Ebola becomes latest stock scam, U.S. SEC says
– U.S. regulators on Thursday suspended trading in four small over-the-counter stocks of companies that they said have been touting the development of products to prevent or treat the Ebola virus, and More...
Madoff victims’ recovery rises to nearly $10.5 billion
– The trustee recovering money for Bernard Madoff’s victims on Tuesday announced two agreements to recoup more than $145 million, boosting the total amount raised to nearly $10.5 billion. Irving More...
8 Convicted for Same-Sex Wedding in Egypt
An Egyptian court on Saturday convicted eight men for “inciting debauchery” following their appearance in an alleged same-sex wedding party on a Nile boat, sentencing each of them to three years More...
The Quiet Philanthropy of Hedge Fund Billionaire Bruce Kovner
Many hedge fund managers make a lot of noise, particularly activist investors who will do anything, including threaten lawsuits to try to affect company decisions. Many even toot their own horns as philanthropists. More...
US Government Cannot Dismiss AIG Lawsuit
A federal judge denied the U.S. government the right to dismiss a lawsuit brought by former AIG head Maurice Greenberg. The suit is for $25 billion and is over the fact that when the government bailed out the More...
VSL Communications Says Google Personnel Left Incriminating Post-Its on Allegedly Stolen Technology
– Attorneys for VSL Communications, accusing Google Inc. of stealing and profiting from their client’s trade secrets for reducing the size of media files without loss of quality, say they now More...