Bethany McLean News
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Goldman Sachs Group Inc. changed how it calculated year-end bonuses in 2005, corrupting a culture of teamwork that existed previously, according to a book published today by former employee Greg Smith.
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As Wall Street bonuses bulged and housing prices were peaking in 2005, Daniel Mudd found himself dreading his top job at Fannie Mae.
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The U.K. is losing about 38 billion pounds ($61 billion) a year to fraud, with the finance industry bearing the largest loss in the private sector of 3.6 billion pounds, the government said.
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TONIGHT on Charlie Rose @ 8p & 10p ET, journalists Bethany McLean and Joe Nocera discuss their book, ``All the Devils Are Here: The Hidden History of the Financial Crisis.’’ Wikipedia co-founder Jimmy Wales talks about his company’s 10th anniversary coming up in January, expansion into India, and the future of open-source knowledge and social media.
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With so many business books being published each month, we’re often asked for recommendations. Here are 30 of our favorite hardbacks published this year.
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With so many business books being published each month, we’re often asked for recommendations. Here are 30 of our favorite hardbacks published this year.
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With so many business books being published each month, we’re often asked for recommendations. Here are 30 of our favorite hardbacks published this year.
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Merrill Lynch & Co. enhanced risk controls in the years before mortgage losses eroded its capital and led to a forced sale to Bank of America Corp. in 2008, former co-President Ahmass Fakahany said.
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