors are suing Countrywide’s buyer, Bank of Ameri…
Nope, Angelo Mozilo won’t be serving time, no matter what the evidence shows. In fact, he won’t even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so …
Yahoo, which holds roughly 40% of Alibaba’s Chinese parent, Alibaba Group Holding, had been pining for an IPO of the e-commerce giant’s sister company, Taobao. Now, though, with a fraud probe underway, Yahoo’s chances of cashin…
Identity thieves are claiming fewer victims, but those victims are spending a lot more time and money resolving the incidents, according to a survey by research firm Javelin Strategy & Research.
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The college-age son of former Enron CEO Jeff Skilling has been found dead in the California apartment where the student lived.
John Taylor Skilling, 20, was found dead Thursday laying near bottles of medication, police said, according to news reports…