Trader who lost £1.4bn 'told to push boundaries' The Independent | An alleged rogue trader accused of gambling away £1.4bn was urged to "push the boundaries" by his bosses, a jury heard yesterday. | Kweku Adoboli, 32, is accused of committing Britain's biggest ever fraud while working for Swiss bank UBS during the global financial crisis. He denies two counts of...
Ex-Goldman director Gupta gets two years for insider trading CNN By James O'Toole @CNNMoney October 24, 2012: 4:34 PM ET | Rajat Gupta leaves court last year. | NEW YORK (CNNMoney) -- Former Goldman Sachs board member Rajat Gupta received a two-year prison sentence Wednesday in the highest-profile case yet of the government's ongoing insider trading crackdown. | ...
Trader who lost £1.4bn 'told to push boundaries' The Independent | An alleged rogue trader accused of gambling away £1.4bn was urged to "push the boundaries" by his bosses, a jury heard yesterday. | Kweku Adoboli, 32, is accused of committing Britain's biggest ever fraud while working for Swiss bank UBS during th...
U.S. sues Bank of America, claims $1B fraud The Charlotte Observer | Federal prosecutors sued Bank of America on Wednesday, accusing the bank of defrauding government-sponsored mortgage giants Fannie Mae and Freddie Mac of at least $1 billion through a “spectacularly brazen” loan-origination program called the “H...
Ex-Goldman exec gets 2-year sentence for insider trading The Charlotte Observer | NEW YORK A former Goldman Sachs and Procter & Gamble Co. board member once widely respected worldwide for his business smarts was sentenced Wednesday to two years in prison for feeding inside information about board dealings with a billionaire hedg...
Ex-Goldman director Gupta gets two years for insider trading CNN By James O'Toole @CNNMoney October 24, 2012: 4:34 PM ET | Rajat Gupta leaves court last year. | NEW YORK (CNNMoney) -- Former Goldman Sachs board member Rajat Gupta received a two-year prison sentence Wednesday in the highest-profile case yet of the ...
Ang Lee: 'Life of Pi' more than an art house film Philadelphia Daily News | The Associated Press | Posted: Wednesday, November 7, 2012, 4:26 AM | TAIPEI, Taiwan - Oscar-winning director Ang Lee says he worked hard during the four-year shooting of Yann Martel's "Life of Pi" to give the $100 million art house film appeal for general audiences. | The movie stars Indian Suraj Sharma, who plays a boy who drifts on the open se...
Housing Still Precarious in Obama’s Second Term CNBC | The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. | Compare that to just 39 rising metros a year ago. The median home price is up 7.6 percent from a year ago, the strongest year-over-year increase since the first qu...
