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Former Enron CEO To Ask For Early Prison Release

Prison Bars

One of the world's most infamous and longest-running white collar crime cases could come to a dramatic end Friday, when Jeffrey Skilling and prosecutors go before a judge to ask that the former Enron CEO be released early from prison.

Bill Gross: Bernanke Might Be Driving In A Fog

Bill Gross Interview Still

PIMCO co-CIO Bill Gross appeared on Bloomberg TV's 'Street Smart' with Trish Regan and Adam Johnson today, where he said that investors who are selling Treasuries on expectations that the Federal Reserve will scale back QE are missing the influence of inflation on the Fed's decision.

The Next Bank of England Governor and QE

Bank Of England Building

When Mark Carney takes over as Governor of the Bank of England next month he should move swiftly to implement the additional Quantitative Easing which BofE Governor King has been unable to persuade the MPC is required – a quick look at the supply of money will confirm the need for this.

UK Banks May Be Ordered To Find £27bn To Fill Shortfalls

Brick Wall

The scale of the capital shortfalls of each of Britain's major banks is expected to be revealed by the banking regulator on Thursday amid mounting speculation that the big eight players could have been ordered to find up to £27bn to plug gaps identified by the watchdog.



Sec Building

Blackstone charged by SEC for failure to disclosure adviser benefits

The Securities and Exchange Commission has announced that three private equity fund advisers within The Blackstone Group have agreed to pay nearly $39m to settle charges that they failed to fully inform investors about benefits that the advisers obtained from accelerated monitoring fees and discounts on legal fees.