An internal investigation by the International Monetary Fund into allegations that Dominique Strauss-Kahn , then its managing director, abused his position of power failed because the alleged victim refused to cooperate.
Former American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg asked New York’s highest court to clear his name and dismiss what remains of an eight-year-old lawsuit over an AIG accounting scandal.
Bill Gross and Larry Fink manage a $3 trillion pile of bonds -- an amount almost as big as Germany’s economy. Their firms, Pacific Investment Management Co. and BlackRock Inc., doubled holdings since 2008, outpacing the market’s growth of 50 percent.
Former heavyweight champion David Haye, who lost his World Boxing Association championship belt in a defeat to Wladimir Klitschko in July, is to retire from the sport, the British Broadcasting Corp. reported.