Michael Ross News
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It would be a mistake to interpret the election of France’s socialist presidential challenger, Francois Hollande, as portending a seismic shift for Europe’s second- largest economy.
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One of the more confounding aspects of the U.S. housing crisis has been the reluctance of lenders to do more to assist troubled borrowers. After all, when homes go into foreclosure, banks lose money.
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It has been four years since the global financial crisis first struck, and the system that helped cause the deepest economic slump since the 1930s is still broken.
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If one wants to understand the full complicity of Wall Street in the Great Recession, look no further than the voluminous package of pre-collapse Lehman Brothers documents that have been made available by the law firm Jenner & Block LLP, which has acted as the coroner in the Lehman post-mortem.
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In July 1995, an Islamic fundamentalist group called Al Faran kidnapped six foreign tourists, including two Americans, in Kashmir. For a few weeks, the world’s attention was fixed on the Himalayan valley as the allegedly Pakistan-backed militants negotiated with Indian security officials and foreign diplomats.
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Several presidential candidates have called the 2012 U.S. elections the most important ever. That seems a reach: more important than 1860 or 1932? Yet there is no doubt that the stakes are high this year, not just in the contest for the White House, but also in the most crucial congressional elections in memory.
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Zvi Goffer , a former deputy of Galleon Group LLC co-founder Raj Rajaratnam , employed corrupt lawyers who passed tips on deals and used disposable mobile phones to communicate, a prosecutor told a jury in New York.
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“Devastating” wiretapped telephone calls in which ex-Galleon Group LLC trader Zvi Goffer is heard sharing illegal tips make for “overwhelming” evidence against him, a prosecutor said at the close of the insider-trading case.
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Hewlett-Packard Co. , accusing Oracle Corp. of harassing its new chief executive officer, refused to accept service of a subpoena requiring Leo Apotheker to testify at a trial over SAP AG’s downloading of Oracle software.
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Following is a list of the 30-man squads selected by the 20 teams for the Sept. 9-Oct. 23 Rugby World Cup in New Zealand:
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