SAC Capital Advisors fund manager Michael Steinberg told the analyst who gave him inside tips on Dell that the fund’s founder, Steven A. Cohen, wasn’t aware they were obtained illegally.
Bernard Madoff’s finance chief, who pleaded guilty to aiding his $17bn fraud, said he could tell right away that fake trades were being used in customer accounts in 1975 when he joined the firm after high school.
Wells Fargo said on Monday that a U.S. government request to add one of its executives as a defendant in a fraud case may be in retaliation for the bank's decision to cut off settlement talks.
McGraw Hill Financial Inc’s Standard & Poor’s unit said the U.S. government has broadened the securities covered in its fraud lawsuit against the ratings company so that the case would be unmanageable at trial.
Surely not ?
If you find yourself in the enviable position of having two job offers, what factors should you consider before deciding which one is best for you ?
Klaus Oestergaard, a former partner and money manager at Brevan Howard Asset Management LLP, rejoined Europe’s biggest privately held hedge-fund firm after leaving more than a year ago.
Twitter's shares slipped on Monday after some of the five lead underwriters of its initial public offering said the social media firm may not achieve Facebook-like scale and its stock may not rise much higher.
Bank of America announced on Monday that it had reached a settlement with Freddie Mac to resolve issues related to residential mortgages the bank sold to Freddie up to 2009, effectively ending all contractual disputes between the two on loans issued before the financial crisis.
The mayor of New Bedford, Mass., wants to save Berkshire Hathaway's old headquarters, but Warren Buffett isn't interested.
The final nude Playboy is out. We break down some of the business numbers behind the magazine.
Frank Sinatra's favorite toast was, "May you live to be 100, and may the last voice you hear be mine."
Caterpillar on Friday said Ed Rapp, a 36-plus-year veteran of the company and group president with responsibility for Resource Industries, is retiring as he battles with Lou Gehrig's disease.