How to Avoid Getting Conned by Foreclosure Rescue Scams

The foreclosure crisis continues to pummel millions of Americans, and it has given rise to new con artists offering false assistance that leaves homeowners even deeper in debt. If you don’t want to get kicked when you’re alread…

Madoff Trustee Sues UBS for $2 Billion

The trustee representing investors cheated by Bernie Madoff sued Swiss bank UBS (UBS) for $2 billion.

The suit alleges that UBS collaborated with Madoff’s Ponzi scheme, The Associated Press reported. The suit alleges 23 counts of financial fraud and …

CEO Sex Scandals: A Rogues’ Gallery

CEOs are supposed to know when to say no. But when it comes to the temptation of having an adulterous affair, even some of the toughest-minded bosses just can’t hold up a stop sign. Here are nine chief execs (all men) who made …

John Lennon Lyrics to Fetch $553,000 at Auction

Handwritten lyrics scribbled by John Lennon on the back of a phone bill are expected to sell for 350, 000 pounds ($553,000) at auction.

Lennon scrawled some lyrics for “I’m Only Sleeping” on the back of a letter demanding overdue payment for his radiophone, an early car phone, The Guardian reported.

“I’m Only Sleeping” appeared on the Beatles’ classic 1966 album Revolver.

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Continue reading John Lennon Lyrics to Fetch $553,000 at Auction

John Lennon Lyrics to Fetch $553,000 at Auction originally appeared on DailyFinance on Wed, 24 Nov 2010 07:50:00.

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Former Comverse CEO Settles SEC Charges for $53.6 Million

Jacob Alexander, co-founder of Comverse Technology Inc., (CMVT) agreed to pay $53.6 million to settle charges of backdating stock options and misleading investors.

The settlement consists of a $6 million penalty and the paying of $47.6 million that t…