Eric A. Bloom, chief executive officer of failed investment firm Sentinel Management Group Inc., which once had $2 billion under management, was found guilty of misleading clients in what prosecutors called a $500 million fraud scheme.
Eric A. Bloom, chief executive officer of the failed investment firm Sentinel Management Group Inc., fraudulently misled its clients about how their assets were being used, a prosecutor told a federal court jury.
John Laing Plc, a U.K. infrastructure company, said it will take a bigger share of the 160 million-pound ($254 million) environmental fund it’s seeking to list and investor commitments now meet that target.
Rachel “Bunny” Mellon, the heiress to one of America’s great business fortunes whose support of presidential candidate John Edwards had attracted her, at 100, the type of public scrutiny she had spent a lifetime avoiding, has died. She was 103.