George Perez News
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European rules on quotas for women on company boards are necessary because businesses aren’t doing enough themselves, according to European Union Justice Commissioner Viviane Reding.
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Frank DiPascali Jr., who admitted to helping his boss Bernard L. Madoff carry out the biggest Ponzi scheme ever, told FBI agents that employees asked him if the business was a “scam” before the world learned the truth.
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Five longtime employees of Bernard Madoff’s former investment firm face more charges related to the jailed con man’s Ponzi scheme, which the government claims got its start in the 1970s.
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American Express Co., the biggest credit-card issuer by purchases, will pay $112.5 million to settle claims it violated consumer safeguards from marketing to collection in products sold to about 250,000 customers.
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Peter Madoff, who pleaded guilty to aiding Bernard Madoff’s fraud while claiming he didn’t know his older brother was running a vast, decades-long Ponzi scheme, was sentenced to 10 years in prison.
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The New York lawsuit over mortgage- backed securities filed Monday against JPMorgan Chase & Co. will serve as a template for suits against other issuers, state Attorney General Eric Schneiderman said.
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Five longtime employees of Bernard Madoff’s investment firm will go to trial Oct. 7, 2013 for their alleged roles in history’s biggest Ponzi scheme, a judge said.
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After several drinks at a Greek restaurant on Manhattan’s Third Avenue in the summer of 2006, two computer programmers at Bernard Madoff’s investment firm asked their supervisor whether the boss’s business was a scam, Bloomberg News’ David Glovin and Bob Van Voris report.
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Five states are considering whether they will sue to challenge Express Scripts Inc.’s bid for Medco Health Solutions Inc. if federal antitrust regulators approve the deal, two people familiar with the matter said.
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Four former employees of Bernard Madoff appeared in court to answer new criminal charges two years after their boss was arrested and admitted to running the biggest Ponzi scheme in history.
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