Bank for International Settlements Says Global Debt Crossed $100 Trillion in 2013
In a world economy that’s still fighting to come to terms with itself, it seems the planet’s governments are slowly…
Legal News
Former Managing Director with Jefferies & Co. Found Guilty
Jesse Litvak, a former managing director with Jefferies & Co. was found guilty by a federal jury of all counts…
Judge Ruled RBC Capital Markets Misled Rural/Metro Directors in 2011
Delaware Chancery Court Judge Travis Laster ruled that bankers at Royal Bank of Canada Capital Markets misled Rural/Metro directors in…
Disney Lays off 700 Employees from Video Game and Internet Division
Disney laid off more than 25% employees of its global video game and Internet division, Disney Interactive, on Thursday. The…
Former Jefferies Group Trader Found Guilty of Misrepresenting Bond Prices
A jury in the U.S. District Court in New Haven, Conn., found former Jefferies Group LLC trader Jesse Litvak guilty…
Billionaire John Paulson’s Hedge Funds
Founded in 1994 with $2 million and one employee, John Alfred Paulson is a hedge fund manager who heads Paulson…
Toyota Continues to Worry That Higher Wages Would Increase Costs
Masamoto Azuma, chairman of the Federation of All Toyota Workers’ Unions, comprised of 312 unions that represent about 329,000 members, reported…
Gary Cohen U.S. Health Insurance Regulator Resigns
Gary Cohen was responsible for setting up Obamacare exchanges and establishing regulations for insurance companies under the plan. According to…
Largest Law Firm Bankruptcy in History
Dewey & LeBoeuf LLP, a former global law firm, headquartered in New York City, is now bankrupt. The giant firm is…
Oscar Pistorius Murder Trial
Oscar Pistorius is the Paralympic star known as "Blade Runner." The Mirror UK has reported that Pistorius, 27, admits to…
Credit Probe Inches Ahead
Credit Suisse Group AG is a Switzerland-based multinational financial services holding company headquartered in Zürich that operates the Credit Suisse…
McDonald’s and the Struggle with Income Inequality
The Huffington Post has reported that McDonald’s has been a recent target of protests aimed at pushing the fast-food industry…