A NASCAR executive will see exactly where the rubber meets the road on the next Undercover Boss Sunday night. But unlike past execs featured on the hit series, the honcho learning lessons at the bottom this time won’t be the CE…
Billionaire Kirk Kerkorian will pay more than $10 million in back child support despite the fact that his ex-wife’s child isn’t Kerkorian’s biological daughter, the Associated Press reported.
Continue reading K…
President Barack Obama talked turkey with Apple CEO and founder Steve Jobs on Thursday, covering a wide range of topics from American competitiveness to job creation, according to a Reuters report.
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Hedge fund manager Arthur Nadel, dubbed the “mini-Madoff”, was sentenced to 168 months in jail after being found guilty of embezzling millions of dollars in a Ponzi scheme.
The sentence is one month in jail for every $1 million he embezzled.
Nadel,…
In a wide-ranging interview, the Nobel Prize winner decries the system of skewed incentives that allowed Wall Street bankers and other corporate execs to gamble with the country’s wealth — and then get away largely scot-free. What happened to “with justice for all,” he asks.
Continue reading Economist Joseph Stiglitz: Put Corporate Criminals in Jail
Economist Joseph Stiglitz: Put Corporate Criminals in Jail originally appeared on DailyFinance on Fri, 22 Oct 2010 06:30:00.
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